Jun 12, 2000SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- June 12, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital technology, today announced DENSO Corporation (Headquarters: Kariya City, Aichi, Japan), HYUNDAI Electronics Industries Co., Ltd., SANYO Electric Co. Ltd. and TOSHIBA Corporation (Headquarters: Tokyo, Japan) have selected Qualcomm's PureVoice VR™ voice recognition software solution for use in their CDMA wireless handsets. In total, there are currently 11 manufacturers worldwide who have selected Qualcomm's advanced VR software solution.
Qualcomm's PureVoice VR software is a unique, software-only voice recognition solution providing highly accurate, advanced speech recognition technology for the MSM3000™ and MSM3100™ Mobile Station Modem (MSM™) platforms. This solution provides CDMA handset manufacturers a quick and affordable way to add powerful new VR capabilities to their products.
"Qualcomm's PureVoice VR technology compliments DENSO's leading edge, user-friendly phone designs," said Dave Ponsford, vice president of DENSO International America Inc. "We expect this combination to further enhance DENSO's market success."
"Qualcomm's PureVoice software provides the superior performance our customers have come to expect," said Young Woo Kim, research&development director of Hyundai Electronics Industries Co., Ltd. "Hyundai will benefit greatly from the excellent features and integrated solution that PureVoice represents."
"The advanced capabilities offered by Qualcomm's voice recognition software make it easy and cost-effective for us to provide our customers with the features they want in a wireless handset," said Eiji Kotobuki, officer of SANYO Electric Co., Ltd. (and vice president, Multimedia Company, and general manager, Personal Telecommunication Division).
"Voice Recognition is quickly becoming a required feature for the U.S. phone market and we're pleased to integrate Qualcomm's advanced VR technology with TOSHIBA's advanced handset designs to meet this requirement," said Takao Kishida, general manager of Mobile Communications Division of TOSHIBA Corporation.
"Qualcomm is committed to supplying wireless manufacturers with the most advanced technologies to enhance the value of their products," said Don Schrock, president of Qualcomm CDMA Technologies. "Our integrated VR solution provides manufacturers with inherently better performance and allows them to eliminate the expenses associated with developing their own VR technology or with adding other third-party solutions to their handsets."
The combination of Qualcomm's PureVoice™ CDMA speech technology and its PureVoice VR voice recognition software provides manufacturers with enhanced functionality coupled with the highest possible accuracy available for CDMA handsets. The integration of VR with CDMA voice processing minimizes repetition and enables faster response time, which delivers an enhanced user experience. Qualcomm's VR solution ensures the convenience and safety of hands-free nametag voice dialing and memo recording, features desired by handset users.
Qualcomm's PureVoice VR software delivers a complete, high-quality voice recognition solution, including speaker-dependent and speaker-independent speech recognition and control words, voice recording/memo and speech prompting. The software is an add-on option for the industry-leading MSM3000 and MSM3100 chipset and system software solutions, and uses the voice services Application Program Interface (API). This solution provides manufacturers with a simple and quick method for adding various voice recognition features into their latest handset products. With no additional hardware required, the option is an affordable feature that helps manufacturers differentiate their products.
DENSO, a global supplier of advanced technology, systems, and components, is a leading manufacturer of wireless communications products such as PDC and PHS handsets, and intelligent communications systems in Japan, as well as CDMA and AMPS handsets in North America. In North America, DENSO employs more than 11,000 people at 16 sites. North American consolidated sales for 1998 totaled $3.1 billion. Worldwide, DENSO employs more than 77,000 people in 25 countries, including Japan. In 1998-99, consolidated global sales totaled nearly $14.5 billion.
DENSO Wireless is a joint undertaking of three DENSO companies. DENSO International America's LA Laboratories provides engineering, research and development, while DENSO Sales California provides product planning, sales, marketing and technical support. Both are located in Carlsbad, Calif. The manufacturing facility, DENSO Wireless Systems America, Inc. is located in Vista, Calif. For more information, please visit the DENSO Wireless web site at www.densowireless.com.
Hyundai Electronics is an industry leader in the development, manufacture, sales, marketing, and distribution of high-quality Semiconductors (including DRAM, SRAM, Flash memory, and System IC devices), Telecommunications, and Liquid Crystal Displays. Hyundai's Telecommunications Business Unit provides high-quality CDMA wireless networks, handsets, and Digital Subscriber Line (DSL) central office and customer premise equipment. All are produced in Hyundai's ISO9001 certified large-scale production facility in Ichon, Korea. In 1996, Hyundai provided wireless systems for the first commercially deployed CDMA network. Korea continues to account for a large portion of the world's CDMA subscribers. Building on this experience, Hyundai offers a full line of CDMA wireless network solutions deployed worldwide for mobile voice and data, wireless offices, and for wireless local loop in traditional and packet networks at 800, 1800, and 1900 MHz. Hyundai currently holds a major market share of DSL central office and customer premise equipment in Korea, one of the world's largest growth markets.
Based in Korea, Hyundai maintains development, manufacturing, sales and marketing facilities strategically worldwide. Hyundai Electronics America (HEA) is a U.S. subsidiary of Hyundai Electronics Industries Co., Ltd. HEA is headquartered at 3101 North First Street, San Jose, CA 95134. More information on Hyundai Electronics America and its products is available from the company's web site at http://www.hea.com.
SANYO Electric Co. Ltd. is a $18.3 billion manufacturer and distributor of consumer and commercial electronics and electronic products. SANYO and Fisher products marketed in the U.S. by SANYO Fisher Company include audio/video components, portable and mobile audio equipment, televisions, VCRs, cordless and PCS phones, facsimile machines, digital still cameras, home appliances, LCD projectors, security video equipment and air conditioning systems.
Toshiba Corporation, the seventh largest computer and electronics company and the world's 26th largest industrial corporation in terms of sales. Toshiba Corporation is a world leader in high-technology products with over 300 major subsidiaries and affiliates worldwide.
Qualcomm CDMA Technologies (QCT) is the leading developer and supplier of CDMA chipsets, hardware and software solutions and tools with more than 100 million MSM chips shipped worldwide. QCT supplies chipsets to the world's leading CDMA handset and infrastructure manufacturers including: Acer Peripherals, Inc., ALPS ELECTRIC CO., LTD.; CASIO COMPUTER CO., LTD.; DENSO CORPORATION; FUJITSU LIMITED; Hitachi, Ltd.; Hyundai Electronics Industries Co., Ltd.; KYOCERA CORPORATION; LG Information and Communications, Ltd.; Samsung Electronics Ltd.; SANYO Electric Co., Ltd.; and TOSHIBA Corporation, among others.
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.