SAN DIEGO -- January 23, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it has entered into a CDMA modem card license agreement with San Diego-based Cyberlane Inc. Under the terms of the royalty-bearing agreement, Qualcomm has granted Cyberlane a worldwide license under Qualcomm's CDMA technology and patents to design and market innovative solutions for cdmaOne™ and third-generation (3G) CDMA (cdma2000, cdma2000 1xEV, TD-SCDMA, WCDMA) applications. Cyberlane will pay Qualcomm ongoing royalties at the same rates for second generation and 3G equipment, irrespective of the licensed CDMA standard implemented.
"Qualcomm welcomes Cyberlane to our growing list of CDMA modem card licensees as they begin participating in the rapidly growing CDMA market, especially for data applications through modem card implementations," said Marvin Blecker, senior vice president of technology transfer for Qualcomm. "Cyberlane's commitment to the research, design and development of CDMA technology further supports Qualcomm's vision of providing advanced CDMA-enabled wireless solutions to consumers and businesses worldwide."
"We have always believed that CDMA offers inherent advantages to meet our customers' needs for superior voice and data communication products. We look forward to working closely with Qualcomm to support this need," said Byoung-Sik Jang, CEO of Cyberlane. "This license will allow Cyberlane to continue expanding its proven record of CDMA design and development. Additionally, it will foster our organization to readily support and develop wireless-enabled devices based on all 3G CDMA standards."
Cyberlane Inc. (www.cyberlane.com) is a leading OEM supplier and forerunner in turnkey development of CDMA wireless-enabling technology and products, including mobile handsets, embedded communications modules and wireless PC Modem Cards focused on current and future 3G CDMA standards. The Company is committed to providing wireless solutions to complement the convergence of wireless voice and data-centric applications. Headquartered in San Diego, Cyberlane was established in 1997 as an R&D center for wireless handsets and communication modules. For more information, please visit the Web site at www.cyberlane.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 CDMA integrated circuits 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.