Qualcomm Incorporated (NASDAQ: QCOM), a leader in mobile communications for the transportation industry, today announced that it has renewed its contract with Werner Enterprises (NASDAQ: WERN), one of the nation's largest truckload transportation companies. An early adopter of the satellite-based, OmniTRACS® mobile information management system, and a Qualcomm customer since 1992, Werner has extended its contract for an additional six years.
"Werner is respected as a technology pioneer and we are extremely pleased that they continue to see value in using our fleet information management system into the future," stated Phil White, senior vice president and general manager of Qualcomm's OmniTRACS Division. "They truly understand the benefits of a reliable system like ours."
Werner's fleet is not only equipped with OmniTRACS terminals, but has other Qualcomm products including SensorTRACS, JTRACS, and CabCARD.
"The OmniTRACS system has enabled us to develop our innovative paperless log software. We believe Qualcomm's vision and technology expertise will help us to expand our business into the next millennium," said Robert E. Synowicki, Jr., executive vice president and chief operating officer of Werner Enterprises.
With over 230,000 OmniTRACS units sold worldwide, Qualcomm is the leading provider of mobile communications and information management systems to the transportation industry. Qualcomm currently has systems operating in the United States, Canada, Europe, Russia, Middle East, Brazil, Mexico, Japan, Korea and Malaysia.
Werner Enterprises is a full service transportation company based in Omaha, Nebraska, providing truckload and other transportation services throughout the 48 contiguous states with service to Canada and Mexico. Werner operated a fleet of 5,500 tractors and 15,000 trailers as of March 1998. For further information about Werner Enterprises, please visit the Company's Web site at http://www.werner.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 products, 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 28, 1997 and most recent Form 10-Q.
Qualcomm, OmniTRACS, CabCARD and Eudora Pro are registered trademarks of Qualcomm Incorporated.Globalstar is the trademark of Loral Qualcomm Satellite Services. All other company and product names are trademarks of their respective holders.
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