TOKYO, Japan -- July 17, 2000 -- SnapTrack® Inc., a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM), pioneer of Wireless Assisted GPS™ location systems, today announced an agreement with Tokyo-based Itochu Techno-Science Corporation (CTC), Japan's leading distributor of state-of-the-art computer systems, to provide Japanese carriers with high-performance SnapTrack SmartServer™-enabled wireless location platforms. CTC chose the SnapTrack solution because it provides superior performance in terms of implementation flexibility, accuracy, sensitivity and in-building coverage, and can rapidly determine a user's location.
"CTC believes the market potential for personal location and navigation services in Japan is huge, and by offering a premium server solution with SnapTrack's Wireless Assisted GPS (Global Positioning System) technology, CTC will enable its customers to add high-performance location functionality to their products with minimal effort and expense," said Mr. Osamu Gotoh, president of CTC. "Personal location technology will give wireless phone users access to a broad array of location-based services to make their lives easier and more productive."
Under the terms of the commercial agreement, CTC will integrate SnapTrack's Wireless Assisted GPS software into CTC's carrier-class mobile positioning server. SnapTrack will allow CTC to use its personal location technology and provide technical support to operators that purchase the system. CTC will market the SnapTrack-based location server to wireless carriers in Japan as a platform for value-added location-based services. Financial terms of the transaction were not disclosed.
"This agreement is a key stepping stone in our vision of making SnapTrack technology the foundation for personal location services in Japan and worldwide," said Steve Poizner, president of SnapTrack. "We're very pleased to be working with CTC, one of the largest distributors of server products in Japan. This agreement provides a wider range of product choice to carriers and service providers for meeting their location server needs."
CTC sees a rapidly expanding location services market in Japan that will include personal navigation and mobile directory assistance services, sales force and corporate asset tracking and coordination, "friend finder" and child or pet tracking services, location sensitive billing for alerting customers to special toll-rate area discounts, location-enabled entertainment, and enhanced vehicle fleet management. In addition, SnapTrack's system will enhance public safety for people placing emergency calls on their cellular phones, and help emergency officials more rapidly and precisely respond to a crisis or call for help. SnapTrack's system has been adopted by NTT DoCoMo, and is in commercial service across Japan. It has also been adopted by Qualcomm for its new MSM3300™ CDMA chip, and will be incorporated into Qualcomm's future chipset products.
About SnapTrack's Technology
SnapTrack's personal location technology fuses the intelligence and power of networks in the mobile environment with the accuracy and coverage of the Global Positioning System. SnapTrack's thin-client Wireless Assisted GPS system improves upon conventional GPS by combining information from GPS satellites and wireless networks to accurately and reliably pinpoint a wireless phone. While traditional GPS receivers may take several minutes to provide a location fix, SnapTrack's system generally locates callers within a few seconds. Callers are typically located to within 3-20 meters in a wide range of challenging call environments where normal GPS will not work, including inside houses and moving vehicles, under heavy foliage, and in downtown urban street canyons. SnapTrack's unique Location on Demand™ feature also ensures a caller's privacy, putting location information in the hands of the user, not the network.
SnapTrack's technology products permit the design of cellular phones, pagers, PDAs, and other wireless devices that operate in multiple GPS navigation modes, allowing out-of-network location coverage and a variety of thin-client applications. SnapTrack's multimode product combines several GPS modes into a single package, and uses a dynamic smart-location feature that enables a device to choose the appropriate location mode for a user at any given time. SnapTrack's wireless location technology products require no additional cell sites or modification to existing network equipment and are designed to have minimal impact on cost and handset form factor. Furthermore, SnapTrack's technology is air-interface neutral and is applicable in any two-way wireless system: cellular/PCS, satellite, or paging; 800/900 MHz or 1800/1900 MHz; GSM, CDMA, TDMA, PDC or 3G air interfaces.
About Itochu Techno Science's CTC Group (www.ctc-g.co.jp) is a leading provider of total computing solutions in Japan and the Asia/Pacific area. Founded in 1972, the CTC Group provides total solutions with NT, UNIX, and networking products for approximately 30,000 corporate clients worldwide in industries including telecommunications, service, finance, distribution and manufacturing, as well as systems for governmental, educational, and medical use. Over the last two years CTC has been the number one provider of Sun Microsystems products worldwide, and the number one provider in Japan of products from Oracle, Sybase, Netscape, and Cisco Systems. CTC operates more than 70 branches with over 2,500 employees throughout Japan. They provide services ranging from consultation to system development, post-delivery operations, maintenance, support, training, and outsourcing, 24 hours a day, 365 days a year.
Headquartered in San Jose, California, USA, SnapTrack is a wholly owned subsidiary of Qualcomm Incorporated and is focused on integrating GPS and two-way wireless technologies. SnapTrack's patented architecture offers anytime, anywhere, accurate, high-speed location of a wireless caller, even inside buildings where conventional GPS does not operate. SnapTrack has agreements with Denso, Intel, Loc8.net/Glenayre, Microsoft, Motorola, NEC, NTT DoCoMo and Texas Instruments. SnapTrack's system has been commercially adopted by NTT DoCoMo, and is now on the market in Japan. For more information, please visit http://www.snaptrack.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 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.