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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Jim Mullens who wrote (50873)3/9/2006 7:52:46 AM
From: 100cfm  Read Replies (1) | Respond to of 197017
 
QUALCOMM and 4G Systems Sign WCDMA Modem Card and Router License Agreement
Thursday March 9, 7:30 am ET

SAN DIEGO, March 9 /PRNewswire-FirstCall/ -- QUALCOMM Incorporated (Nasdaq: QCOM - News), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, and 4G Systems GmbH ("4G Systems"), headquartered in Hamburg, Germany, today announced that the companies have signed a commercial WCDMA and TD-SCDMA modem card and router license agreement. Under the terms of the worldwide, royalty-bearing agreement, QUALCOMM has granted 4G Systems a patent license to develop, manufacture and sell WCDMA and TD-SCDMA modem card and router products (including HSDPA products). The royalties payable by 4G Systems are at QUALCOMM's standard rates and are the same irrespective of the CDMA standard implemented by the modem card or router products.
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"QUALCOMM is pleased to license 4G Systems for the development, manufacture and sale of WCDMA and TD-SCDMA modem cards and routers," said Marvin Blecker, president of QUALCOMM Technology Licensing. "4G Systems products allow for wireless connectivity in the office, at home or on the go. This license agreement will now allow 4G Systems to expand their wireless offering to include HSDPA solutions, providing high-speed mobile service to European consumers."

"4G Systems looks forward to being able to supply high-quality WCDMA/UMTS routers and wireless PC cards that will provide business professionals with speeds comparable to broadband DSL," said Alexander P. Sator, managing director of 4G Systems. "With this license agreement from QUALCOMM, the leader of CDMA technologies, our WCDMA/UMTS products will now take advantage of the broadband capacity of operators' WCDMA/UMTS networks to bring subscribers high-speed mobile wireless access."

4G Systems is a supplier and developer of HSDPA applications for high- speed wireless data transfer over UMTS networks. The company was founded in Hamburg, Germany in 2002 and supplies HSDPA cards in Europe. 4G Systems develops hardware and software for a wide range of wireless data transfer standards such as WLAN, GPRS, EDGE, UMTS and HSDPA. 4G Systems can provide a complete portfolio of products.