Werner Enterprises and QUALCOMM Combine Efforts to Develop Effective Standards for Untethered Trailer Asset Management System.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Oct. 17, 2003 -- Werner Enterprises Werner Enterprises, Inc. (NASDAQ: WERN) is one of the largest trucking companies in the United States and has its Corporate headquarters in Omaha, Nebraska. Werner was founded in 1956 by Clarence L. Werner, who began his business with only one truck at age 19. Joins as a Founding Member of QUALCOMM Consortium -- Werner Enterprises (Nasdaq:WERN), one of the nation's largest truckload transportation companies, and QUALCOMM Incorporated (Nasdaq:QCOM QCOM Qualcomm, Inc. (stock symbol) ), the leader in mobile communications for the transportation industry, today announced that Werner has joined QUALCOMM's untethered Unattached to any data or power source by wire or fiber; in other words: wireless. Contrast with tethered. trailer tracking The term trailer tracking refers to the concept of tracking the position of an articulated vehicle’s trailer unit. This position is determined through a tracking device fitted to the trailer. consortium to develop an effective technology solution for tracking and managing untethered trailers. Werner Enterprises will provide real-world insight to QUALCOMM to help guide the development of an untethered trailer asset management system. Werner Enterprises joins the consortium as one of the founding members. "Werner Enterprises is happy to support QUALCOMM's initiative in developing a solution that is intended to meet the real-world needs of carriers, including cargo security and cost savings per load," said Greg Werner, President, Werner Enterprises. "The industry is becoming more interested in developing untethered trailer tracking technology, and we're happy that we can help advance this process." The QUALCOMM Consortium will consist of executives from a select number of leading companies in the transportation industry. This group will provide direction into how QUALCOMM's untethered trailer tracking product will be implemented in the market. A Product Direction Council has been chartered to help provide feedback to QUALCOMM about product features for the untethered trailer tracking product. The council will consist of consortium members, who will be permanent members, and non-consortium members whose membership will rotate periodically. Product Direction Council members will be able to participate in beta product testing. "QUALCOMM looks forward to working with Werner on developing an untethered trailer tracking solution that will address the needs of all carriers," said Chris Wolfe, President, QUALCOMM Wireless Business Solutions. "Werner's involvement in this project demonstrates the company's commitment to supporting industry-leading technology solutions." QUALCOMM is currently in discussions with other leading transportation and logistics providers regarding participation in the Company's untethered trailer tracking consortium. QUALCOMM is the industry's global leader in providing high-value wireless data solutions with a Network Management Center that processes more than seven million transactions each day. The Company has shipped over 480,000 mobile communications systems to businesses in more than 39 countries on four continents. 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 (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 technology. Headquartered 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. , Calif., QUALCOMM is included in the S&P 500 Index and is a 2003 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. Werner Enterprises (www.werner.com) is a full-service transportation company providing truckload and logistics services throughout the 48 states, portions of Canada and Mexico. C.L. Werner founded the Company in 1956. Werner is one of the nation's largest truckload carriers with a fleet of 8,325 trucks and 22,110 trailers as of September 30, 2003. QUALCOMM is a registered trademark of QUALCOMM Incorporated. All other trademarks are the property of their respective owners. |
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