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


To: Sawtooth who wrote (13642)8/13/1998 9:09:00 AM
From: straight life  Respond to of 152472
 
U.S. Wireless Corporation and QUALCOMM Enter CDMA License Agreement

SAN RAMON, Calif.--(BUSINESS WIRE)--Aug. 13, 1998--U.S. Wireless Corporation (NASDAQ:USWC - news) announced today that it has signed a licensing agreement with QUALCOMM Incorporated (NASDAQ:QCOM - news), enabling U.S. Wireless to develop a Code Division Multiple Access (CDMA) version for the company's RadioCamera(TM) wireless caller-location system.

Under the agreement, QUALCOMM will provide the CDMA technology, technical assistance, and access to components and equipment. The agreement also provides for a cross-license of each party's technology, subject to terms and conditions to be negotiated by the parties, whereby U.S. Wireless would obtain a commercial license for wireless location systems and QUALCOMM a commercial license for integration within its CDMA infrastructure products.

Utilizing Location Fingerprinting technology, the RadioCamera provides wireless caller location data that supports E-911 and other enhanced mobile services. The AMPS version of the RadioCamera is currently in beta trials with wireless carriers in Baltimore, Md.; Billings, Mont.; and Oakland, Calif.

Based on the licensing agreement and the support provided by QUALCOMM, U.S. Wireless plans to design and test a modified version of the RadioCamera to provide geolocation data for the IS-95 CDMA standard, to be ready for outdoor field trials by year end. The CDMA system developed by QUALCOMM is used by a vast number of cellular and PCS carriers in the United States, and is one of the fastest growing cellular standards being deployed today.

Dr. Oliver Hilsenrath, president and CEO of U.S. Wireless, stated, ''The agreement with QUALCOMM represents a significant step for our company. We intend to lead the industry in the integration of caller-location capability within cellular networks, thereby enabling E-911 and other value-added services. U.S. Wireless is positioning itself to be first in providing an all-inclusive system, offering wireless caller-location data for all cellular standards in this emerging marketplace.''

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(R) system (a geostationery satellite-based, mobile communications system providing two-way data and position reporting services), CDMA wireless communications systems and products and, in conjunction with others, the development of the Globalstar(TM) low-earth orbit (LEO) satellite communications system. Other company products include Eudora(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.

Founded in 1996, U.S. Wireless is a developer and manufacturer of wireless infrastructure for Enhanced 911 and other applications. RadioCamera technology is designed to interface with wireless telecommunications carriers' existing base stations, adding functionality and services by providing the location of cellular callers.

Special Note Regarding Forward-Looking Statements: A number of statements contained in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. A description of these risks and uncertainties can be found in the U.S. Wireless Corporation filings with the Securities and Exchange Commission.

Note to Editors: QUALCOMM, OmniTRACS and Eudora Pro are registered trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services. All other company and product names are trademarks of their respective holders.
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To: Sawtooth who wrote (13642)8/13/1998 9:11:00 AM
From: straight life  Read Replies (1) | Respond to of 152472
 
QUALCOMM Enters Into CDMA Subscriber License Agreement With Taiwan-Based Acer Peripherals

SAN DIEGO, Aug. 13 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced that it has entered into a worldwide Code Division Multiple Access (CDMA) subscriber unit license agreement with Acer Peripherals, Inc. (API) headquartered in Taiwan, Republic of China. Acer Peripherals is the first Taiwan-based company to receive a CDMA license from QUALCOMM. Under the terms of the multi-million dollar, royalty-bearing agreement, QUALCOMM has granted API a license to develop, manufacture and sell subscriber unit products for cdmaOne(TM) wireless applications, including cellular, Personal Communications Services (PCS) and wireless local loop, using QUALCOMM's proprietary CDMA technology and patents.

''Acer Peripherals is a leading manufacturer of computer peripherals, and communications and consumer electronic products with a worldwide network of manufacturing, sales and marketing operations,'' said Jerry Skiver, senior program manager in QUALCOMM's Technology Transfer and Strategic Alliance Division. ''They have gained international recognition with their participation in the wireless industry. As a result of API's extensive experience with other wireless technologies, we expect Acer Peripherals to make significant contributions in the rapidly expanding cdmaOne marketplace.''

''We decided to license QUALCOMM's CDMA technology to expand our business scope and adapt to the most advanced wireless technology,'' said Calvin Chih, general manager of the Communications Business Unit at Acer Peripherals. ''API expects to be a major provider of wireless handsets worldwide. We look forward to working closely with QUALCOMM and launching our first CDMA product in 1999.''

Headquartered in Taiwan, Acer Peripherals develops, manufactures and markets computer peripheral, communication and consumer electronic products. The company's primary communication product areas are GSM 900, 1800 and 1900, multiband handsets and terminals. For more information please visit api.com.tw.

Headquartered in San Diego, QUALCOMM develops, manufactures, markets, licenses and operates advanced communication systems and products based on its proprietary digital wireless technologies. The Company's primary product areas are the OmniTRACS(R) system (a geostationary satellite based, mobile communications system providing two-way data and position reporting services), CDMA wireless communications systems and products and, in conjunction with others, the development of 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 users worldwide. For more information, please visit qualcomm.com.

Except for historical information contained herein, this news release contains forward looking statements that are subject to risks and uncertainties, including timely product development, 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 10-Q.

QUALCOMM, OmniTRACS and Eudora Pro are registered trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. cdmaOne is a trademark of the CDMA Development Group.

SOURCE: QUALCOMM Incorporated