SAN DIEGO -- January 24, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it was named one of FORTUNE magazine's "100 Best Companies to Work for in America," making it the fourth consecutive year with a jump to number 8 in the list ranking.
"Qualcomm is very honored to be recognized by FORTUNE magazine as one of the best companies to work for in America," said Dr. Daniel L. Sullivan, executive vice president of human resources for Qualcomm. "Being chosen for the fourth consecutive year demonstrates the Company's ongoing commitment to providing its employees with a positive work environment. As a result, our employees continue to contribute significantly to the expansion of the worldwide wireless telecommunications market."
The rankings, which will appear in the February 4 issue of FORTUNE magazine, were compiled by FORTUNE with the help of Robert Levering and Milton Moskowitz, the best-selling authors of The 100 Best Companies to Work for in America. The list is based on the results of extensive research, analysis and a poll of more than 44,848 employees at 279 companies nationwide. More than 18,000 employees also provided written comments. The remainder of the score is based on FORTUNE's evaluation of company responses to the Great Place to Work Institute's Culture Audit.
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; QChat push-to-talk technology; 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.