Feb 19, 2002SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- February 19, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it has signed an agreement with Walt Disney Internet Group (WDIG) to create wireless content using Qualcomm's Binary Runtime Environment for Wireless™ (BREW™) applications platform. U.S. Cellular, the nation's eighth largest wireless service provider, signed a non-binding memorandum of understanding (MOU) to offer BREW-enabled products and services. Monkeystone Games, a video game developer and publisher with an emphasis on handheld platforms, founded by Doom and Quake co-creator John Romero; nGame, the number one publisher of games for wireless Internet enabled handsets in North America; and NuvoStudios, the leader in developing entertainment content for wireless devices also signed agreements to develop a variety of compelling applications that consumers will be able to download over the air, virtually anytime, anywhere using BREW-enabled handsets.
"We are very pleased to add this list of important companies to those working with the BREW platform," said Gina Lombardi, senior vice president of marketing and product management for Qualcomm Internet Services. "This announcement is a reflection of the openness of the BREW platform in full force - big brands, carriers and developers, big and small - benefiting from the complete BREW solution."
Qualcomm's BREW platform is a thin application execution environment that provides an open, standard platform for wireless devices. The BREW platform is part of a complete, end-to-end solution for wireless applications development, device configuration, application distribution, and billing and payment. The complete BREW solution includes the BREW Software Development Kit (SDK) for developers, the BREW applications platform and porting tools for device manufacturers, and the BREW Distribution System (BDS) that is controlled and managed by carriers enabling them to easily get applications from developers to market and coordinate the billing and payment process. Carriers' BREW-based services will enable consumers to customize their handsets by downloading applications over the air from a carrier's application download server. The BREW platform is a product of Qualcomm Internet Services (QIS), a division within the Qualcomm Wireless&Internet (QWI) group of Qualcomm Incorporated.
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; 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.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the extent to which any of the MOUs may result in binding definitive agreements or actual development of products, the Company's ability to design and have manufactured significant quantities of CDMA components on a timely and profitable basis, 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 30, 2001, and most recent Form 10-Q.