Qualcomm Incorporated (NASDAQ:QCOM) today announced that Oregon-based May Trucking Co. has signed a contract to purchase 1,000 OmniTRACS® mobile communications units from Qualcomm to replace its current mobile communications system. Terms of the contract include delivery of 625 units by year end. Installation has already begun.
"Although we were operating on a competing mobile communications system, we made the decision to switch to Qualcomm because of its stability in the industry and focused long-term strategy for future product development," stated Marvin May, president and CEO of May Trucking. "OmniTRACS is a proven system we can depend on to meet our growing needs."
"Technology is something that is constantly evolving and improving. We needed the guarantee that our mobile communications system could provide the upgrade path to handle our future growth - Qualcomm is able to give us that guarantee."
Celebrating over 50 years in the trucking business, May Trucking is one of the industry's most progressive providers of high quality service in the truckload sector today. May Trucking provides both refrigerated and dry van hauling throughout all 48 contiguous states.
"Companies are investing a great deal of time and money into improving their business through the use of technology," said John Sarto, senior vice president and general manager of Qualcomm's OmniTRACS division. "It's important that these companies have confidence in the technology they select. We're pleased that May Trucking is confident in our products, our technology and our commitment to the industry and we look forward to serving its communications needs well into the next century.
Qualcomm's family of OmniTRACS products includes the OmniTRACS mobile communications and position reporting system; business solutions and information management systems. Qualcomm has sold more than 175,000 OmniTRACS units worldwide, with systems operating in the United States, Canada, Europe, Brazil, Mexico, Japan, Malaysia and Korea.
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, 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 http://www.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 24, 1995 and most recent Form 10-Qs.
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