SAN DIEGO -- October 23, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced it has shipped over 400,000 OmniTRACS® mobile communications system units. The OmniTRACS system successfully provides satellite-based two-way data messaging, automatic vehicle positioning, and complete dispatch and back-office integration capabilities.
"Shipping over 400,000 OmniTRACS mobile communications system units marks an important milestone for Qualcomm," said Chris Wolfe, president of Qualcomm Wireless Business Solutions. "For more than a decade, Qualcomm customers worldwide have been increasing revenues, enhancing security, saving lives and improving productivity with the OmniTRACS mobile communications system."
With the introduction of OmniExpress®, a Code Division Multiple Access (CDMA)-based digital wireless communications and tracking system, along with other industry-leading technologies, Qualcomm continues to expand into new mobile markets. Qualcomm continues to set the industry standard, with a Network Management Center that processes more than seven million transactions each day.
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.