To many, Palm was a sitting duck, just biding time until the Apples and BlackBerrys of the world took away its dwindling market share. But this week, the Sunnyvale, Calif.-based device maker set out to prove it ain't dead yet. Palm and Sprint released the Palm Treo 800w, an updated version of Palm's signature smart phone, with a leaner, meaner form factor.

Releasing the new Treo just days after iPhone fever gripped the nation was a bold move for Palm, but the handset maker is hoping to back it up with the Treo 800w, which runs Windows Mobile 6.1 Professional as an operating system and features GPS, Wi-Fi and EVDO Rev. A.

The Treo, which features a 320 x 320 resolution touch screen and a full QWERTY keyboard, measures 4.4 x 2.3 x 0.7 inches and weighs in at 5 ounces, making it slimmer and more streamlined than earlier Treo iterations. The Treo 800w also features a 2.0-megapixel camera with camcorder, built-in media player and stereo Bluetooth. It also features a MicroSD card slot for up to 8 GB of memory.