To: Sully- who wrote (116315 ) 4/4/2002 4:20:35 PM From: Sully- Respond to of 152472 Press Release SOURCE: QUALCOMM Incorporated QUALCOMM Issues Statement Regarding CDMA2000 1X Chipsets SAN DIEGO--(BUSINESS WIRE)--April 4, 2002--QUALCOMM Incorporated (Nasdaq: QCOM - news) today issued the following statement related to early shipments of its CDMA2000 1X Mobile Station Modem (MSM(TM)) MSM5100(TM) and MSM5105(TM) chipsets and system software. QUALCOMM detected an error which could occur in a small portion of the early shipments of its CDMA2000 1X MSM5100 and MSM5105 chipsets that could result in certain performance issues of wireless devices using those chipsets. The error was immediately detected and corrected, customers were notified and QUALCOMM is now shipping large production volumes of the MSM5100 and MSM5105 to customers worldwide. 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. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and traded on The Nasdaq Stock Market® 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 the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, 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 30, 2001, and most recent Form 10-Q. QUALCOMM is a registered trademark of QUALCOMM Incorporated. MSM, MSM5100 and MSM5105 are trademarks of QUALCOMM Incorporated. All other trademarks are the property of their respective owners. -------------------------------------------------------------------------------- Contact: QUALCOMM Incorporated Christine Trimble, Corporate Public Relations 858/651-3628, Fax 858/651-2590 ctrimble@qualcomm.com or Julie Cunningham, Investor Relations 858/658-4224, Fax 858/651-9303 jcunningham@qualcomm.combiz.yahoo.com