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

To: Ruffian who wrote (6594)	2/17/2000 2:00:00 PM
From: Jeff Vayda	Respond to of 13582

QUALCOMM'S OMNITRACS MOBILE INFORMATION MANAGEMENT SYSTEM REPLACES BURLINGTON MOTOR CARRIERS' CURRENT MOBILE COMMUNICATIONS SYSTEM THURSDAY, FEBRUARY 17, 2000 7:31 AM - PRNewswire (did I miss this earlier? Jeff Vayda) SAN DIEGO, Feb 17, 2000 /PRNewswire via COMTEX/ -- QUALCOMM Incorporated (Nasdaq:QCOM), leader in providing wireless data solutions, today announced that Daleville, Ind.-based Burlington Motor Carriers has elected to replace its currently installed mobile communications system units with QUALCOMM's OmniTRACS(R) mobile information management system units. Under the terms of the contract with QUALCOMM, Burlington will purchase 2,500 OmniTRACS units over the term of the contract. A leading truckload carrier that services the continental United States, Canada and Mexico, Burlington specializes in longhaul, regional and dedicated operations, as well as single source, third-party logistics, drop lots and private fleet management. "We made the switch to QUALCOMM's OmniTRACS system because of its outstanding and dependable service," stated Ralph Arthur, president for Burlington Motor Carriers. "Mobile communications has changed the way the transportation industry does business by providing cost-effective solutions that improve efficiency and productivity," stated George Dunn, vice president of domestic sales for QUALCOMM Wireless Business Solutions. "Devoted to our customers for more than 12 years, we strive to offer the best service possible as the leader in mobile communications systems." QUALCOMM has helped the transportation industry become more efficient since 1988 when the OmniTRACS mobile communications system began to provide transportation companies with an innovative and effective way of managing logistics. These fleet management solutions continue to set the standard by offering innovative products and services that meet the demands of a constantly changing marketplace. With the introduction of OmniExpress, a Code Division Multiple Access (CDMA)-based digital wireless PCS communications and tracking system, along with trailer tracking and other innovative technologies, QUALCOMM continues to expand into various markets including regional and metropolitan-based fleets. With a Network Management Center that processes nearly five million transactions each day and 320,000 mobile communication systems used by businesses in more than 36 countries on four continents, QUALCOMM continues to lead the industry in providing wireless data 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) email software for Windows(R) and Macintosh(R) computing platforms; 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 1999 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, OmniTRACS and Eudora are registered trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. Windows is a registered trademark of Microsoft Corp. Macintosh is a registered trademark of Apple Computer Inc. All other trademarks are the property of their respective owners. SOURCE QUALCOMM Incorporated (C) 2000 PR Newswire. All rights reserved. prnewswire.com