Qualcomm Incorporated (NASDAQ:QCOM) has announced that Murray, Ky.-based Paschall Truck Lines, Inc. has equipped its entire fleet with the OmniTRACS® mobile communications system. To date, Paschall has 600 OmniTRACS units in operation with plans to purchase an additional 400 units over the next five years.
"We have established ourselves as a high-quality service provider," said Tom Stephens, executive vice president of Paschall Truck Lines. "Qualcomm's real-time communications and tracking is the best way to know where our trucks and loads are located. Being flexible is key to providing superior customer service and OmniTRACS affords us that flexibility."
"We're extremely pleased that Paschall has decided to partner with us," said John Sarto, president of Qualcomm's OmniTRACS division. "Paschall Truck Lines has a great reputation in the industry and we're proud to be associated with this quality carrier."
With nearly 200,000 OmniTRACS units sold worldwide, Qualcomm is the leader in providing mobile communications and information management systems to the transportation industry. Qualcomm currently has systems operating in the United States, Canada, Europe, Brazil, Mexico, Japan, Korea and Malaysia.
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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