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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (1788)	9/22/1999 10:41:00 AM
From: 2brasil	Respond to of 13582

CI Wireless Obtains CDMA Licensing Agreement From Qcom Agreement Underscores CI Wireless' Commitment to Providing State-of-the-Art Wireless Distribution Solutions NEW ORLEANS--(BUSINESS WIRE)--Sept. 22, 1999--Resulting from its recent acquisition of Ortel Corp.'s U.S. wireless operations, CI Wireless Wednesday announced that the company has signed a royalty-bearing licensing agreement with QUALCOMM to manufacture and sell Code Division Multiple Access (CDMA) wireless distribution products. The agreement further reinforces CI Wireless' commitment as a leading supplier of state-of-the-art wireless distribution products and provides QUALCOMM with a quality licensee. ''We are looking forward to working with CI Wireless and developing a partnership that will benefit global operators by providing them with well-rounded wireless distribution solutions,'' said Steve Altman, executive vice president and general manager of QUALCOMM's Technology Transfer Division. ''CDMA operators have experienced the benefits of using wireless distribution products as strategic network elements to serve difficult coverage areas and expand roll-out.'' ''CI Wireless' strategic licensing agreement with QUALCOMM further demonstrates the company's commitment to providing global network operators with the most cost-effective, high-quality wireless distribution products,'' said Dave McKay, president of CI Wireless. ''Building on the inherent benefits of CDMA technology, CI Wireless' CDMA products are a proven, cost-effective technology for enhancing coverage and expanding cell site footprints in networks.'' 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. With headquarters in San Diego, QUALCOMM is included in the S&P Index and is a 1999 FORTUNE 500® company traded on the Nasdaq under the ticker symbol QCOM. With headquarters in Grapevine, Texas, CI Wireless designs and manufactures products to enhance the performance of wireless communications systems. The company's mission is to provide high quality, cost-effective products that meet the need for RF signal distribution in buildings and outdoors where coverage or additional capacity is a system requirement. CI Wireless also provides the essential service and design support required to meet the fast pace growth conditions in today's global wireless environment. The company's wireless distribution products can be used in any wireless communications system, including AMPS, CDMA, TDMA, GSM, Paging, SMR/ESMR, LMDS, MMDS and conventional two-way radio systems. For more information on CI Wireless, call Valerie Christopherson at 714/540-1030, e-mail vchristopherson@bockpr.com, or visit the company's Web site at www.ciwireless.com. QUALCOMM and OmniTRACS are registered trademarks of QUALCOMM Inc. Globalstar is a trademark of Loral QUALCOMM Satellite Services Inc. Contact: Bock Communications Inc. Ricca Silverio or Valerie Christopherson 714/540-1030 Fax: 714/540-1060 rsilverio@bockpr.com More Quotes and News: Qualcomm Inc (Nasdaq:QCOM - news) Related News Categories: computers, internet, telecom