SAN DIEGO -- September 24, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, and Mobens Company, developer of CDMA test and measurement instruments, today announced that they have entered into a CDMA test equipment license agreement. Under the terms of the agreement, Qualcomm has granted Mobens Company a royalty-bearing license to use Qualcomm's CDMA technology and patents to design and market test equipment products for cdmaOne™ and third-generation (3G) applications, including CDMA2000 1X/1xEV, TD-SCDMA and WCDMA. Additionally, Mobens Company has the ability to purchase Qualcomm's advanced chipsets and system software solutions for use in their licensed products.
"We are pleased to add Mobens Company to our growing list of licensees who recognize the significance of CDMA technology and Qualcomm's CDMA patent portfolio for the development of advanced wireless communications," said Marvin Blecker, senior vice president of technology transfer for Qualcomm. "The agreement allows Mobens Company the opportunity to support the current CDMA market while helping to enable the rapid deployment of 3G CDMA systems with commercial test equipment."
"Mobens Company is committed to providing its customers the most advanced CDMA test equipment for the rapidly growing wireless communications market," said Jongjae Kim, CEO of Mobens Company. "This agreement strengthens Mobens' ability to extend its world-leading product portfolio to include CDMA technologies, and help meet the demand for high-quality wireless products and solutions."
MOBENS is a producer of telecommunication-related equipment in the field of information and telecommunication. The Company's main products are measuring systems related to CDMA Cellular, PCS, WLL, and IMT-2000. MOBENS also develops ASIC and telecommunication systems. The Company has developed advanced products and will develop new products embodied by advanced technology for the near future. For more information, please visit www.mobens.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 chipsets 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.
September 24, 2001September 24, 2001