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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (325)6/12/2000 7:08:00 PM
From: GO*QCOM  Read Replies (1) of 343
 
QUALCOMM CDMA Technologies Supports Industry-Wide Push for HDR-Based Wireless Internet Services with End-to-End Chipset Solutions
HDR Roadmap to Include iMSM4500, iMSM5500 and CSM5500 Chipsets to Drive HDR Trials and Commercial Deployment
SAN DIEGO--(BUSINESS WIRE)--June 12, 2000-- QUALCOMM Incorporated (Nasdaq: QCOM - news), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced a complete, end-to-end solution in support of an industry-wide movement to standardize, develop and deploy a High Data Rate (HDR) CDMA solution capable of providing up to 2.4 million bits per second (Mbps) peak rate transmission speed for wireless Internet access communications. Trials of HDR using QUALCOMM's iMSM4500(TM) Mobile Station Modem (MSM(TM)) chipset and system software, scheduled to begin in the summer of 2000, will offer customers the chance to further evaluate HDR technology.

``QUALCOMM has worked closely with other members of the CDMA Development Group to facilitate standardization of an HDR solution,'' said Don Schrock, president of QUALCOMM CDMA Technologies. ``The chipsets and system software family that has been developed by QUALCOMM CDMA Technologies combines third-generation (3G) 1x Multi-Carrier (1xMC) technology with HDR to provide infrastructure and handset manufacturers, as well as carriers, a complete end-to-end solution for the development of advanced HDR devices and services that will allow wireless Internet access anytime, anywhere -- at full speed.''

HDR offers a spectrally efficient advancement in the data rate over an existing 1.25 MHz channel and provides the lowest cost per bit of any existing technology for wireless high-speed data transmission. The iMSM4500 solution, which supports single-mode HDR, represents the first of several chipsets QUALCOMM CDMA Technologies (QCT) plans to offer that support HDR capabilities. Also incorporated in the iMSM4500 advanced design is dual-receive chain diversity that will enhance a device's HDR throughput. The benefits realized from trials using the iMSM4500 chipset will be incorporated in QUALCOMM's iMSM5500(TM) chipset, which will combine 3G 1x technology with HDR.

The iMSM5500 chipset and system software will provide up to twice the overall capacity of voice users over IS-95A and IS-95B, plus the 2.4 Mbps speed of HDR, fully realizing the convergence of the Internet and wireless technologies and services.

Also part of QCT's end-to-end HDR solution is the CSM5500(TM) Cell Site Modem (CSM(TM)) chipset. The CSM5500 solution, the industry's first HDR CSM standards-based chipset that supports 2.4 Mbps peak rate, represents an economical, power-efficient and highly compatible upgrade from existing Field-Programmable Gate Array (FPGA)-based HDR infrastructure solutions.

Samples of both the iMSM5500 and CSM5500 chipsets and system software are scheduled for mid-2001 with production quantities scheduled for the second half of 2001.

HDR provides a spectrally efficient 2.4 Mbps peak rate in a standard 1.25 MHz channel bandwidth for fixed, portable and mobile applications. Optimized for packet data services, HDR incorporates a flexible architecture based on standard Internet Protocols (IP). HDR is an evolution of CDMA technology with identical radio frequency characteristics as cdmaOne(TM) and 1xMC. HDR supports e-mail, web browsing, mobile e-commerce, telematics and many other applications while offering end users continuous, untethered, always-on access to the Internet and next-generation data services.

QUALCOMM CDMA Technologies (QCT) is the leading developer and supplier of CDMA chipsets, hardware and software solutions and tools with more than 100 million MSM chips shipped worldwide. QCT supplies chipsets to the world's leading CDMA handset and infrastructure manufacturers including: Acer Peripherals, Inc., ALPS ELECTRIC CO., LTD.; CASIO COMPUTER CO., LTD.; DENSO CORPORATION; FUJITSU LIMITED; Hitachi, Ltd.; Hyundai Electronics Industries Co., Ltd.; KYOCERA CORPORATION; LG Information and Communications, Ltd.; Samsung Electronics Ltd.; SANYO Electric Co., Ltd.; and Toshiba Corporation, among others.

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© email software for Windows© and Macintosh© computing platforms; satellite-based systems including portions of the Globalstar(TM) system and wireless fleet management systems, OmniTRACS© and OmniExpress(TM). 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 2000 FORTUNE 500© company traded on The Nasdaq Stock Market© 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: the risk that the transactions contemplated by the agreement may not close, the technical and marketing trials may not be successful, HDR technology may not become commercially deployed, 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 the 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 and Eudora are registered trademarks, and iMSM4500, iMSM5500, CSM5500, MSM, CSM and OmniExpress are trademarks of QUALCOMM Incorporated. cdmaOne is a trademark of the CDMA Development Group (CDG). 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.

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Contact:

QUALCOMM Incorporated
CDMA Technologies Public Relations
Anita Hix, 858/658-5879
Fax: 858/651-7385
ahix@qualcomm.com
or
Corporate Public Relations
Christine Trimble, 858/651-3628
Fax: 858/651-2590
ctrimble@qualcomm.com
or
Investor Relations
Julie Cunningham, 858/658-4224
Fax: 858/651-9303
jcunningham@qualcomm.com
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