In July, 1998 the Velo 1 was replaced by the Velo 500, which included more RAM and ROM and a much faster Philips PR31700 MIPS processor running at 75 MHz. The Velo 500 had a widescreen resolution of 620×240 pixels, which was becoming the norm. Not only did the screen feature more horizontal pixels, it now displayed in four bits per pixel, allowing 16 shades of grey to be displayed. It featured up to 24 MB of RAM as well as an upgrade to the software modem, which operated at 28.8 kbit/s, a digital voice recorder and shipped with Windows CE 2.0.