SAN DIEGO -- April 19, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it has been named one of the "Top 100 Training Organizations in America" for 2002, by Training magazine. Qualcomm, ranked 28 on the list, was recognized for having an unwavering commitment to their employees and their development. Other companies selected include IBM, Intel, Ingram Micro, Verizon Wireless and 3Com, and companies from San Diego such as Callaway Golf and Hotel Del Coronado.
Qualcomm ranked "best in class" in the telecommunications sector and was lauded for its commitment to online programs and distance/remote education. Qualcomm was selected due to its understanding of a direct link between the Company's success and the extent to which employees are encouraged to develop their own potential. Qualcomm was also cited for its innovative, on-site academic opportunities and collaborative efforts with local universities, which help advance the education of its employees.
"Qualcomm is honored to be recognized for the second consecutive year as one of the top training organizations in the United States," said Tamar Elkeles, vice president of learning for Qualcomm. "We are committed to providing our employees with exceptional development opportunities, ensuring that their learning objectives are consistent with the business goals of the Company."
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 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, 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.