Press Release

Qualcomm Named "Company on the Rise" by Diversity Magazine

Dec 18, 2001SAN DIEGO

Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.

SAN DIEGO -- December 18, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), today announced that it has been named one of Diversity magazine's "Companies on the Rise." The magazine applauds Qualcomm's efforts for striving to embrace and encompass diversity into their policies, culture and work force.

Qualcomm was selected due to its active involvement in INROADS as well as GEM, which matches minority graduate students with companies that pay for their fellowships in return for two summer internships. The Company also has relationships with minority engineering programs at local universities. Qualcomm encourages employees to become involved in organizations such as the Society of Hispanic Professional Engineers and the Society of Woman Engineers.

"Qualcomm is honored to be recognized for its diversity progress and programs," said Dr. Daniel L. Sullivan, executive vice president of human resources for Qualcomm. "We will continue to embrace the principle that a diverse, inclusive work force is a powerful contributor to achieving industry leading levels of innovation and business performance."

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 development 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.

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Qualcomm, OmniTRACS, OmniExpress and Eudora are registered trademarks of Qualcomm Incorporated. BREW is a trademark of Qualcomm Incorporated. Globalstar is a trademark of Loral Qualcomm Satellite Services, Incorporated. All other trademarks are the property of their respective owners.

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