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Non-Tech : The Critical Investing Workshop

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To: Uncle Frank who wrote ()3/14/2000 9:08:00 AM
From: scrupulous   of 35685
 
PR NewsWire QUALCOMM Signs New OmniTRACS Contract with JB Hunt - JB Hunt to Install JTRACS Pro Vehicle Data Gateway
- JB Hunt to Install JTRACS Pro Vehicle Data Gateway -

SAN DIEGO, March 14 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM),
the leader in mobile communications for the transportation industry, today
announced that Lowell, Ark.-based JB Hunt, has signed a new contract with
QUALCOMM renewing its commitment to the OmniTRACS(R) mobile communications
system. In addition to the OmniTRACS system renewal, the terms of the
agreement allow JB Hunt to equip its entire fleet with the JTRACS Pro Vehicle
Data Gateway(R). JTRACS Pro combines real-time vehicle diagnostics reporting
with the ability to access and monitor third-party systems and devices via
QUALCOMM's Vehicle Data Gateway technology.
"QUALCOMM has been JB Hunt's preferred mobile communications provider for
more than 10 years," stated George Brooks, vice president, IS Applications, JB
Hunt. "Recently a lot of competition has arisen in this industry, and we need
a reliable provider that we can be confident will provide quality service into
the future and deliver new cutting-edge products such as JTRACS Pro Vehicle
Data Gateway. QUALCOMM has a proven technology that has been very dependable
throughout the years. We look to QUALCOMM as our choice for long term mobile
communications solutions."
"Our relationship with JB Hunt has always been more than just a contract,"
stated Phil White, president of QUALCOMM Wireless Business Solutions. "We are
pleased to see customers that have been with us for more than 10 years
continue to benefit from the OmniTRACS offering. As we continue to grow and
enhance our products and services, we look forward to continuing our support
of JB Hunt's business operations."
QUALCOMM has helped the transportation industry become more efficient
since 1988 when the OmniTRACS System began to provide transportation companies
with an innovative and effective way of managing logistics. QUALCOMM's fleet
management solutions continue to set the standard by offering innovative
products and services that meet the demands of a constantly changing
marketplace. With the introduction of OmniExpress(TM), a Code Division
Multiple Access (CDMA)-based digital wireless PCS communications and tracking
system, along with the TrailerTRACS(R) suite of products and other innovative
technologies, QUALCOMM continues to expand into various markets including
regional and metropolitan-based fleets. With a Network Management Center that
processes nearly five million transactions each day and 325,000 mobile systems
used by businesses in more than 36 countries on four continents, QUALCOMM
continues to lead the industry in providing wireless data solutions.
QUALCOMM's OmniTRACS system is a satellite-based mobile communications and
tracking system that provides real-time messaging and position reporting
between fleets and their operations centers. Messages are sent, via
satellite, through QUALCOMM's Network Management Center to dispatch centers
throughout the United States. The OmniTRACS system is an interactive, fully
integrated information management system that includes two-way mobile
communications, satellite tracking and fleet management software. The
OmniTRACS system operates 24 hours a day, seven days a week.

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 integrated CDMA chipsets and system software; technology licensing;
Eudora(R) email software for Windows(R) and Macintosh(R) computing platforms;
fleet management systems including OmniTRACS and OmniExpress(TM) and portions
of the Globalstar(TM) system. QUALCOMM owns patents which 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
75 telecommunications equipment manufacturers worldwide. Headquartered in San
Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 1999 FORTUNE
500(R) company traded on the Nasdaq under the ticker symbol QCOM.

Except for the historical information contained herein, this news release
contains forward-looking statements that are subject to risks and
uncertainties, including timely product development, the Company's ability to
successfully manufacture significant quantities of CDMA or other equipment on
a timely and profitable basis, and those related to performance guarantees,
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 for the year ended September 26,
1999, and most recent Form 10-Q.

QUALCOMM, OmniTRACS, JTRACS Pro Vehicle Data Gateway, OmniExpress and
Eudora are trademarks of QUALCOMM Incorporated. Globalstar is a trademark of
Loral QUALCOMM Satellite Services, Incorporated. Windows is a registered
trademark of Microsoft Corp. Macintosh is a registered trademark of Apple
Computer Inc. All other trademarks are the property of their respective
owners.

SOURCE QUALCOMM Incorporated
-0- 03/14/2000
/CONTACT: Susan Hind, QUALCOMM Wireless Business Solutions, 858-658-5878,
fax 858-658-1578, shind@qualcomm.com, or Christine Trimble, Corporate Public
Relations, 858-651-3628, fax 858-651-2590, ctrimble@qualcomm.com, or Julie
Cunningham, Investor Relations, 858-658-4224, fax 858-651-9303,
jcunningham@qualcomm.com, all of QUALCOMM Incorporated; or Lisa Young,
Corporate Communications of JB Hunt, 501-820-8270, fax 501-820-3418,
lisa_young@jbhunt.com/
(QCOM)

CO: QUALCOMM Incorporated; JB Hunt
ST: California, Arkansas
IN: TLS TRN
SU: CON

ET-SF
-- LATU044 --
1972 03/14/2000 07:31 EST prnewswire.com
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