Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it received the prestigious Secretary of Labor's Opportunity Award for 2002. Qualcomm was awarded this significant honor based on the Company's ongoing commitment to equal employment opportunity, including its commitment to addressing current and future employment issues, and for its corporate social responsibility efforts.
Dr. Irwin Jacobs, chairman and CEO of Qualcomm, today personally received the Secretary of Labor's Opportunity Award from Victoria A. Lipnic, Assistant Secretary of the Employment Standards Administration during an awards ceremony in Washington D.C.
"Qualcomm is a leader in the business community for providing opportunities to women, people of color, veterans, and people with disabilities," said U.S. Secretary of Labor Elaine L. Chao. "Their program is a model of vision, teamwork, and commitment."
"Qualcomm has benefited greatly from the diversity in our community and in our workforce," said Dr. Jacobs. "We are focused on attracting a broad range of employees and talents and providing them with encouragement and support to achieve their desired goals and that of the company and the community. It is an honor to be recognized nationally with this special award and I would like to thank all of our employees for their personal involvement in assuring that Qualcomm provides outstanding opportunities to all."
The Secretary of Labor's Opportunity Award is one of the most desired equal opportunity awards instituted by the Office of Federal Contract Compliance Programs (OFCCP). Companies cannot submit applications to win the award and the recipient is chosen directly by the OFCCP and the office of the secretary based on the following criteria:
- Commitment to and results in enhancing the employment opportunities for minorities, women, individuals with disabilities, disabled veterans and Vietnam era veterans
- Commitment to addressing the employment issues of this decade and the next
- Proof of measurable impact through external programs
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. 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.