Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JohnG who wrote (47462)	11/3/1999 8:02:00 AM
From: Jack Jackson	Read Replies (1) \| Respond to of 152472

QUALCOMM Signs with Sprint to Offer the First CDMA Data Application for a Vertical Market - OmniExpress Introduced to the Transportation Market - November 3, 1999 07:31 AM Eastern Time SANTA CLARA, Wireless IT '99, Booth # 315, Calif., Nov. 3 /PRNewswire/ -- QUALCOMM Incorporated QCOM , worldwide leader in integrated wireless data solutions and Sprint's Wireless Division PCS the nation's largest 100 percent digital, 100 percent PCS nationwide wireless network, today announced an integrated communications solution agreement that will allow QUALCOMM to use the Sprint PCS nationwide network to provide wireless data service for QUALCOMM's new OmniExpress(TM) fleet management product. OmniExpress is a mobile communications and tracking system that provides real-time messaging and position reporting between fleets and their operations centers. "We plan to leverage our knowledge of the transportation industry combined with Sprint PCS' superior CDMA voice and data services," said Dave Brandos, vice president of marketing for QUALCOMM Wireless Business Solutions. "As the pioneers of CDMA technology, and as a leader in integrated wireless data solutions, QUALCOMM understands the exceptional quality and superior advantages that a CDMA network will provide." "Sprint PCS is excited to join QUALCOMM in offering OmniExpress customers a fully integrated voice and data communications solution," said Bernie Bianchino, chief business development officer, Sprint PCS. "This agreement is another great example of the many capabilities of our 100 percent digital, 100 percent PCS nationwide CDMA network." For Sprint PCS, the agreement represents a new distribution opportunity that complements the company's business to business and national sales channels. Targeted at metropolitan-based fleets, OmniExpress will offer a low-cost wireless mobile communication solution by transmitting data over the Sprint PCS digital network, which currently serves the nation's major metropolitan areas including more than 4,000 cities and communities across the country. Similar to the successful OmniTRACS(R) satellite-based mobile communication system, this product will help transportation companies increase productivity and managerial control in a cost-effective manner. In addition, Sprint PCS will offer optional access to its nationwide wireless voice service to OmniExpress customers who want a fully integrated voice and data solution. With over a decade of expertise in providing fleet management products and services to the transportation industry, QUALCOMM has sold more than 300,000 OmniTRACS units worldwide. QUALCOMM's OmniTRACS system is a satellite-based mobile communications and tracking system that provides real-time messaging and position reporting between fleets and their operations centers. With over 5 million data transactions daily, QUALCOMM's Network Management Center is the worldwide leader in processing wireless data messages. Sprint PCS operates the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint PCS has licensed PCS coverage of nearly 270 million people in all 50 states, Puerto Rico and the U.S. Virgin Islands. For more information, visit the Sprint PCS web site at sprintpcs.com. Sprint PCS is a wholly-owned tracking group of Sprint Corporation trading on the NYSE under the symbol "PCS." Sprint is a global communications company at the forefront in integrating long distance, local and wireless communications services and one of the world's largest carriers of Internet traffic. Sprint built and operates the United States' only nationwide all-digital, fiber optic network and is a leader in advanced data communications services. Sprint has $17 billion in annual revenues and serves more than 20 million business and residential customers. 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 500 Index and is a FORTUNE 500(R) 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 26, 1999, and most recent Form 10-Q. QUALCOMM and OmniTRACS are registered trademarks and OmniExpress is a trademark of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. All other marks are property of their respective owners. SOURCE QUALCOMM Incorporated Terms of Use. © 1996-1999 Microsoft Corporation and/or its suppliers. All rights reserved.