Qualcomm Incorporated (NASDAQ:QCOM) today announced that P.A.M. Transportation Services, Inc. of Tonitown, Ark. has signed a multi-million dollar contract to purchase a range of OmniTRACS® information management products including 1,000 OmniTRACS mobile communications terminals over the next five years.
P.A.M. is an irregular route common and contract dry van truckload carrier transporting general commodities throughout the continental United States and the Canadian provinces of Ontario and Quebec. It decided to equip its fleet with Qualcomm's OmniTRACS system to better meet the demanding customer service challenges in today's market and improve equipment utilization. Installation has already begun.
"The industry is moving more and more into the technological age," said Robert Weaver, P.A.M. president. "The companies capable of providing their customers with the information they want, in the form they want, in the time they need it will be the leaders in the future. We're counting on the OmniTRACS system to keep us in that leading position."
With the increasing number of companies offering some form of mobile communication and information management systems, the selection process continues to be just as important as the decision to purchase. According to Weaver, the OmniTRACS system was selected over competing systems because, "the information and integration available in Qualcomm's software was the best fit. It offered the most possibilities for expansion with our current system and Qualcomm's commitment to customer service and its dedication to the industry far exceeded the others."
"In today's market, every effort to improve customer service counts—whether it's the level of service we offer our customers or the way we can help our customers service their customers," said John Sarto, vice president and general manager of Qualcomm's OmniTRACS division. "We're glad that P.A.M. saw the value we place on our customer service and know they'll find the OmniTRACS system beneficial in meeting their customers' needs."
Qualcomm's family of OmniTRACS products include the OmniTRACS mobile communications and position reporting system; value-added application software designed to enhance existing operations; and information management systems. Qualcomm has sold more than 155,000 OmniTRACS units worldwide, with systems operating in the United States, Canada, Europe, Brazil, Mexico, Japan 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® 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 the Globalstar low-earth-orbit (LEO) satellite communications system. Other company products include the Eudora Pro electronic mail software, VLSI components, and communications equipment and systems for government and commercial customers worldwide.
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, variation of royalty, license and other revenues, difficulties in obtaining components needed for production of wireless equipment, 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 24, 1995.###