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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 178.29-1.6%Dec 12 9:30 AM EST

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To: Ramsey Su who wrote ()2/15/2000 7:00:00 PM
From: nbfm  Read Replies (1) of 13582
 
Sierra Wireless Reports Fourth Quarter and 1999 Results
Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 15, 2000-- Sierra Wireless(TSE:SW.)

[snip]

Fourth Quarter Highlights Included:

[snip]

* In December, we announced a multi-year agreement to supply EDGE (Enhanced Data rates for Global Evolution) high-speed wireless data products to AT&T Wireless Services. AT&T Wireless Services has agreed to purchase from us approximately $30 million of our EDGE modems, which we expect to deliver over a twelve month period beginning in the second half of 2001. AT&T Wireless Services plans to deploy EDGE throughout their nation-wide US footprint, starting in 2001. EDGE will allow AT&T Wireless Services to offer data services at speeds up to 384 kilobits per second.

URL: businesswire.com

BW0668 FEB 15,2000

14:26 PACIFIC

17:26 EASTERN
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