Qcom Enters into CDMA Subscriber License Agreement with Rimm
License to Enable New Wireless Technologies
--> between this and earnings should make for nice opportunity to add to that short.
SAN DIEGO, CALIFORNIA--(CCN Disclosure, December 20, 2000)--QUALCOMM
Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple
Access (CDMA) digital wireless technology, and Research In Motion Limited (RIM)
(Nasdaq: RIMM)(TSE: RIM), ations market, today announced that the companies have
entered into a CDMA subscriber unit license agreement. Under the terms of the
agreement, RIM was granted a multi-million dollar, royalty-bearing license under
QUALCOMM's CDMA technology and patents to develop, manufacture and sell
subscriber products for CDMA and 1xEV wireless applications in North America.
"We are pleased to license our technology to RIM for thedevelopment of CDMA and
1xEV subscriber devices that will support newand innovative mobile data and
voice services," said Marvin Blecker,senior vice president of technology
transfer for QUALCOMM. "LicensingQUALCOMM's CDMA technologies will enable RIM to
expand its customerbase to include the growing number of wireless users on CDMA
cellularand PCS networks."
"We are pleased to see RIM's `Always On, Always Connected'packet-data technology
converging with CDMA technology and we lookforward to enabling new functionality
for users of CDMA networks,"said David Werezak, vice president of marketing at
Research In Motion."RIM has a longstanding history of developing breakthrough
packet-datasolutions and we are committed to extending our leadership
innext-generation wireless technologies."
Research In Motion Limited is a leading designer, manufacturer andmarketer of
innovative wireless solutions for the mobilecommunications market. Through
development and integration ofhardware, software and services, RIM provides
solutions for seamlessaccess to time-sensitive information including email,
messaging, Internet and intranet-based applications. RIM technology also
enablesa broad array of third party developers and manufacturers around theworld
to enhance their products and services with wirelessconnectivity. RIM's
portfolio of award-winning products includes theRIM Wireless Handheld(TM)
product line, the BlackBerry(TM) wirelessemail solution, wireless personal
computer card adapters, embeddedradio-modems and software development tools.
Founded in 1984 and basedin Waterloo, Ontario, RIM operates offices in Canada,
the UnitedStates and England. RIM is listed on the Nasdaq Stock Market
(Nasdaq:RIMM) and the Toronto Stock Exchange (TSE: RIM). For more
information,visit www.rim.net. Investors may contact
investor_relations@rim.net.Customers may contact info@rim.net.
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developingand delivering
innovative digital wireless communications products andservices based on the
Company's CDMA digital technology. The Company'sbusiness areas include
integrated CDMA chipsets and system software;technology licensing; Eudora(R)
email software for Windows(R) andMacintosh(R) computing platforms; digital
cinema systems; andsatellite-based systems including portions of the
Globalstar(TM)system and wireless fleet management systems, OmniTRACS(R)
andOmniExpress(TM). QUALCOMM owns patents that are essential to all ofthe CDMA
wireless telecommunications standards that have been adoptedor proposed for
adoption by standards-setting bodies worldwide.QUALCOMM has licensed its
essential CDMA patent portfolio to more than90 telecommunications equipment
manufacturers worldwide. Headquarteredin San Diego, Calif., QUALCOMM is included
in the S&P 500 Index and isa 2000 FORTUNE 500(R) company traded on The Nasdaq
Stock Market(R)under the ticker symbol QCOM.
Forward-looking statements in this news release are made pursuantto the "safe
harbor" provisions of the United States PrivateSecurities Litigation Reform Act
of 1995. Investors are cautioned thatsuch forward-looking statements involve
risks and uncertainties,including, without limitation, risks relating to
possible productdefects and product liability, risks related to international
salesand potential foreign currency exchange fluctuations, risks related tothe
year 2000 issue, continued acceptance of RIM's products, increasedlevels of
competition, technological changes, dependence onintellectual property rights
and other risks detailed from time totime in RIM's periodic reports filed with
the United States Securitiesand Exchange Commission and other regulatory
authorities.
Except for the historical information contained herein, this newsrelease
contains forward-looking statements that are subject to risksand uncertainties,
including the Company's ability to successfullydesign and have manufactured
significant quantities of CDMA componentson a timely and profitable basis, the
extent and speed to which CDMAis deployed, change in economic conditions of the
various markets theCompany serves, as well as the other risks detailed from time
to timein the Company's SEC reports, including the report on Form 10-K forthe
year ended September 24, 2000, and most recent Form 10-Q.
QUALCOMM, OmniTRACS and Eudora are registered trademarks andOmniExpress is a
trademark of QUALCOMM Incorporated. Globalstar is atrademark of Loral QUALCOMM
Satellite Services, Incorporated. Windowsis a registered trademark of Microsoft
Corp. Macintosh is a registeredtrademark of Apple Computer Inc. Research In
Motion, RIM, RIM WirelessHandheld, BlackBerry and "Always On, Always Connected"
are trademarksof Research In Motion Limited. Research In Motion, RIM and "Always
On,Always Connected" are registered with the U.S. Patent and TrademarkOffice and
may be pending or registered in other countries. All othertrademarks are the
property of their respective owners.
NASDAQ SYMBOL: QCOM |
