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

To: Sawtooth who wrote (23009)	2/18/1999 9:21:00 AM
From: straight life	Respond to of 152472

ADC and QUALCOMM Sign OEM Agreement for NewNet Wireless Messaging Products ADC's NewNet Wireless Messaging Technology Given Preferred Vendor Status MINNEAPOLIS--(BUSINESS WIRE)--Feb. 18, 1999-- ADC Telecommunications Inc. (NASDAQ: ADCT - news; www.adc.com) announced today that it has signed a three-year preferred vendor agreement for its NewNet wireless messaging products with QUALCOMM Incorporated (NASDAQ: QCOM - news). Under terms of the agreement, the SMserver(TM) short message service (SMS) product and the OTAserver(TM) over-the-air activation (OTA) product will be distributed by QUALCOMM for use in CDMA digital wireless networks. ADC's NewNet Smserver software provides digital wireless operators the ability to generate additional revenue and potentially increase airtime usage by adding SMS applications to their portfolio of value-added subscriber services. The Smserver software manages transmission of text messages to mobile handsets, providing subscribers with voice mail notification, digital pages and custom short text messages. ADC's NewNet OTAserver software provides digital wireless operators the ability to provision wireless services quickly, cost-effectively and securely. The server software accepts, manages, and ensures reliable completion of subscriber activation, authentication and roaming list update services ''over-the-air.'' Grant Wakelin, president of ADC's Software Systems division said, ''We are pleased that QUALCOMM has selected ADC to complement its wireless infrastructure offering. This agreement is consistent with our goal of establishing both direct and indirect channels in the wireless market and providing leading-edge platforms to address the messaging needs of carriers.'' ''Scalability of the NewNet messaging product line and its open-system architecture were key elements in our decision to partner with ADC,'' said Wendy Fulk, vice president of marketing for QUALCOMM Wireless Systems. ''Our goal is to deploy our CDMA wireless infrastructure in both small and large wireless markets, and scalability helps us meet the cost targets of our customers worldwide.'' ADC Telecommunications' NewNet product line consists of short messaging, over-the-air programming and CALEA solutions, as well as comprehensive SS7 middleware platforms commercially deployed in over 30 countries. More information about ADC's NewNet products can be reached on the World Wide Web at newnet.com. QUALCOMM Incorporated (NASDAQ: QCOM - news) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's major business areas include CDMA phones; integrated CDMA chipsets and system wireless infrastructure; technology licensing; and satellite-based systems including OmniTRACS® and portions of the Globalstar(TM) system. QUALCOMM is headquartered in San Diego, Calif. QUALCOMM's fiscal 1998 revenues exceeded U.S. $3 billion. For more information, please visit the Company's web site at qualcomm.com. ADC Telecommunications, Inc. (NASDAQ: ADCT - news) is a leading global supplier of voice, video and data systems and solutions for telephone, cable television, Internet, broadcast, wireless and private communications networks. ADC's systems and solutions enable local access and high-speed transmission of communications services from providers to consumers and businesses over fiber optic, copper, coaxial and wireless media. Headquartered in Minneapolis, Minnesota, ADC has approximately 8,000 employees around the world and annual sales of $1.4 billion. For additional information, visit our Web site at adc.com. NewNet, SMserver and OTAserver are registered trademarks of ADC Telecommunications. QUALCOMM and OmniTRACS are registered trademarks of QUALCOMM Incorporated.