Qualcomm Incorporated (NASDAQ: QCOM) today announced three new agreements with international republishers, reinforcing its leadership position in the worldwide Internet messaging market. These republishers, including Roderick Manhattan Group, LG Soft India Private Limited, and Italsel srl, will offer Qualcomm's award-winning Eudora Pro Email 4.0 software to its existing and potential distribution channels in their respective regions around the world. Through these international republishers, Qualcomm will be able to provide the most popular email solution to consumers in such areas as Italy, India, Asia Pacific and the United Kingdom.
"People, regardless of geography, want to communicate quickly and easily," said David J. McDowell, senior vice president of sales for Qualcomm's Consumer Products Division. "By using Internet-based solutions, international borders and time zones are no longer barriers to communication. Through our new international republishers, more people cannow access Eudora Pro Email 4.0 and experience the power and ease-of-use of email communication."
Qualcomm's globalization strategy for Eudora® products allows international republishers to manufacture, duplicate, market, promote, sell and distribute Eudora Pro Email 4.0 software. These agreements enable republishers to provide faster product delivery and improve response time to distribution channels. Republishers' customers will now be able to purchase these localized products and receive localized support in their respective countries.
Under the terms of their new agreement with Qualcomm, the Roderick Manhattan Group will supply Eudora Pro Email 4.0 software to its English language resellers and distributors in the United Kingdom, as well as to distributors throughout Europe who offer English language products.
The current distributor for Eudora products in India, LG Soft India Private Limited. (LGSI), a wholly owned subsidiary of Seoul, Korea-based LG Electronics, Inc., will now be an English language republisher for Eudora Pro Email 4.0 software. LGSI will provide the software in 12 different countries throughout the Asia Pacific region, with exclusive rights in India.
In an agreement signed with Italsel srl, the Italy based republisher will supply the Italian-speaking European market with an Italian language version of Eudora Pro Email 4.0 software. Availability is expected during the summer of 1998. Eudora Pro software is already a well-known and respected brand in Italy. Recently, Eudora Pro 3.0 received the Best Email Software award for the second consecutive year from PC Magazine in Italy.
These new agreements extend Qualcomm's existing network of international republishers. Kuni Research International Corporation, a long-time partner of Qualcomm, provides worldwide distribution of Eudora Pro 3.0 in Japanese. Eudora Pro Email 4.0 in Japanese as well as the traditional and simplified Chinese and Korean language versions are expected to be available in the third quarter of 1998.
Eudora Pro Email 4.0 software provides users with an extremely powerful mail management tool that supports the latest industry standards including Lightweight Directory Access Protocol (LDAP) and Hyper Text Markup Language (HTML). The improved user interface includes a message preview pane, floating dockable windows and a "make filters" command which allows users to create mailbox filters with a click of a button.
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 products, 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 28, 1997 and most recent Form 10-Q.
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