QUALCOMM AND CYBERLANE SIGN CDMA MODEM CARD LICENSE AGREEMENT.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, has announced that it has entered into a CDMA modem card license agreement with San Diego-based Cyberlane Inc. Under the terms of the royalty-bearing agreement, QUALCOMM has granted Cyberlane a worldwide license under QUALCOMM's CDMA technology and patents to design and market innovative solutions for cdmaOne and third-generation (3G) CDMA (cdma2000, cdma2000 1xEV, TD-SCDMA TD-SCDMA Time Division Synchronous Code Division Multiple Access , WCDMA (Wideband CDMA) A 3G high-speed digital data service provided by cellular carriers that use the TDMA or GSM technology worldwide, including AT&T (formerly Cingular) and T-Mobile in the U.S. ) applications. Cyberlane will pay QUALCOMM ongoing royalties at the same rates for second generation and 3G equipment, irrespective of irrespective of prep. Without consideration of; regardless of. irrespective of preposition despite the licensed CDMA standard implemented. "QUALCOMM welcomes Cyberlane to our growing list of CDMA modem card licensees as they begin participating in the rapidly growing CDMA market, especially for data applications through modem card implementations," said Marvin Blecker, senior vice president of technology transfer for QUALCOMM. "Cyberlane's commitment to the research, design and development of CDMA technology further supports QUALCOMM's vision of providing advanced CDMA-enabled wireless solutions to consumers and businesses worldwide." "We have always believed that CDMA offers inherent advantages to meet our customers' needs for superior voice and data communication products. We look forward to working closely with QUALCOMM to support this need," said Byoung-Sik Jang, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cyberlane. "This license will allow Cyberlane to continue expanding its proven record of CDMA design and development. Additionally, it will foster our organization to readily support and develop wireless-enabled devices based on all 3G CDMA standards." Cyberlane Inc. is a leading OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and supplier and forerunner in turnkey development of CDMA wireless-enabling technology and products, including mobile handsets, embedded communications modules and wireless PC Modem Cards focused on current and future 3G CDMA standards. The Company is committed to providing wireless solutions to complement the convergence of wireless voice and data-centric applications. Headquartered in San Diego, Cyberlane was established in 1997 as an R&D center for wireless handsets and communication modules. QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications 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; Eudora email software for Windows and Macintosh computing platforms; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. 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 90 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2000 FORTUNE 500 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. 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. |
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