RALEIGH, N.C. -- April 26, 2000 -- In conjunction with President Clinton's "Digital Opportunity" tour, Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today demonstrated the capabilities of its High Data Rate (HDR) technology and HDR's ability to span the "digital divide."
Qualcomm's HDR technology was demonstrated today at Remote Data Systems (RDS), a manufacturer of environmental instrumentation, including level monitoring sensors and data management products, located outside of Whiteville, N.C. The company does not have access to a high-speed Internet connection. Dr. Irwin Mark Jacobs, chairman and CEO of Qualcomm, demonstrated the high-speed capabilities of HDR technology by sending graphic files wirelessly 100 times faster than it takes RDS to transfer files with its existing Internet connection. Dr. Jacobs also displayed a small, handheld, prototype HDR modem that will provide "always-on" Internet connection for high-speed, fixed wireless Internet access and a PC card for portable wireless Internet access.
"Last November, we demonstrated to operators and manufacturers that our high-speed, highly efficient HDR wireless technology could be an affordable Internet access solution for consumers," said Dr. Jacobs. "Today, with the President, we have demonstrated HDR's potential to connect the underserved communities in the United States and around the world. HDR's flexibility, high-speed and "always-on" features make it the ideal enabling technology for wireless Internet access, in fixed, portable or mobile environments."
HDR provides a spectrally efficient 2.4 Mbps peak rate in a standard 1.25 MHz channel bandwidth for fixed, portable and mobile applications and is designed to offer an alternative to Digital Subscriber Line (DSL) and cable wireline technologies for high-speed Internet access. HDR will operate in existing Personal Communications Service (PCS) spectrum. Optimized for packet data services, HDR incorporates a flexible architecture based on standard Internet Protocols (IP). HDR is an evolution of CDMA technology with identical radio frequency characteristics as cdmaOne(tm) and 1x Multi-Carrier. HDR supports e-mail, web browsing, mobile e-commerce, telematics and many other applications while offering end users continuous, untethered, always-on access to the Internet and next-generation data services.
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 2000 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.