Qualcomm Incorporated (NASDAQ: QCOM) and Japan Radio Co., Ltd. (JRC) of Tokyo, Japan, today announced the signing of a worldwide royalty-bearing license agreement for test equipment based on Qualcomm's Code Division Multiple Access (CDMA) technology. The agreement allows JRC to design and develop digital radio test equipment to support the installation and maintenance of CDMA communications networks.
"Supporting the rapid international deployment of cdmaOne technology presents significant opportunities for manufacturers like JRC to sell CDMA test equipment," said Steve Altman, senior vice president and general manager of Qualcomm's Technology Transfer Division. "With the addition of CDMA, JRC will increase its technology portfolio, providing a significant potential market for JRC's equipment around the world."
"JRC has extensive experience and a solid reputation in the test equipment business, especially in the cellular and mobile radio business areas such as phasing simulators and cellular testers. As JRC and Qualcomm have reached this CDMA license agreement, we expect to expand our product range and market share around the world," said Akihiro Tanaka, managing director and general manager for JRC's Engineering Department.
JRC's remarkable performance in research and development, manufacturing and marketing results from a highly coordinated corporate structure. The variety of JRC's state-of-the-art products is matched only by the wide range of their applications: radio communications for maine and land use, maritime and air navigation, meteorology, broadcasting, air traffic control, industrial instrumentation, factory automation, defense, civil construction, and fishery. Marketing of these products is handled by the Tokyo headquarters and a worldwide network of sales offices. A high reputation has helped to make JRC one of the world's leading equipment manufacturers in the fields of electronics and radio-applied technology. For more information on JRC products and technologies, please visit the Company's web site at http://www.jrc.co.jp.
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 equipmenton 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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