SAN DIEGO -- June 5, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced the promotion of George Mansho to senior vice president of strategic business development for Qualcomm Wireless Business Solutions (QWBS). Mr. Mansho will expand his leadership role to focus on new global business opportunities, including mergers and acquisitions, strategic alliances and investments.
"George's strategic planning and sales expertise has helped successfully expand QWBS into international markets," said Chris Wolfe, senior vice president and general manager of QWBS. "I look forward to his continued focus to help strengthen Qualcomm's position as a provider of wireless data solutions for the transportation industry in existing, as well as new markets, worldwide."
Mr. Mansho joined Qualcomm in 1994 as director of licensing and developed strategic plans for licensing Code Division Multiple Access (CDMA) worldwide and closed agreements with major partners such as NEC, Fujitsu and SIEMENS. As vice president of licensing and strategic alliances, he and his team continued to sign license agreements with new manufacturers, dramatically increasing the number of CDMA licensees. In 1997, Mr. Mansho joined QWBS as vice president and general manager of international business. Under his leadership, QWBS increased its participation in existing markets, such as Brazil and Mexico, and entered new markets, providing communications solutions to transportation industries in China and Argentina. QWBS also entered new European markets through the acquisition of Simac Mobile Solutions and the formation of a new pan-European company, eQ-Com.
Before joining Qualcomm, Mr. Mansho held senior management and legal positions with Ball Corporation, most recently as vice president of International and Commercial Products for the company's telecommunications business and as a corporate licensing attorney.
Mr. Mansho received his bachelor's of arts and doctor of jurisprudence degrees from the University of Colorado and is licensed to practice law in the state of Colorado and the Federal Courts of the 10th Circuit.
Qualcomm has helped the transportation industry become more efficient since 1988 when the OmniTRACS System began to provide transportation companies with an innovative and effective way of managing logistics. These fleet management solutions continue to set the standard by offering innovative products and services that meet the demands of a constantly changing marketplace. With the introduction of OmniExpress™, a CDMA-based digital wireless PCS communications and tracking system, along with trailer tracking and other innovative technologies, Qualcomm continues to expand into various markets including regional and metropolitan-based fleets. With a Network Management Center that processes more than five million transactions each day and 335,000 mobile systems used by businesses in more than 36 countries on four continents, Qualcomm continues to lead the industry in providing wireless data solutions.
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.