BEIJING -- September 12, 2002 -- As part of its continuing program to expand its local presence in the People's Republic of China (PRC), Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced the appointments of Frank Meng as vice president of business development for China; Dr. Rau C. Chang as vice president of business development for BREW in China; and Dr. Li Ting Wei as senior director of business development for Qualcomm China in Shanghai.
"Mr. Meng, Dr. Chang and Dr. Li are all great additions to Qualcomm China and represent the latest step in our ongoing efforts to build a strong executive team to drive our expanding operations in China," said Richard Sulpizio, president of Qualcomm China. "All three have extensive experience in telecommunications and in the China market. Qualcomm is committed to China. A large part of our commitment is ensuring that we provide the highest level of support to the market, which means hiring the most capable and experienced telecommunications executives in the region."
Frank Meng most recently served as chief operation officer for the Tecom Asia Group, Beijing. In his new role at Qualcomm, he will focus on all activities related to Qualcomm's CDMA licensees in China, new product development and gpsOne™ position-location services. Meng obtained a bachelor of science degree in electrical engineering, microwave and fiber optic communications from Beijing University of Posts and Telecommunications, and his master of science degree in electrical engineering from the Polytechnic University of New York.
"This is an exciting time to enter the CDMA market in China and I am pleased to have the chance to play a big role in its development," said Meng. "I look forward to using my experience with local operators to drive the growth and capabilities of CDMA, and I am also excited to be part of the Qualcomm team."
Dr. Rau C. Chang was formerly senior vice president of market development at Lucent China. In his new role at Qualcomm, he will support Binary Runtime Environment for Wireless™ (BREW™) initiatives and focus on content development. Dr. Chang obtained a master of science degree and a Ph.D in operations research from New York University. Dr. Chang is currently a member of the board of directors for ROC (Taiwan)/USA Business Council, a member of the board of directors at Lucent China and a member of the Executive Committee for the Chinese Institute of Engineers, USA.
"I am very happy to leverage my experience to support Qualcomm and play an instrumental role in the development of the BREW platform in China," said Dr. Chang. "I am committed to creating results for Qualcomm."
Dr. Li Ting Wei was formerly technical deputy for the China Unicom CDMA Project with Lucent Technologies. In his new role at Qualcomm, he will concentrate on carrier relations and the development of CDMA wireless technologies in China. Dr. Li obtained a master of science degree in materials science from the Shanghai Institute of Metallurgy Academia Sinica and a Ph.D. in experimental physics from Kamerlingh Onnes Laboratory, Leiden University in the Netherlands.
"I am pleased to offer my knowledge and experience to help realize the significant potential opportunity for CDMA in China," said Dr. Li. "I am thrilled to join Qualcomm's strong management team to help support the expansion of China Unicom's CDMA network."
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 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, 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.