Eo Inc chief executive Alain Rossmann says that on March 8, the handheld communicator designer backed by AT&T Co and Matsushita Electric Industrial Co will announce that a major European company will join its roster of backers and that the announcement will be made in London: Siemens AG, which has been scouting for a partner, is the most likely but GEC Plc is also a clear possibility – it is described as a very large European partner; other names touted by Reuter include Philips Electronics NV and L M Ericsson Telefon AB; Eo already has its first device, the AT&T Hobbit RISC-based Eo 440, on the market, at between $2,000 and $3,500.