Qualcomm Incorporated (QCOM:NASDAQ), a leader in wireless communications and advanced electronic messaging solutions for the Internet, today announced that Molly Foerster has been appointed director of business development of the Eudora® division. Over 18 million people use Eudora Light™ or Eudora Pro™ software as their primary Internet email, making the Eudora family of software products the world's most widely used Internet email solution.
"Eudora's continuing growth and success in the marketplace has generated new business opportunities needing careful evaluation and development," stated James DeBello, vice president and assistant general manager of Qualcomm's Eudora division. "Molly brings a wealth of experience and savvy in fostering strategic relations both here at Qualcomm and at other companies. Her appointment to this newly created position will provide added focus and emphasis to these very important opportunities."
Foerster will report directly to the Office of the General Manager. In this new role, she will be responsible for directing the evaluation and pursuit of new business opportunities.
For the past two years, Molly has served as Director of Investor Relations at Qualcomm. She brings to Eudora sixteen years of experience in diverse business disciplines, including marketing, strategic planning and project management for companies including AccessLine Technologies, Fiber SenSys and AT&E Corporation.
Available for the Windows, Macintosh and Newton® platforms, Eudora Light and Eudora Pro software are best-of-breed products that deliver exceptional levels of functionality, ease-of-use and flexibility. Eudora Pro 3.0 software offers a wide range of powerful features including built-in spell checking, stylized text, user-definable message filtering, support for long file names, color-coded message labeling, Internet hot link (URL) capabilities and an Extended Messaging Services API that allows the development of plug-in applications such as human language translation, data compression, image format conversion, content analysis and data security services. Eudora Light 3.0.1 software sets new standards for Internet email freeware with a wide range of enhanced capabilities.
OEM and bundling agreements include industry leaders such as Microsoft, IBM, NETCOM and 3Com. Eudora Pro software has been licensed to a wide range of corporations including MCI, Cisco, GTE, Lockheed Martin and Schlumberger. Many of the world's leading universities, including MIT, Stanford, The University of California, Brown and Cornell, also use Eudora Internet email software. The Eudora division is currently developing comprehensive client/server solutions for electronic messaging in the corporate environment. For more information regarding the Eudora family of products, visit the division's World Wide Web site at http://www.eudora.com.
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 and commercial implementation of the Company's CDMA technology, continued growth in the CDMA subscriber population and the scale up and operations of CDMA systems, timing and receipt of license fees and royalties, the Company's ability to successfully manufacture significant quantities of CDMA or other equipment on a timely and profitable basis and those related to performance guarantees, 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 29, 1996 and most recent Form 10-Qs.
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