ORLANDO, Fla. -- March 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 agreements with Sony Online Entertainment Inc., a worldwide leader in massively multiplayer online gaming; and THQ Inc., a leading developer and publisher of interactive entertainment software; to develop wireless entertainment applications for Qualcomm's Binary Runtime Environment for Wireless™ (BREW™) platform.
"The addition of well-respected and talent-rich companies continues to create excitement surrounding BREW products and services in the United States, and around the world," said Gina Lombardi, senior vice president of marketing and product management, Qualcomm Internet Services. "It is evident from the success of Korea Telecom FreeTel's BREW service that compelling content, quality devices and visionary leadership, combined with the complete BREW solution, equals happy subscribers and a thriving business for all parties involved."
Other companies who have recently signed agreements to develop wireless content for the BREW platform include CINEMAELECTRIC, Inc., Com2uS Corp., Gameloft Inc. and Mobliss Inc.
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 SDK™ (Software Development Kit) 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 Company's ability to successfully 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, the availability of commercially successful applications for the BREW platform, 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.