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

To: Uncle Frank who wrote (41375)	9/16/1999 9:45:00 AM
From: Ruffian	Respond to of 152472

OmniTRACS Huge Contract> Thursday September 16, 7:31 am Eastern Time Company Press Release SOURCE: QUALCOMM Incorporated QUALCOMM's OmniTRACS Mobile Information Management System Selected by CRST - CRST to Install Over 1,150 OmniTRACS Units Before the End of the Year - SAN DIEGO, Sept. 16 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news), the worldwide leader in integrated wireless data solutions, today announced that Iowa-based CRST has replaced its multi-mode, satellite and land-based communication system with QUALCOMM's OmniTRACS® satellite-based mobile information management system. CRST has signed an agreement to install more than 1,150 units before the end of the year. During the last year, QUALCOMM signed more than 200 new fleet contracts. ''We have seen superior product quality and service from QUALCOMM's OmniTRACS system,'' stated David Rusch, president and chief operating officer of CRST. ''We feel that QUALCOMM's continued success and leadership in fleet management products makes them the clear choice for all of our mobile communication solutions.'' ''For over 10 years, QUALCOMM has delivered high quality products, services and solutions to our customers,'' stated George Dunn, vice president of domestic sales for QUALCOMM Wireless Business Solutions. ''With over 1,000 fleets equipped with OmniTRACS units, we will continue to offer this level of quality and service as we move forward into the future.'' QUALCOMM's OmniTRACS system is a satellite-based mobile communications and tracking service that provides real-time messaging and position reporting between fleets and their operations centers. Messages are sent via satellite through QUALCOMM's Network Management Center to dispatch centers throughout the continental United States. The OmniTRACS system is an interactive, fully integrated information management solution that includes two-way mobile communications, satellite tracking and fleet management software. The OmniTRACS system operates 24 hours a day, seven days a week. With nearly 300,000 OmniTRACS units sold worldwide, QUALCOMM Wireless Business Solutions is a global leader of integrated wireless data solutions. QUALCOMM's Network Management System is one of the world's largest data networks, processing over 5 million data transactions a day. QUALCOMM currently has systems operating in the United States, Canada, Mexico, Europe, Russia, the Middle East, Argentina, Brazil, Japan, Korea and Malaysia. 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 major business areas include CDMA phones; integrated CDMA chipsets and system software; technology licensing; and satellite-based systems including OmniTRACS and portions of the Globalstar(TM) system. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P Index and is a 1999 FORTUNE 500® company traded on the Nasdaq 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 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 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 27, 1998, and most recent Form 10-Q. QUALCOMM and OmniTRACS are registered trademarks and OmniTRACS is a service mark of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. All other trademarks are the property of their respective owners.