SAN DIEGO -- February 5, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced it has shipped the 20,000th OmniTRACS® C-Band unit to Brazil's AUTOTRAC Comércio e Telecomunicadoes. The satellite-based OmniTRACS mobile communications system, known as OmniSAT in Brazil, has led the industry worldwide for more than a decade in providing fleet management solutions. Features include real-time, two-way messaging, automatic vehicle tracking, GPS positioning and seamless coverage in Brazil.
"We are pleased to have partnered with Qualcomm, one of the wireless communication industry's leading technology innovators. OmniSAT has enabled Brazilian fleet managers to meet a critical risk management need in their fleet operations," said Nelson Piquet, president of AUTOTRAC and three-time Formula One world champion. "Increasing the level of fleet security was a real issue for the Brazilian transportation industry, and with the use of the OmniSAT system, fleet managers are able to monitor and track their vehicles, which has reduced vehicle incidents. In addition, we are expanding OmniSAT's applications locally and are successfully penetrating other markets, such as railroads, utility companies, public security and government agencies."
"We are very proud of the relationship we have established with AUTOTRAC, as well as their creativity and commitment to success in this key market. Brazil continues to be one of the most important markets for our products, and shipping the 20,000th unit to AUTOTRAC is an important milestone for Qualcomm," said Tom Armenti, vice president and general manager of international business for Qualcomm Wireless Business Solutions. "AUTOTRAC and Qualcomm have enabled global fleet managers to operate mobile communications solutions that provide enhanced security and productivity for their fleets."
A pioneer in the Brazilian transportation market since 1994, AUTOTRAC is the exclusive distributor of OmniTRACS in Brazil, where the system is marketed under the name OmniSAT. Qualcomm and AUTOTRAC have built a strong presence in Brazil, and the relationship has resulted in Qualcomm shipping 75 percent more C-Band units to AUTOTRAC in 2000 than in 1999. Recently, AUTOTRAC was recognized locally with several high-profile Brazilian trucking industry awards, including "The Best Supplier Award" from NTC-Associadão Nacional de Transporte, a Brazilian organization that consists of 12,000 transportation companies.
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. Our fleet management solutions continue to set the standard by offering 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 communications and tracking system, along with trailer tracking and other industry-leading technologies, Qualcomm continues to expand into new mobile markets. With a Network Management Center that processes more than six million transactions each day and over 370,000 Qualcomm mobile systems shipped to businesses in more than 32 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 CDMA integrated circuits and system software; technology licensing; Eudora® e-mail 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 95 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 extent to which the Company's OmniTRACS products will continue to be purchased and utilized, 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.