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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 155.42-2.5%10:02 AM EST

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To: qdog who wrote (2908)11/3/1999 8:38:00 AM
From: jackmore  Read Replies (1) of 13582
 
QUALCOMM Signs with Sprint to Offer the First CDMA Data Application for a Vertical Market
- OmniExpress Introduced to the Transportation Market -

SANTA CLARA, Wireless IT '99, Booth # 315, Calif., Nov. 3 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM), worldwide leader in integrated wireless data solutions and Sprint's Wireless Division (NYSE: PCS) the nation's largest 100 percent digital, 100 percent PCS nationwide wireless network, today announced an integrated communications solution agreement that will allow QUALCOMM to use the Sprint PCS nationwide network to provide wireless data service for QUALCOMM's new OmniExpress(TM) fleet management product. OmniExpress is a mobile communications and tracking system that provides real-time messaging and position reporting between fleets and their operations centers.

"We plan to leverage our knowledge of the transportation industry combined with Sprint PCS' superior CDMA voice and data services," said Dave Brandos, vice president of marketing for QUALCOMM Wireless Business Solutions. "As the pioneers of CDMA technology, and as a leader in integrated wireless data solutions, QUALCOMM understands the exceptional quality and superior advantages that a CDMA network will provide."

"Sprint PCS is excited to join QUALCOMM in offering OmniExpress customers a fully integrated voice and data communications solution," said Bernie Bianchino, chief business development officer, Sprint PCS. "This agreement is another great example of the many capabilities of our 100 percent digital, 100 percent PCS nationwide CDMA network."

For Sprint PCS, the agreement represents a new distribution opportunity that complements the company's business to business and national sales channels.

Targeted at metropolitan-based fleets, OmniExpress will offer a low-cost wireless mobile communication solution by transmitting data over the Sprint PCS digital network, which currently serves the nation's major metropolitan areas including more than 4,000 cities and communities across the country. Similar to the successful OmniTRACS(R) satellite-based mobile communication system, this product will help transportation companies increase productivity and managerial control in a cost-effective manner. In addition, Sprint PCS will offer optional access to its nationwide wireless voice service to OmniExpress customers who want a fully integrated voice and data solution.

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