To: Ausdauer who wrote (11124 ) 5/17/2000 6:10:00 PM From: scott Read Replies (1) | Respond to of 60323
Aus and thread; Questions re: QCOM and PhotoJet possible discontinuous innovation. The following article and possible implications may be worth pondering. Can wireless transmission and Netcentric personal storage be a possible dampener on projected growth of the personal mobile storage market? Just wondering if anyone cares to contemplate at this point. biz.yahoo.com Tuesday May 16, 7:31 am Eastern Time Company Press Release QUALCOMM Signs CDMA License Agreement with PhotoJet Agreement Expands CDMA Photographic Applications SAN DIEGO--(BUSINESS WIRE)--May 16, 2000--QUALCOMM Incorporated (Nasdaq: QCOM - news), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, and PhotoJet LLC, a San Diego-based developer of wireless imaging technologies, today announced that they have entered into a worldwide CDMA license agreement for wireless digital cameras. Under the terms of the agreement, QUALCOMM has granted PhotoJet a multi-million dollar, royalty-bearing license to develop, manufacture and sell wireless cameras for CDMA and High Data Rate (HDR) wireless applications, including cellular, Personal Communications Services (PCS) and wireless local loop, using QUALCOMM's proprietary CDMA technology and patents. ``The consumer need for untethered mobile communications combined with the capacity and quality benefits that CDMA technology provides will result in the introduction of many different types of commercial devices designed to communicate wirelessly,'' said Steve Altman, president of QUALCOMM Technology Alliances. ``QUALCOMM is pleased to enter into this license agreement with PhotoJet for the design, manufacture and sale of CDMA wireless cameras, which we believe represents an exciting market opportunity for the wireless industry. Innovative products, such as PhotoJet's offering, that provide new applications for the capture and transmission of images will help accelerate the convergence of wireless and Internet services.'' ``PhotoJet has chosen QUALCOMM's CDMA technology to support our goal of deploying wireless cameras worldwide and providing wireless image access to consumers and businesses through the Internet,'' said Richard A. Murray, President and CEO of PhotoJet. ``We look forward to working closely with QUALCOMM to establish new standards of excellence and leadership in CDMA wireless camera data connectivity.'' PhotoJet LLC was founded in 1996 by former Encad co-founders George Kirk Branner and Richard A. Murray. Combining years of imaging and technology expertise with the emerging wireless web, PhotoJet is revolutionizing the way the world takes pictures. By merging digital imaging with wireless technologies and the worldwide web, PhotoJet creates products, technologies and services that are changing photography forever. For more information about PhotoJet, please visit the Company's Web site at www.photojet.com or call 858/695-3006.