Qualcomm Incorporated (NASDAQ: QCOM) todayannounced the formation of Qualcomm Wireless Systems, which combines itsWireless Infrastructure Division and Communication Systems Division. Thenew division, which focuses on CDMA infrastructure for mobile and fixedservice and the satellite-based Globalstar system, will leverage thetechnologies and common strengths of these businesses. Jerry Beckwith,president of Qualcomm's Communication Systems Division, will assumeresponsibility for the new division. Concurrent with this change, JohnMajor, president of Qualcomm's Wireless Infrastructure Division, willbecome president and CEO of Wireless Knowledge, LLC, a recently announcedjoint venture of Qualcomm and Microsoft.
"We believe this move will further strengthen our terrestrial- andsatellite-based businesses by leveraging their common technologies andpresence in the same regions," said Richard Sulpizio, president and chiefoperating officer of Qualcomm. "Under Jerry's leadership, this newdivision will focus on creating and delivering the wireless products andservices needed to continue to build our infrastructure and satellitebusinesses."
"Qualcomm has a tremendous opportunity to build on the successes thesebusinesses have seen to date in supplying products and services to nearly50 countries," said Beckwith. "By unifying the businesses, we can meet awider variety of customer needs for their target market segments, usingCDMA technology, products and applications."
Since 1994, Beckwith has served as president of Qualcomm's CommunicationSystems Division. In this role, he has driven sales, marketing, operationsand wireless product development for commercial and government customersworldwide. He currently leads Qualcomm's participation in the Globalstarlow-earth-orbit satellite-based digital telecommunications system. UnderBeckwith's leadership, Qualcomm has entered into a number of contractsinvolving the Globalstar system which, in aggregate, are expected togenerate revenues in excess of $1 billion over the life of the contracts.
Beckwith has more than 20 years of experience in engineering and managementof communications programs. Since joining Qualcomm in 1987, Beckwith hasheld senior management positions driving various initiatives, including theinitial commercialization of Code Division Multiple Access (CDMA),OmniTRACS and government systems. Beckwith previously worked at M/A-COMLinkabit where he was responsible for network systems programs. He startedhis career with General Dynamics as an electrical engineer after graduatingsumma cum laude from San Diego State University with bachelor's andmaster's degrees in electrical engineering.
Qualcomm Incorporated (NASDAQ: QCOM) is a leader in developing anddelivering innovative digital wireless communications products and servicesbased on the Company's CDMA digital technology. The Company's majorbusiness areas include CDMA phones; Application Specific IntegratedCircuits (ASICs); wireless infrastructure; technology licensing; andsatellite-based systems including OmniTRACS® and portions of theGlobalstar™ system. Qualcomm is headquartered in San Diego, Calif.Qualcomm's fiscal 1998 revenues exceeded U.S. $3 billion. For moreinformation, please visit the Company's web site athttp://www.qualcomm.com.
Except for the historical information contained herein, this news releasecontains forward-looking statements that are subject to risks anduncertainties, including timely product development, the Company's abilityto successfully manufacture significant quantities of CDMA or otherequipment on a timely and profitable basis and those related to performanceguarantees, change in economic conditions of the various markets theCompany serves, as well as the other risks detailed from time to time inthe Company's SEC reports, including the report on Form 10-K for the yearended September 27, 1998 and most recent Form 10-Q.
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Qualcomm, OmniTRACS, Eudora and Eudora Pro are registered trademarks of Qualcomm Incorporated. Globalstar is a trademark of Loral Qualcomm Satellite Services, Incorporated.
November 10, 1998November 10, 1998