NEW ORLEANS -- February 8, 1999 -- Qualcomm Incorporated (NASDAQ: QCOM) andTranscommunications Incorporated today announced that the nation's largest truckload carrier, Schneider National, Inc., has signed a contract to offer its 15,000 drivers CabCARD® Personal Communications services. As a transportation pioneer in wireless information technology, Schneider views CabCARD as being a valuable and integral driver communications tool that will give their drivers low-cost, easy-to-use options for keeping in touch with their family and friends while away from home.
"The signing of the CabCARD contract represents Schneider's strong commitment to mobile communications, along with helping its drivers reducepersonal communications costs and improving their ability to stay in touch with loved ones," stated Phil White, president of Qualcomm Wireless Business Solutions™ (QWBS). "As an industry leader and innovator in trucking, we couldn't be more pleased with Schneider's decision to offer CabCARD to their drivers.
"After assessing our needs, we determined the suite of CabCARD messaging services is a natural fit for our driver communications program," said Don Schneider, president of Schneider National. "Qualcomm andTranscommunications have packaged CabCARD so that it can be easily integrated into our operations and customized for our business. This joint effort dovetails nicely with our overall communications strategy and plans for improved driver services."
Together with Schneider, Qualcomm revolutionized the way the trucking industry does business around the world when the trucking company became Qualcomm's first OmniTRACS® customer 10 years ago. Since that time, the OmniTRACS mobile information management system has become the industry's leading solution with more than 269,000 units sold worldwide. Qualcomm currently has mobile terminals operating in the United States, Canada, Europe, Russia, Middle East, Mexico, Brazil, Japan, Korea, Malaysia and China.
CabCARD has experienced explosive growth since its introduction two years ago. There are now more than 100,000 drivers who have access to CabCARD communications services. According to Robert Helms, president of Transcommunications Incorporated, "At our current growth rate, we expect to have a significant increase in the number of messaging minutes used by drivers in 1999 over last year. Driver and fleet acceptance has far exceeded our expectations."
Introduced to the transportation industry in October 1996, CabCARD Personal Communications is a pre-paid service providing discounted long distance phone rates, voice-mail capabilities, driver e-mail and phone-to-e-mail messaging. The only service of this kind in the transportation industry, CabCARD allows Internet e-mail to be sent and received directly from the cab of the truck using the OmniTRACS mobile communications system. Qualcomm markets CabCARD to domestic users of the OmniTRACS system andpartners with service provider Transcommunications to bring this valuable communications tool to drivers.
Headquartered in Chattanooga, Tenn., Transcommunications Incorporated develops and implements complex value-added telecommunications solutions, software and controlled access services for the transportation, retail, corporate travel, computer and software industries. In addition to providing e-mail Internet-connectivity for Qualcomm's OmniTRACS mobile communications terminals, Transcommunications Incorporated is the transportation industry leader in providing pre-paid phonecards and other network services, such as conference calling, automated recharge, and news, weather and sports updates to drivers.
Schneider National is the nation's largest truckload transportation and logistics organization. Schneider National specializes in applying technology and freight management expertise to its customer's advantage.The company provides Van, Dedicated, TruckRail, OptiModal, Specialized and Bulk services on a transcontinental and regional basis.
Qualcomm Incorporated (NASDAQ: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based onthe Company's CDMA digital technology. The Company's major business areas include CDMAphones; integrated CDMA chipsets and system software; wireless infrastructure; technology licensing; and satellite-based systems including OmniTRACS andportions of the Globalstar™ 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 at 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, the Company's abilityto successfully manufacture significant quantities of CDMA or other equipment on a timely and profitable basis, and those related to performance guarantees, change in economic conditions of the variousmarkets 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 27, 1998, and most recent Form 10-Q.