SAN DIEGO - August 13, 1998 - Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has entered into a worldwide Code Division Multiple Access (CDMA) subscriber unit license agreement with Acer Peripherals, Inc. (API) headquartered in Taiwan, Republic of China. Acer Peripherals is the first Taiwan-based company to receive a CDMA license from Qualcomm. Under the terms of the multi-million dollar, royalty-bearing agreement, Qualcomm has granted API a license to develop, manufacture and sell subscriber unitproducts for cdmaOne wireless applications, including cellular, Personal Communications Services (PCS) and wireless local loop, using Qualcomm's proprietary CDMA technology and patents.
"Acer Peripherals is a leading manufacturer of computer peripherals, and communications and consumer electronic products with a worldwide network of manufacturing, sales and marketing operations," said Jerry Skiver, senior program manager in Qualcomm's Technology Transfer and Strategic Alliance Division. "They have gained international recognition with their participation in the wireless industry. As a result of API's extensive experience with other wireless technologies, we expect Acer Peripherals tomake significant contributions in the rapidly expanding cdmaOne marketplace."
"We decided to license Qualcomm's CDMA technology to expand our business scope and adapt to the most advanced wireless technology," said Calvin Chih, general manager of the Communications Business Unit at Acer Peripherals. "API expects to be a major provider of wireless handsets worldwide. We look forward to working closely with Qualcomm and launching our first CDMA product in 1999."
Headquartered in Taiwan, Acer Peripherals develops, manufactures and markets computer peripheral, communication and consumer electronic products. The company's primary communication product areas are GSM 900, 1800 and 1900, multiband handsets and terminals. For more information please visithttp://www.api.com.tw/.
Headquartered in San Diego, Qualcomm develops, manufactures, markets, licenses and operates advanced communication 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 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 users worldwide. For more information, please visithttp://www.qualcomm.com/.
Except for historical information contained herein, this news release contains forward looking statements that are subject to risks and uncertainties, including timely product development, 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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Qualcomm, OmniTRACS, Eudora and Eudora Pro are registered trademarks ofQualcomm Incorporated. Globalstar is a trademark of Loral QualcommSatellite Services, Incorporated.