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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999 -- Ignore unavailable to you. Want to Upgrade?

To: GO*QCOM who wrote (144)	3/20/2000 9:51:00 AM
From: GO*QCOM	Respond to of 343

QUALCOMM Promotes Chris Wolfe to Senior Vice President and General Manager Of QUALCOMM Wireless Business Solutions SAN DIEGO, March 20 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news), the leader in mobile communications for the transportation industry, today announced the promotion of Chris Wolfe to senior vice president and general manager of QUALCOMM Wireless Business Solutions (QWBS). Wolfe will be responsible for the division's worldwide business activities, which include operations, customer service, sales and strategic planning. ``Chris Wolfe's proven leadership and extensive industry experience has been a driving force behind QUALCOMM Wireless Business Solutions' record success,' said Rich Sulpizio, president and COO of QUALCOMM. ``His unique understanding of the transportation business and his ability to build markets for our new products will undoubtedly strengthen QWBS as a leading provider of advanced mobile wireless data systems.' Wolfe will replace the division's current president, Phil White, who recently announced his plans to leave QUALCOMM to pursue personal philanthropic interests. Both executives plan to work closely to ensure a smooth and effective transition of leadership for QWBS employees, customers and business partners. Wolfe joined QUALCOMM in 1993, and most recently served as vice president and general manager, domestic business for QWBS. In that role, he managed all QWBS domestic business activities, renewing long-term contracts with major customers and spearheading the division's efforts to build U.S. markets for its new products, including untethered TrailerTRACS©, MVPc(TM) and OmniExpress(TM). Prior to that, Wolfe held positions in product support, product development and marketing with QWBS. Before joining QUALCOMM, Wolfe held senior management positions with Roadway Services and Leaseway Transportation, where he led efforts to create the world's first shipment tracking system and advanced transportation management systems. Wolfe holds degrees in education, business and data processing from the University of Akron, Ohio. QUALCOMM has helped the transportation industry become more efficient since 1988 when the OmniTRACS 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 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 more than five million transactions each day and 325,000 mobile 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© email software for Windows© and Macintosh© computing platforms; and satellite-based systems including OmniTRACS© and portions of the Globalstar(TM) system. QUALCOMM owns patents which are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. QUALCOMM has licensed its essential CDMA patent portfolio to more than 75 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 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 26, 1999, and most recent Form 10-Q. QUALCOMM, OmniTRACS, TrailerTRACS and Eudora are registered trademarks of QUALCOMM Incorporated. MVPc and OmniExpress are 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

To: GO*QCOM who wrote (144)	3/20/2000 9:53:00 AM
From: GO*QCOM	Respond to of 343

Qiao Xing Universal Telephone Inc. Says Prime Minister's Remarks Encouraging for CDMA Development and Approval Process Jump to first matched term HUIZHOU, China--(BUSINESS WIRE)--March 20, 2000--Qiao Xing Universal Telephone Inc. (Nasdaq:XING) today announced that it is applying for further approvals to manufacture and sell code division multiple access (CDMA) cellular telephones and estimates the approval process may be less time-consuming, based upon recent comments from China's prime minister. In a news conference held in Beijing on March 16, 2000, Chinese Prime Minister Zhu Rongji's remarks apparently indicate that China is planning to adopt as its standard the CDMA technology currently prevalent in the U.S. Comments also addressed the delay in the introduction of CDMA technology in China, but indicated a possible resolution in the near future. Further remarks reiterated Chinese government support of private company participation in the overall development of China's telecommunications industry. Qiao Xing's chairman, Riu Lin Wu, said: "The Prime Minister's comments are encouraging from the Company's standpoint. We are pleased the Chinese government supports the development of new technology and the participation of private industry. This level of support increases the hope that our applications to manufacture and sell CDMA cellular telephones in China would not be long in the approval process." In August 1995, Qiao Xing became the first telephone manufacturer in China to receive the ISO 9001 Quality System Accreditation award. The Company currently produces 165 models of corded telephones and 25 cordless models. Its sales network is extensive throughout China and includes 1,350 retail store locations. In 1997 and 1998, Qiao Xing Universal Telephone ranked No. 2 in telephone sales in China. This news release contains "forward-looking statements" regarding future business opportunities and activities. Such forward-looking information involves important risks and uncertainties that could significantly affect future results. These risks and uncertainties include, but are not limited to, those relating to economic, political, legal and social conditions in the People's Republic of China, World Trade Organization admission issues, dependence upon key management personnel, competition, material factors relating to the operations of the business, and domestic and global general economic conditions. CONTACT: Qiao Xing Universal Telephone Inc., Huizhou, Guangdong Jeff J.F. Feng, 011 86-752-2808-188 Fax: 011 86-752-2803-101 qiaoxing.com E-mail: qxxiao@pub.huizhou.gd.cn or Silverman Heller Associates, Los Angeles

To: GO*QCOM who wrote (144)	3/20/2000 9:55:00 AM
From: GO*QCOM	Read Replies (1) \| Respond to of 343

San Francisco--Mar 17--PaineWebber analyst Walter Piecyk issued comments on Qualcomm Friday after the South Korean Ministry of Information and Communication reported CDMA subscriber growth figures. Piecyk has a buy rating on Qualcomm shares and a $250 price target: "The South Korean Ministry of Information and Communication reported strong (CDMA) subscriber growth in South Korea over the first two months of 2000, reflecting accelerating growth in an important royalty and ASIC market for Qualcomm. " "1.18 million subscribers were added in February alone, resulting in a total South Korean subscriber base which has already topped our March 31-ending estimate before March had begun. " "An expected slowdown in the South Korean market may have contributed to recent concerns on Qualcomm, in addition to model revisions by analysts who had initially not properly accounted for the sale of its handset business." * * * End Bridge News, tel: (415) 835-7692 Send comments to Internet address equity@bridge