SAN DIEGO -- August 1, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced the promotion of George Dunn to vice president and general manager of United States and Canadian operations for Qualcomm Wireless Business Solutions (QWBS). Mr. Dunn will expand his leadership role to include responsibility for all vertical markets using QWBS products and services, including truckload, less-than-truckload, and private and metro fleets.
"George and his team have been very successful in establishing new and maintaining existing relationships with the truckload industry," said Chris Wolfe, senior vice president and general manager of QWBS. "By leveraging George's strong track record of success and leadership skills, we can aggressively move into new markets to provide wireless data solutions for the transportation industry."
Mr. Dunn joined Qualcomm in 1989 as one of QWBS' first national sales representatives. He has played a significant role in establishing strategic relationships with a variety of key customers and has been responsible for agreements with transportation companies in the midwest, northeast and southeast regions. Over the last 10 years, he has continued to assume increased responsibility, leadership and regional management roles. Most recently, as vice president of truckload business operations, Mr. Dunn was responsible for successfully growing QWBS' share of the U.S. truckload market.
Before joining Qualcomm, Mr. Dunn held sales representative and contract management positions with ABF Freight Systems and Customized Transportation Inc., respectively. Mr. Dunn holds a bachelor's degree in materials logistics management from Michigan State University.
Assuming Mr. Dunn's responsibilities is Glynn Spangenberg, who has been promoted from senior director of national and major accounts to vice president of U.S. and Canadian truckload business operations. "Glynn has done a tremendous job in establishing our strategic national and major account program, and his efforts have led to long-term contract renewals across the board," said Mr. Dunn. In his new role, Mr. Spangenberg will be responsible for the entire truckload vertical market including P&L, strategy development, sales efforts and customer service support for QWBS business in the United States and Canada.
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 Code Division Multiple Access (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 over 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 80 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.