Qualcomm Incorporated (NASDAQ:QCOM) today announced it has signed a contract with Federal Express Corporation for the purchase of OmniTRACS® mobile communications units. Installation is currently under way with completion planned by May 31st. Memphis,Tenn.-based Federal Express will also implement Qualcomm's SensorTRACS®driver performance monitoring system.
"On-time delivery is our number one priority," stated John Traendly, managing director of surface movement systems for Federal Express. "With the Qualcomm system we have greater visibility of our equipment and the ability to achieve even higher levels of service reliability."
Federal Express selected Qualcomm's satellite real-time communications because on time receipt of driver messages is important to the maintenance of reliable Federal Express delivery services. A company with its focus on the 21st Century, Federal Express is aggressively implementing advanced communications technologies. As the industry leader, Qualcomm provides an effective method of communication between dispatchers and drivers no matter where they are.
"Our real-time capabilities and complete satellite coverage are ideal for the time critical environment of Federal Express," stated John Sarto, president of Qualcomm's OmniTRACS division. "We are pleased to be their communications solution provider."
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.
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