SAN DIEGO -- September 25, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that Korea Telecom Freetel (KTF), a leading Korean CDMA carrier and the first carrier worldwide to introduce data application services based on Qualcomm's Binary Runtime Environment for Wireless™ (BREW™) applications platform, recently began a public trial of its magic n multipack™ service, which runs on the BREW platform. KTF expects to roll out commercial BREW-enabled applications and services to subscribers in November of this year, providing end users the ability to download wireless applications over the air and customize their phones with software that meets their individual needs. KTF's magic n multipack wireless multimedia service is based on the CDMA2000 1X high-speed data network and available to end users on color LCD handsets.
KTF launched its public trial of the BREW-enabled magic n multipack service at a ceremony in Seoul, Korea on Sept. 8, 2001. The trial will continue until the end of October. During the trial, 5,000 users will test the magic n multipack service on BREW-enabled handsets from manufacturers LG Electronics and Samsung Electronics. Participants in the trial were selected from more than 200,000 consumers who applied online to try out KTF's new services.
The BREW platform will allow KTF subscribers to easily customize their wireless phones with a variety of wireless applications, including games and entertainment options, as well as messaging and navigation services. Nearly 150 applications from companies, such as Gaeasoft, Geotel and Anicom, are currently available to trial users free of charge. The user experience includes three-dimensional graphics, the ability to download applications over the air and streaming video on handsets with color displays.
"Qualcomm is very pleased to introduce our BREW platform with Korea Telecom Freetel," said Peggy Johnson, president of Qualcomm Internet Services. "KTF is a very progressive service provider that understands the enormous potential the wireless Internet offers to consumers. This launch with KTF brings valuable market validation to Qualcomm's wireless Internet strategies."
Qualcomm's BREW platform is a thin, standardized applications execution environment that allows rapid development of a wide variety of applications that users will be able to download over the air from carrier networks onto any BREW-enabled phone.
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 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 extent and speed to which CDMA is deployed and the BREW platform is adopted, 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. Globalstar is a trademark of Loral Qualcomm Satellite Services, Incorporated. All other trademarks are the property of their respective owners.
September 25, 2001September 25, 2001