SMART Modular Technologies, Inc. (NASDAQ: SMOD) and Qualcomm Incorporated (NASDAQ: QCOM) today announced the signing of an agreement for SMART to co-develop and supply V.34 fax/modem PC cards to Qualcomm. Qualcomm's Data On The Go™ PC card will be the first fax/modem compatible with CDMA digital phones, enabling users to access the Internet, send and receive faxes and email over existing analog systems as well as digital CDMA wireless networks when data services become available. When fully implemented, CDMA networks are expected to provide the largest coverage of any digital wireless technology in North America.
The Data On The Go PC card will be compatible with today's most popular notebooks and PDA's. Additionally, the card will be software upgradable to allow users to take advantage of future CDMA packet data services as they are made available to the industry.
"We are delighted to have been selected by Qualcomm to co-develop and supply the first fax/modem PC cards for Qualcomm's CDMA digital phones," stated Paul Mercadante, V.P., Product Line Manager of SMART's Communication Division. "Qualcomm's CDMA technology standard should help fuel the rollout of advanced mobile telecommunication data services around the world, increasing the use of Qualcomm CDMA phones and modem cards in wireless applications."
"Through our alliance with SMART, we developed a wireless data solution that provides an excellent compliment to our CDMA digital phones," said Mark Steele, Director of Product Data Management for Qualcomm's Subscriber Products Division. "With the Data On The Go PC card, users of our latest CDMA digital phones will have convenient, instant access to the information they need most."
SMART Modular Technologies, Inc. is a leading independent manufacturer of specialty and standard memory modules, Flash memory cards, high performance embedded computer modules, as well as communication card solutions. SMART offers more than 500 products to leading OEMs in the computer, networking, and telecommunications industries. SMART has manufacturing facilities in California, Puerto Rico, and Scotland, a design center in India and sales organizations worldwide. More information on SMART can be obtained on the Internet at http://www.smartm.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.
SMART and Qualcomm Co-Develop Modem
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, Qualcomm's ability to successfully manufacture significant quantities of CDMA or other equipment on a timely and profitable basis, change in economic conditions of the various markets Qualcomm serves, as well as the other risks detailed from time to time in Qualcomm's SEC reports, including the report on Form 10-K for the year ended September 29, 1996 and most recent Form 10-Qs.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results could differ materially from those projected in the forward-looking statements as a result of certain factors including without limitation material availability, production, engineering and/or technical problems in getting the Data On The Go cards to market.
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