Palm/MTX_II.A is a 'greeting card' Palm application dropped by MTX_II.A Windows virus. The Palm application itself is not malicious but it is dropped as a payload of MTX_II.A.
Based on the settings of your F-Secure security product, it will either automatically delete, quarantine or rename the detected program or file, or ask you for a desired action.
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Upon execution the Palm/MTX_II.A displays a following dialog containing greetings to other virus writers.
When user clicks ok button of the dialog the application displays a animation of random rectangles that resembles game of life.
Palm/MTX_II.A is not a virus and it does not no anything malicous to other palm applications or data. But as it is installed into Palm device without user permission it is treated as a trojan, and detected by F-Secure Anti-Virus and F-Secure Anti-Virus for Palm OS.