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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (40071)	9/8/1999 10:27:00 AM
From: Calvin	Read Replies (1) \| Respond to of 152472

QUALCOMM CEO and Wife Make Major Gift to Technion-Israel Institute of Technology NEW YORK, Sept. 8 /PRNewswire/ -- Irwin Jacobs, chairman and CEO of QUALCOMM Incorporated, and his wife, Joan, have made a major commitment to the communications center at the Technion-Israel Institute of Technology. The Irwin and Joan Jacobs Center for Communication and Information Technologies (CCIT) -- a project of the New York Metropolitan Region -- will significantly expand the interdisciplinary center's contributions to the rapid growth of communication technology worldwide. In announcing the commitment, Dr. Jacobs, a member of the American Technion Society Board of Regents and San Diego Chapter, said, "The world is in the midst of an explosive expansion in the use of information technology. Joan and I wish to ensure that Israel continues its leading contributions through its premier center for research and education. "We expect the Center to play an important role in improving quality of life worldwide by accelerating the revolution of information technology use," he added. "We are pleased to be associated with CCIT to further its current level of success through hard work, dedication and a broad vision for the future." The CCIT conducts research in a variety of technologies including laser, digital, wireless and fiber optics communication. The Jacobs' commitment will allow the center to further its plans for physical expansion, complete its staffing with some 40 faculty members including leading scientists from around the world, and expand into new areas of research. In addition, the center will grow its active Industrial Liaison Group which includes such companies as QUALCOMM, Motorola, ECI and Samsung. Dr. Jacobs was instrumental in establishing a QUALCOMM research center in Israel near Haifa in 1994 to take advantage of Technion talent. QUALCOMM engineers pioneered the commercial use of Code Division Multiple Access (CDMA) technology for wireless digital voice and data, and increased Internet communications. The contributions in Israel have included support for Globalstar, which QUALCOMM co-founded with Loral, to enable anytime/anywhere communication via a network of low earth orbiting (LEO) satellites. As a founder of San Diego-based QUALCOMM, Dr. Jacobs has led the company to its current prominence as a global leader in developing and delivering innovative digital wireless communications products and services based on QUALCOMM's CDMA digital technology. QUALCOMM is a 1999 Fortune 500 company with more than 9,500 employees worldwide. Dr. Jacobs is the recipient of numerous honors and awards including: the National Medal of Technology, bestowed by the President of the United States; the Medal of Achievement from the American Electronics Association; Cornell University Entrepreneur of the Year; and the 1999 Computerworld Smithsonian Leadership Award for Global Integration. Dr. and Mrs. Jacobs have a long standing commitment to the Technion. Dr. Jacobs received the Albert Einstein Award, the American Technion Society's highest honor, in 1996. The Technion-Israel Institute of Technology in Haifa is the country's premier scientific and technological center for applied research and education. It commands a worldwide reputation for its pioneering work in communications, electronics, computer science, biotechnology, water-resource management, materials engineering, aerospace and medicine, among others. The majority of Israel's engineers are Technion graduates, as are most of the founders and managers of its high-tech industries. The American Technion Society (ATS) supports the Technion. Based in New York City, it is the leading American organization supporting higher education in Israel. The ATS has raised $726 million since its inception in 1940, half of that during the last eight years. Technion societies are located in 24 countries around the world.

To: Boplicity who wrote (40071)	9/8/1999 10:47:00 AM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 152472

Greg, I understand its a fibre deal but how does GBLX light the fibre? Is their system TDMA or CDMA? The best system would be CDMA. GBLX has a tie in with GSTRF (Satelite phone sys.)and GSTRF is using Q* CDMA equipment. These three companies fit together with Q* providing stations and CDMA technology, GBLX is the last mile provider according to the plan if they ever get the pioneer deal together. GSTRF is the satelite phone provider that will provide the no service 80 percent of the US with roaming service. GSTRF is CDMA and Q* will benefit from the relationship. Bell Atlantic, Sprint PCS both CDMA should shake out as the roaming partners. ATT phones won't work until they get the message and upgrade to CDMA. Imagine how many customers will switch to CDMA systems when GSTRF is up and running. The phone cost is estimated at $400 but its service everywhere. Does it really matter that the minute charge is expected to be $1.50? Lots of people need to be in touch and the roaming system means no separate phone. cdaiseyPhD@thinking.com