ALLTEL and Telson Electronics Sign Memoranda of Understanding for QUALCOMM's BREW Platform; Developers Also Continue to Join Lengthy MOU List.Business Editors/High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--April 30, 2001 QUALCOMM Incorporated (Nasdaq: QCOM QCOM Qualcomm, Inc. (stock symbol) ), pioneer and world leader of Code Division Multiple Access (CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. ) digital wireless technology, today announced it has signed non-binding memoranda of understanding (MOUs) with wireless service provider ALLTEL and Korean device manufacturer Telson tel·son n. 1. The rearmost segment of the body of certain arthropods. 2. An extension of this segment, such as the middle lobe of the tail fan of a lobster or the stinger of a scorpion. Electronics. These companies join an impressive list of carriers, handset manufacturers and applications developers that have signed such MOUs indicating interest in QUALCOMM's Binary Runtime Environment for Wireless BREW is an application development platform created by Qualcomm for mobile phones. It was originally developed for CDMA handsets, but has since been ported to other air interfaces including GSM/GPRS, UMTS, and CDMA. (TM) (BREW(TM)) applications platform. "We are thrilled with the opportunity to work with ALLTEL and Telson in providing the consumer with an entirely new and improved wireless Internet experience," said Peggy Johnson, senior vice president of QUALCOMM and general manager of QUALCOMM Internet Services. "The excitement about the BREW platform is building for carriers, manufacturers, and especially developers, as we move closer to our BREW 2001 developers conference and the commercial release of the BREW Software Development Kit(TM) (SDK (Software Developer's Kit) See developer's toolkit and Windows SDK. SDK - Software Developers Kit (or "Software Development Kit"). ) in early May." QUALCOMM will release the Windows(R)-based SDK to those attending the "BREW 2001: Developer and 3G Technology Conference," May 8-10, 2001, in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . BREW 2001 is now in "sold out" status and QUALCOMM is unable to accept any more registrations. The following applications developers recently signed non-binding MOUs with QUALCOMM, and join a long list of BREW developers previously announced (see announcements on Jan. 31, March 20 and April 13, 2001): -- Communication -- AccessPort Inc., Al.Net Corp., Reaxion Corp., Synapse -- Enterprise -- Comsquare, JUSTSYSTEM Corporation, The Managing Consultant, M7 Networks -- Games/Entertainment -- Mcool Corp., MorphInk Corp., Ticket Link -- Personal Navigation -- Webraska Mobile Technologies -- Personalized Ringtones and Phone Graphics -- Premium Wireless Services Inc. QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. products and services based on the Company's CDMA digital technology. The Company's business areas include CDMA integrated circuits and system software; technology licensing; the BREW applications platform; Eudora(R) e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar(TM) system and wireless fleet management systems, OmniTRACS(R) and OmniExpress(TM). QUALCOMM owns patents that are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. QUALCOMM has licensed its essential CDMA patent portfolio to more than 100 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2001 FORTUNE 500(R) company traded on The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (R) under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors QCOM. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the extent to which any of the MOUs may result in binding definitive agreements or actual development of products, the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed and the BREW platform is adopted, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended September 24, 2000, and most recent Form 10-Q Form 10-Q See 10-Q. . QUALCOMM, OmniTRACS and Eudora are registered trademarks of QUALCOMM Incorporated. OmniExpress, BREW Software Development Kit and BREW are trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. Windows is a registered trademark of Microsoft Corp. All other trademarks are the property of their respective owners. |
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