Palm, Inc. has just given the world its first official glimpse of a smartphone it will release in the near future. The company hasn't released all the details on this device, just a broad overview.

There will be several things that will set this device apart from Palm's current Treo line, the most obvious of which is it won't be called a Treo. Instead, it will be the "Palm Centro".

It will initially be offered in the U.S. by Sprint, and will support this carrier's high-speed EV-DO wireless network.

The Centro will run the Garnet OS, formerly Palm OS Garnet, not Windows Mobile.

AKA the Gandolf

Palm says this will be its smallest smartphone ever; nevertheless, it will still include a full keyboard and touch screen.

No official pictures of the Centro have been released, but those who were at a Sprint event today where this device was on display say it is the device previously known as the Gandolf (see image at right).

According to Palm, this model has been created for "a younger demographic, new to the smartphone space".

The company isn't yet willing to announce what the Palm Centro will sell for, but an unofficial report says its price will be $99