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

To: GO*QCOM who wrote (6093)	2/2/2000 9:34:00 AM
From: JGoren	Read Replies (2) \| Respond to of 13582

Bloomberg report re Ericy-Qcom: Qualcomm, Ericsson to Work Together on Wireless Communications San Diego, Feb. 2 (Bloomberg) -- Qualcomm Inc. and Ericsson AB agreed to jointly develop and market wireless technology designed to set a worldwide standard for wireless communication with electronic devices ranging from mobile phones to computers. The companies will develop technology that supports both Qualcomm's Code Division Multiple Access cellular phone standard, which is widely used in the U.S., and Ericsson's Bluetooth technology that links electronic devices using short-range radio instead of cable wires. The technology would make it easier to perform a variety of functions, from making phone calls to sending e-mail to changing TV channels and taking photographs, using just one device. ''Together, we will drive to expand the number of applications possible by tightly integrating Bluetooth with CDMA technology,'' said Johan Lodenius, senior vice president of marketing and product management at Qualcomm. Qualcomm makes money by licensing CDMA technology to the makers of phones and phone equipment. Royalties from licenses amounted to 16 percent of revenue during the quarter ended in December, double the percentage of the December 1998 quarter. Bluetooth technology is under development and was founded by Ericsson along with International Business Machines Corp., Intel Corp., Nokia Oyj and Toshiba Corp. The agreement contrasts with previous friction between the two companies. Ericsson AB, the world's third-largest mobile phone maker, and rival Qualcomm Inc. agreed last March to end a two-year patent dispute and share each other's technology. Ericsson shares were up 6.8 percent to 707 kronor. Qualcomm shares closed up 7.14 percent to 136 1/16 yesterday in U.S. trading. Feb/02/2000 8:49

To: GO*QCOM who wrote (6093)	2/2/2000 9:40:00 AM
From: straight life	Respond to of 13582

QUALCOMM Forms eQ-COM - European Transportation Companies to Enjoy Single-Source Provider with Pan-European Communications - AMSTERDAM, Feb. 2 /PRNewswire/ -- QUALCOMM Wireless Business Solutions, a division of U.S.-based QUALCOMM Incorporated (Nasdaq: QCOM), today announced plans to provide wireless communications-based fleet management solutions to the European freight transport industry and other transportation-based industries through the newly created eQ-COM, a subsidiary of QUALCOMM. Debuting its products and services at the European Road Transport Show in Amsterdam, eQ-COM will launch commercial operations in four countries -- United Kingdom, Netherlands, Germany and Italy -- in Spring 2000. QUALCOMM is the world leader in wireless data communications products and services in the transportation industry with over 320,000 vehicles equipped throughout the world. In November 1999, QUALCOMM acquired certain assets of Simac Mobile Solutions bv, located in both the United Kingdom and Netherlands. The acquisition included Simac's workforce, certain intellectual properties, and fleet management hardware and software products designed for vehicle applications and mobile workers where real-time communication between the field and home base is required. By leveraging the recently acquired technology with QUALCOMM's proven success as a wireless data provider, eQ-COM will be the leading single source provider of fleet-management solutions with Pan-European communications coverage. eQ-COM will be solely focused on serving the European road freight transport industry and selected additional transportation-based industries. eQ-COM's fleet management solutions will help European transportation companies increase productivity and improve the efficiency of their entire organization. "QUALCOMM's leading expertise in fleet management solutions for the freight transportation industry enables eQ-COM the ability to provide the fleet management customer with the right solution at the right price," stated George Mansho, vice president and general manager of international operations for QUALCOMM Wireless Business Solutions. 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 business areas include integrated CDMA chipsets and system software; technology licensing; Eudora(R) e-mail software for Windows(R) and Macintosh(R) computing platforms; and satellite-based systems including OmniTRACS(R) and portions of the Globalstar(TM) system. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 1999 FORTUNE 500(R) company traded on the Nasdaq under the ticker symbol QCOM.