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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.46

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To: foundation who wrote (78539)	8/14/2000 3:55:36 AM
From: ColtonGang	Read Replies (1) of 152472

Qualcomm Enters into License Agreement With Handspring By Gretchen Hyman SAN DIEGO--Telecommunications heavyweight Qualcomm Inc. has agreed to license its digital wireless technology code division multiple access (CDMA) to Handspring, Inc., one of the leading forces in the handheld computer industry. Under the terms of the royalty-bearing agreement, Handspring will develop wireless solutions utilizing Qualcomm's CDMA air-interface technologies and patents. As the majority of companies that currently market handheld computing products are jumping onto the wireless bandwagon, Qualcomm's CDMA technology will provide Handspring with the ability to meet the growing demand for mobile access and develop and enhance its products for wireless communications and mobile computing. "Qualcomm is pleased to license its technology to Handspring," said Steve Altman, president of Qualcomm Technology Alliances. "Handspring's leadership in developing innovative wireless-ready handheld solutions further supports Qualcomm's vision of bringing innumerable applications to consumers and businesses through CDMA-enabled devices. We look forward to working with Handspring to help fuel the growth of CDMA worldwide." Qualcomm is a leader in developing and delivering innovative digital wireless communications products and services based on the company's CDMA digital technology. The company has licensed its essential CDMA patent portfolio to more than 80 telecommunications equipment manufacturers worldwide. Qualcomm's business areas currently include integrated CDMA chipsets and system software, technology licensing, Eudora email software for Windows and Macintosh, satellite-based systems, among others. August 14, 2000

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