SAN DIEGO -- October 19, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced the commercial release of its new iTruckMAIL™ Web-based service. iTruckMAIL enhances Qualcomm's existing TruckMAIL™ mobile communications system to allow access to mapping and messaging capabilities via the Internet. Features include street-level mapping, free-form messaging, vehicle position reporting and history, easier IT implementation, multiple user connectivity, multiple platform access and laptop connectivity.
TruckMAIL is a mobile communications solution designed especially for smaller fleets (less than 100 trucks), and is used by more than 150 of Qualcomm's current trucking industry customers. The system provides two-way communications and satellite tracking using Qualcomm's reliable and proven technology. It enables fleets to redirect loads, communicate with drivers and provides accurate information regarding ETAs. iTruckMAIL will be offered to current TruckMAIL customers who desire the benefits of online connectivity and to new customers within the truckload market.
"Our new iTruckMAIL will offer both our current and new customers the convenience of Internet access through a web browser," said George Dunn, vice president and general manager for United States and Canadian operations for Qualcomm Wireless Business Solutions. "The system offers improved messaging and mapping services. We view this as a great communications solution for the smaller fleet."
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 new products and services that meet the demands of a constantly changing marketplace. With a Network Management Center that processes more than five million transactions each day and over 350,000 Qualcomm mobile systems shipped to businesses in more than 35 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 Code Division Multiple Access (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 90 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.