SAN DIEGO -- November 23, 1999 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced the launch of direct sales via the Internet of the Qualcomm pdQ™ smartphone, the all-in-one digital wireless phone and pen-based organizer that integrates Qualcomm's industry-leading CDMA technology with 3Com's Palm Computing® platform.
Telstreet.com, a leading e-tailer of wireless phones, service and accessories will handle order fulfillment and service provisioning of pdQ smartphones purchased via the Web. Consumers who wish to purchase the pdQ smartphone on the Web can do so by accessing Telstreet.com's website at www.telstreet.com. The sleek, lightweight Qualcomm Thin Phone is also available from Telstreet.com.
"Qualcomm's pdQ smartphone provides consumers with all the benefits of CDMA digital wireless technology crystal clear call quality, fewer dropped calls and enhanced privacy and security while giving customers access to more than 1,000 applications available for the Palm Computing platform," said David J. McDowell, senior vice president of sales and marketing for Qualcomm Consumer Products. "Qualcomm's agreement with Telstreet.com will provide an important sales channel direct to the consumer for this revolutionary product."
"Telstreet.com is committed to partnering with manufacturers and carriers to bring the best wireless products and services to consumers," said Terry Friedberg, executive vice president, sales and marketing, for Telstreet.com. "The Qualcomm pdQ smartphone will be a hit with consumers as it will allow them to finally operate efficiently away from the office."
Qualcomm's pdQ smartphone combines the popular Palm Computing platform with a CDMA digital wireless phone that supports wireless Internet access and email. The pdQ smartphone offers businesses and consumers end-to-end security for sensitive transactions through the use of standard Internet protocols. Users can input data three ways: through Palm Computing's Graffiti® power writing software, the on-screen keyboard, or through a personal computer's keyboard when connected to the pdQ smartphone with the included HotSync® technology.
Users can transfer and synchronize information between the pdQ smartphone and a personal computer, including Lotus Notes and Microsoft Exchange data. The pdQ smartphone ships with a charging/synchronization cradle, lithium ion battery and a headset that enables users to talk on the phone while simultaneously using the PDA portion of the unit.
Telstreet.com is a leading e-tailer of wireless phones, services and accessories. The company offers a simplified shopping experience that enables consumers to make a confident choice when purchasing wireless products and services. Consumers will find leading brands and the best wireless values on the Web shipped free of charge. For more information, visit www.telstreet.com.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's major business areas include CDMA phones; integrated CDMA chipsets and system software; technology licensing; and satellite-based systems including OmniTRACS® and portions of the Globalstar™ system. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 1999 FORTUNE 500® company traded on the Nasdaq under the ticker symbol QCOM.
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 ability to 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 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 26, 1999, and most recent Form 10-Q.