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John Deere Construction & Forestry Company and Qualcomm to Create System for Remote Machine Monitoring

JDLink System Optimizes Equipment Utilization and Customer Profitability

– August 18, 2006 – John Deere Construction & Forestry Company (Deere & Company-NYSE: DE), the world's leading manufacturer of forestry equipment and a major manufacturer of construction equipment, and Qualcomm Incorporated (Nasdaq: QCOM), a leading provider of business-to-business wireless enterprise platforms, applications and services, today announced an alliance to create an equipment and machine monitoring and information delivery system that will be sold across North America by certified John Deere construction and forestry dealers. Beginning in the fall of 2006, customers can order factory- or dealer-installed JDLink™ on select John Deere construction and forestry equipment.

JDLink automatically collects, transmits and manages information about where and how construction and forestry equipment is being used, as well as critical machine health data for superior equipment utilization, improved productivity and increased revenue. The system leverages Qualcomm's GlobalTRACS® equipment management system to provide customers with vital information about equipment location, machine health and service status. Additionally, it issues special alerts to notify customers if equipment moves outside pre-set boundaries.

“Having this realtime information system will enable customers to save time and costs, maximize their equipment utilization and uptime, and improve their overall service,” said Ken Poppe, product marketing manager, advanced technology for John Deere Construction & Forestry Company.

Four levels of service will be offered with JDLink. The Standard level will provide owners with machine location status, machine service hours and location monitoring capabilities. The Advanced level of service will provide customers with the Standard level, plus dash indicators and fuel and equipment utilization information via engine load monitoring. The Ultimate level of service expands upon these offerings by adding current and stored monitoring of component pressures and temperatures, fuel consumption, as well as transmission gear selection and full-featured diagnostic information retrieval. The Direct level offering enables customers to download machine operating history and diagnostics directly to a laptop. The Advanced, Ultimate and Direct levels of service will be available in 2007 on select models of John Deere construction and forestry equipment; the Standard level of service will be available in the fall of 2006.

“John Deere and Qualcomm continue to demonstrate their commitment to drive value to customers,” said Larry Cleary, vice president and general manager of construction equipment for Qualcomm Wireless Business Solutions. “Through this alliance, Qualcomm and John Deere are creating an innovative solution that will advance the forestry and construction industries to a new level of operational intelligence.”

John Deere (Deere & Company-NYSE: DE) is the world's leading manufacturer of agricultural and forestry equipment, a major manufacturer of construction equipment and a leading supplier of equipment used in lawn, grounds and turf care. John Deere also manufactures and markets engines used in heavy equipment and provides landscape and worldwide financial services. Since it was founded in 1837, the company has extended its heritage of integrity, quality, commitment and innovation around the globe. John Deere Construction & Forestry Company utilizes a vast dealer network to provide reliable customer service with more than 420 locations across North America. For more information, visit www.johndeere.com.

Qualcomm is the industry's global leader in providing high-value wireless data platforms, applications and services. Qualcomm has shipped more than 711,000 mobile systems to businesses in 39 countries on four continents. Processing more than 12.5 million data transactions daily, Qualcomm's Network Operations Centers are staffed by trained professionals 24 hours a day, 365 days a year.

Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2006 FORTUNE 500® company 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 extent and speed to which GlobalTRACS products are 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 25, 2005, and most recent Form 10-Q.

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Topics: Corporate
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