Mar 17, 2000SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
Qualcomm Incorporated (Nasdaq: QCOM), a leader in digital wireless communications and advanced electronic messaging solutions for the Internet, today announced that it has acquired Within Technology, Inc., a technology and systems consulting firm with expertise in collaborative workgroup software, interface design and document annotation techniques. With a staff that includes both Windows® and Macintosh® programmers, and a small Internet Service Provider (ISP) facility that will serve as a test bed for application and content distribution, Within Technology brings many valuable resources to Qualcomm Eudora Products. The acquisition underscores Qualcomm's commitment to the continued development and technological leadership of its Eudora® email software product line. The financial terms of the acquisition have not been disclosed.
"Working as consultants to us for several years, Within Technology engineers have already logged thousands of man-hours in Eudora software development time," said Jeffrey K. Belk, Qualcomm vice president and general manager of Qualcomm Eudora Products. "This acquisition will allow us to build on the work we've already done together, and to develop some ingenious new features, products and systems that will keep Eudora on the leading edge of Internet communications."
Benefits to Eudora
Within Technology brings expertise in the following areas to the Eudora Products group:
Within Technology and Qualcomm Eudora ProductsFounded in 1994, Within Technology specializes in collaborative work and communications technologies. The company helped develop many features and enhancements for both the Windows and Macintosh versions of the Eudora email software client. Most recently, Within Technology helped to design a unique new ad-serving architecture to support the latest release of Eudora email, which includes a sponsor-supported mode with advertising in the user interface. This flexible, scalable ad-serving architecture uses a "play list" paradigm that enables ads to be displayed to users not only when they are working in email online, but offline as well.
"We've always specialized in building collaborative communications tools that bridge the gaps of time and distance," said Rob Chandhok, president and co-founder of Within Technology, and now a director of engineering for Eudora Products. "We look forward to leveraging our expertise in designing collaborative environments and computer-mediated communications systems to help extend Eudora's capabilities."
First developed by Internet pioneer Steve Dorner in 1989-1990, Eudora email has been recognized with more than 70 industry awards, and is now used by over 20 million people worldwide. With the release of Eudora 4.3 (which can now be downloaded for free at www.eudora.com), Qualcomm is once again taking the lead in providing innovative Internet email solutions. Going forward, the Company plans to expand both the functionality and the reach of its Eudora product line by adding more useful features and developing versions for emerging platforms such as wireless devices and Internet appliances.
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 business areas include integrated CDMA chipsets and system software; technology licensing; Eudora email software for Windows and Macintosh computing platforms; satellite-based systems including portions of the Globalstar™ system and wireless fleet management systems, OmniTRACS® and OmniExpress™. Qualcomm owns patents which are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. Qualcomm has licensed its essential CDMA patent portfolio to more than 75 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 1999 FORTUNE 500® company traded on The Nasdaq Stock Market® 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.