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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 151.36-0.6%3:26 PM EST

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To: GO*QCOM who wrote (612)8/5/1999 10:30:00 PM
From: Michael   of 13582
 
From QCOM recent SEC filing concerning MOT lawsuit

edgar-online.com
< On July 20, 1999, we filed a lawsuit against Motorola, Inc. seeking a
judicial determination that we have the right to terminate all licenses granted
to Motorola under a 1990 Patent License Agreement, while retaining all licenses
granted by Motorola to us under the same agreement. We filed our complaint in
the United States District Court for the Southern District of California where
other actions between us and Motorola have been pending for more than two years.
The complaint alleges that Motorola has committed breaches of our Patent License
Agreement with Motorola that include pursuing a lawsuit against us for
infringement of patents that are in fact licensed to us under the agreement and
a failure to grant certain sublicenses to us in accordance with the terms of the
agreement. Our new filing also seeks a ruling that upon termination of the
Patent License Agreement, the patents formerly licensed to Motorola would be
infringed by CDMA handsets, integrated circuits and network infrastructure
equipment made and sold by Motorola.
>
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