SAN DIEGO and PALO ALTO, Calif., -- September 27, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM) and Agilent Technologies Inc. (NYSE: A) today announced that they have entered into a Code Division Multiple Access (CDMA) test equipment license agreement. Under the terms of the multi-million dollar agreement, Qualcomm has granted Agilent a license to use certain Qualcomm patents and software, as well as purchase Qualcomm's advanced chipsets and system software for the manufacture and supply of test equipment products for current and third-generation CDMA (WCDMA, cdma2000, TD-SCDMA), and 1xEV (HDR) applications.
"With this licensing agreement, the CDMA market gains a recognized leader in test equipment," said Steve Altman, president of Qualcomm Technology Alliances. "The license from Qualcomm allows Agilent to not only support the current CDMA market but also help to ensure the rapid deployment of third-generation CDMA and HDR systems with the availability of commercial test equipment."
"This agreement enables Agilent to expand its test equipment product offering for the wireless industry and participate in the CDMA market of today as well as third-generation," said Al Schmidt, vice president of Agilent's RF Communications Products Unit. "We look forward to rapidly enable system providers and manufacturers with test equipment to quickly deploy and optimize third-generation CDMA and HDR networks."
Agilent Technologies Inc. (NYSE: A) is a diversified technology company with approximately 46,000 employees serving customers in more than 120 countries. Agilent is a global leader in designing and manufacturing test, measurement and monitoring instruments, systems and solutions, and semiconductor and optical components. In fiscal year 1999, Agilent had net revenue of more than $8.3 billion. The company serves markets that include communications, electronics, life sciences and healthcare. Information about Agilent Technologies can be found on the Web at www.agilent.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 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 the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, 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.
Qualcomm, OmniTRACS and Eudora are registered trademarks and OmniExpress is a trademark of Qualcomm Incorporated. Globalstar is a trademark of Loral Qualcomm Satellite Services, Incorporated. Windows is a registered trademark of Microsoft Corp. Macintosh is a registered trademark of Apple Computer Inc. All other trademarks are the property of their respective owners.
September 27, 2000September 27, 2000