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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Clarksterh who wrote (7698)1/28/1998 4:50:00 PM
From: bananawind  Read Replies (1) | Respond to of 152472
 
All... Omnitracs info

This goes back a few days, but I hadn't seen it. Sorry if its a repost.

SAN DIEGO, Jan. 26 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM)
and Transcommunications Incorporated today announced that contracts signed to
date for QUALCOMM's CabCARD(R) Personal Communications system represent over
37,000 potential users. C.R. England & Sons, Youngblood Truck Lines Inc. and
FTI are among the most recent additions to a rapidly growing list of
OmniTRACS(R) users offering the benefits of CabCARD to their drivers. "The
broad acceptance of CabCARD by our customers and their drivers has surpassed
our initial estimates," said John Sarto, president of QUALCOMM's OmniTRACS
Division. "We are pleased that we and Transcomm are able to improve a
driver's work environment by bringing them a little closer to home."
Introduced to the transportation industry in October 1996, CabCARD
Personal Communications is a pre-paid service providing discounted long
distance phone rates, voice-mail capabilities, and driver e-mail. The only
service of this kind in the transportation industry, CabCARD allows Internet
e-mail to be sent and received directly from the cab of the truck using the
OmniTRACS mobile communications system. Another CabCARD feature is P/E-mail,
a pre-programmed, e-mail message that can be sent directly to the truck via a
touch-tone phone. With this feature, messages can be sent to a driver when a
computer or other e-mail device is not accessible.
With driver turnover a concern for the trucking industry, offering CabCARD
to their drivers provides companies a significant advantage over their
competitors in recruiting drivers. "Without a doubt this will help with the
recruitment and retention of experienced, qualified drivers," said Mike
Skousen, executive administrator of C.R. England. "In fact, driver demand was
a key factor in our decision to purchase CabCARD."
"We have had prospective drivers inquire as to whether or not we offered
CabCARD before they would consider applying for driving positions at our
company," said Bob Martin, director of operations of Youngblood Truck Lines.
"CabCARD's benefits help reduce feelings of isolation between our drivers and
their families."
Another benefit to the companies that offer CabCARD to their drivers is a
reduction in personnel costs. "Driver turnover is one of the costliest
factors affecting our operations," said Scott Frederick, vice president
management information systems of FTI. "By offering CabCARD, we improve
driver retention, and that has a direct impact on our bottom line."
CabCARD customers to date include Cargo Transporters, Indiana Western
Express, Midwest Specialized Transport, M.S. Carriers, Bo Wevil
Transportation, Reichmann Transport, Asche Transfer Inc., Ronnie Dowdy
Trucking Service, Landspan Inc., Jim Palmer Trucking, Comcar, US Xpress, KLLM
Inc., Celadon Trucking Services, Trism Specialized Carriers, Marten Transport,
and Covenant Transport.
Headquartered in Chattanooga, Tenn., Transcommunications Incorporated
develops and implements complex value-added telecommunications solutions,
software and controlled access services for the transportation, retail,
corporate travel, computer and software industries. Products include
intelligent telecommunications network services, value-added voice response
systems, software and prepaid and post-paid long distance services. In
addition to providing e-mail Internet-connectivity for QUALCOMM's OmniTRACS
mobile communications terminals, Transcommunications Incorporated is the
transportation industry leader in providing prepaid phonecards and other
network services, such as conference calling, automated recharge, and news,
weather and sports updates to drivers.
With over 224,000 OmniTRACS units sold worldwide, QUALCOMM is the leader
in providing mobile communications and information management systems to the
transportation industry. QUALCOMM currently has systems operating in the
United States, Canada, Europe, Brazil, Mexico, Japan, Korea and Malaysia.
Headquartered in San Diego, QUALCOMM develops, manufactures, markets,
licenses and operates advanced communications systems and products based on
its proprietary digital wireless technologies. The Company's primary product
areas are the OmniTRACS products and, in conjunction with others, the
development of the Globalstar(TM) low-earth-orbit (LEO) satellite
communications system. Other Company products include the Eudora Pro(R)
electronic mail software, ASIC products, and communications equipment and
systems for government and commercial customers worldwide. For more
information on QUALCOMM products and technologies, please visit the Company's
web site at qualcomm.com.
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, 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 28, 1997 and most recent Form
1O-Qs.