SAN DIEGO -- February 22, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced an amendment to eAnywhere Telecom Inc.'s existing CDMA subscriber unit license agreement which expands the licenses under Qualcomm's CDMA patent portfolio to include the development, manufacture and sale of subscriber equipment for WCDMA and TD-SCDMA products. Prior to the amendment, eAnywhere Telecom's CDMA license covered only cdmaOne™, cdma2000 and cdma2000 1xEV applications. Under the terms of the amendment, eAnywhere Telecom will pay Qualcomm a license fee and ongoing royalties at the same rates irrespective of the licensed CDMA standard.
"This extended license agreement will enable eAnywhere Telecom to expand its wireless product offerings that allow high-speed wireless access to the Internet. Qualcomm is excited to continue working with eAnywhere Telecom in its efforts to manufacture these much demanded products," said Steve Altman, president of Qualcomm Technology Alliances. "This agreement with eAnywhere Telecom illustrates yet again the applicability of Qualcomm's patent portfolio to all third-generation CDMA systems."
"Qualcomm's CDMA technology will enable eAnywhere Telecom, Inc. to enhance its manufacturing capabilities and to develop products for wireless communications and mobile computing," said Dr. Peter Siao, president and CEO of eAnywhere Telecom, Inc. "Through this license agreement, eAnywhere Telecom will be in a strategic position to be a valuable player in the 3G CDMA marketplace."
eAnywhere Telecom, Inc. is an innovator and manufacturer of next-generation digital wireless communications devices. eAnywhere Telecom Group is unique in that it has operations in North America, South America and Asia. eAnywhere Telecom investments include 3G Cellular, Inc., an R&D facility in San Diego, Calif., eMobile, Inc., a Shanghai-based manufacturing facility, Vicom, a Brazil-based manufacturing and distribution center, Galaxy Information Technology, Inc., an R&D center located in Beijing, China, and eAnywhere Wireless, and an R&D center located in Seoul, Korea. Global operations allow the Company to take advantage of the high tech resources and emerging technologies available in San Diego's "Wireless Valley" while having direct access to the tightly controlled handset markets and low cost manufacturing and distribution channels in both China and Brazil. Built in the international arena, on a solid business and technical platform, eAnywhere Telecom, Inc. is positioning itself to be the leading provider of wireless communication devices with wireless Internet applications for emerging global markets.
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; 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 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.