Dec 11, 2000SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- December 11, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM) and Tektronix, Inc. (NYSE: TEK) today announced that they have entered into an amended license agreement expanding Tektronix' existing Code Division Multiple Access (CDMA) license agreement with Qualcomm. Tektronix will use the license to develop and manufacture third-generation (3G) test solutions for the wireless industry. These next-generation products will operate on higher-capacity wireless networks, deployed to meet the growing demands for high-speed wireless data applications and Internet access.
"This 3G license agreement amendment for Qualcomm's essential patent portfolio at industry-standard royalty rates will allow Tektronix to expand its ability to develop and manufacture advanced next-generation test solutions for the 3G CDMA market, including cdma2000, WCDMA and 1xEV," said Marvin Blecker, senior vice president of technology transfer for Qualcomm. "We are pleased that Tektronix has chosen to expand its license to help meet the growing demand for CDMA wireless solutions."
"The wireless industry needs measurement tools that are capable of meeting the immediate development needs of 3G applications," said Scott Bausback, vice president, Communications Business Unit, Tektronix. "Access to Qualcomm's world-class technology enables Tektronix to create state-of-the-art 3G test solutions - and in turn, enable designers and manufacturers to successfully develop and install the infrastructure needed to meet the growing demands of today's wireless customers."
Tektronix, Inc. is a test, measurement and monitoring company providing measurement solutions to the telecommunications, computer and semiconductor industries worldwide. With over 50 years of experience, Tektronix enables its customers to design, build, deploy and manage next-generation global communications networks and Internet technologies. Headquartered in Beaverton, Ore., Tektronix has operations in 26 countries worldwide. Tektronix' Web address is www.tektronix.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; digital cinema systems; and satellite-based systems including portions of the Globalstar™ system and wireless fleet management systems, OmniTRACS® and OmniExpress™. Qualcomm owns patents that 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 24, 2000, and most recent Form 10-Q.