SAN DIEGO and WALNUT CREEK, Calif. -- July 17, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, and GBase Communications, a pioneer in IP-based distributed wireless communications systems, today announced that they have expanded the terms of their existing worldwide CDMA infrastructure license agreement. Under the terms of the multi-million dollar, royalty-bearing amendment, GBase Communications has been granted, under Qualcomm's CDMA patent portfolio, a license to develop, manufacture and sell cdmaOne™ and CDMA2000 1x/1xEV infrastructure equipment. GBase Communications will pay Qualcomm ongoing royalties at the same rates, irrespective of the licensed CDMA standard implemented.
"We are pleased that GBase Communications has expanded their infrastructure license agreement to further support the CDMA wireless market," said Marvin Blecker, senior vice president of technology transfer for Qualcomm. "This agreement will allow them to extend their product offerings and meet the need for advanced network equipment."
"Extending our license with Qualcomm demonstrates GBase's commitment to developing IP-based distributed wireless communications systems for local area network, wide area network and metropolitan area network applications," said Dr. Kiomars Anvari, president and CEO of GBase Communications. "We offer IP-based architecture that provides solutions to bridge the wireless network and the IP network, which will enable service providers to offer wireless multimedia services, including wireless Internet access and wireless IP telephony."
GBase Communications (www.gbasecom.com) is a provider of advanced, innovative, scaleable and flexible Access Network products for wireless infrastructure markets, which create significant competitive advantages for service providers. The Company is developing advanced Wireless Access Network Solution core technology that addresses public and major niche market segments. The products reflect the most current view in the market direction, (expansion of services and reduced subscriber cost to greater penetrate the market) by using technology to dramatically reduce the size and cost of wireless products which will support new services and establish new sources of revenues for the service provider customers. GBase's highly scaleable and intelligent Access Network Solution technology will enable the Company to establish strategic relationships with service providers that will cost effectively address the wireless markets as well as the In-Premises wireless market.
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; the Binary Runtime Environment for Wireless™ (BREW™) applications platform; Eudora® e-mail software; 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 100 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 2001 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.
Qualcomm, OmniTRACS and Eudora are registered trademarks of Qualcomm Incorporated. OmniExpress and BREW are trademarks of Qualcomm Incorporated. cdmaOne is a trademark of the CDMA Development Group. Globalstar is a trademark of Loral Qualcomm Satellite Services, Incorporated. All other trademarks are the property of their respective owners.
July 17, 2001July 17, 2001