Qualcomm Incorporated (NASDAQ: QCOM) today announced the signing of a royalty-bearing licensing agreement with Ortel Corp. (NASDAQ: ORTL) to manufacture and sell wireless repeater products based on Qualcomm's Code Division Multiple Access (CDMA) technology.
"Ortel's success as a premier manufacturer of wireless repeater products provides Qualcomm with another quality licensee of our CDMA technology," said Marv Blecker, senior vice president for business development Qualcomm's Technology Transfer Division. "Qualcomm welcomes Ortel as a supplier of CDMA repeaters, enabling CDMA operators the opportunity to take advantage of the added benefits associated with Ortel's line of repeater products."
"Today's strategic licensing agreement with Qualcomm further demonstrates Ortel's commitment to providing global network operators with the most cost-effective, state-of-the-art wireless repeaters," said Hal Zarem, wireless communications business manager, Ortel Corp. "Among the many benefits offered by CDMA technology are inherently high capacity and a reduction in the required number of base stations. This leads to technical and economic considerations which create a solid business case for the use of CDMA repeaters, clearly the most cost-effective network element for enhancing coverage."
Ortel's wireless repeater product family includes the Ortel MirrorCell Channel Selective Repeater, the first repeater designed to meet the industry standard for CDMA -- ANSI, JSTD 008, and has been proven to provide both indoor and outdoor coverage in commercial CDMA networks. Ortel's MirrorCell repeaters offer network operators a low-cost coverage solution and allow significant reductions in infrastructure cost and expedites roll-out.
Ortel Corporation designs, manufacturers and sells a broad range of RF signal transmission products worldwide, principally serving the broadband and wireless sectors of the communications industry. Its products are designed to improve signal quality, enhance transmission distances, increase bandwidth, lessen signal interference and reduce costs. The company is headquartered in Alhambra, California, with international operations in Stockholm, Munich, Paris and Shenzhen, China. For more information on the company and its products, call 1-800-362-3891, or visit the company's web site at http://www.ortel.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, 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, 1996 and most recent Form 10-Qs.
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