SAN DIEGO -- October 28, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced that it has shipped 450,000 mobile communications units worldwide and that 36 new U.S. carriers have signed agreements to use the wireless fleet management system in Qualcomm's quarter ended September 2002. Some of the 36 fleets that signed on as new Qualcomm mobile communications customers include: AG Trucking, Builders Transportation Co., Dupre Transport, Express Leasing, Luckey Trucking, MST Express, New Line Transport, Oak Harbor Freight Lines, Pottles Transportation, Specialized Transportation Services, Victory Leasing and Wegmans Foodmarkets.
"Qualcomm's mobile communications solutions continue to outperform our customer's expectations," said Glynn Spangenberg, vice president of Transportation&Logistics business operations for Qualcomm Wireless Business Solutions. "Qualcomm remains committed to helping its customers with industry-leading wireless data technologies that enable fleets to gain operational efficiencies and improve over the road security at the same time."
Citing security as the leading factor in its decision, Dupre Transport, LLC, a logistics service provider with a heavy concentration of flammables and other hazardous materials products and one of the 36 customers to sign with Qualcomm this quarter, will begin deployingOmniTRACS® system units in their fleet immediately.
"Our customers rely on us to safely deliver their cargo while providing excellent customer service," said Tom Voelkel, executive vice president and COO, Dupre Transport, LLC. "We believe that Qualcomm's fleet management systems will enable us to have on-demand in-transit visibility of our operations for improved safety and security, while obtaining value for our company through productivity gains and operating efficiencies."
Dupre Transport is a diversified transportation and logistics company whose purpose is to design and deliver safe and profitable logistics solutions and services that help its customers beat their competition. The company's three business groups; Tank, Van and Dedicated Logistics, are headquartered in Lafayette, La. For more information on Dupre, visit its Web site www.dupretransport.com.
Qualcomm's OmniTRACS system is a satellite-based mobile communications and tracking system that provides real-time messaging and position reporting between fleets and their operations centers. Messages are sent via satellite through Qualcomm's Network Management Center to dispatch centers throughout the United States. The OmniTRACS system is an interactive, fully integrated information management system that includes two-way mobile communications, satellite tracking and fleet management software.
Qualcomm'sOmniExpress® system is a Code Division Multiple Access (CDMA)-based digital wireless communications solution that offers metropolitan areas and major highway corridors continuous, two-way data, and voice communication vehicle tracking, and effective information management.
Qualcomm has helped the transportation industry become more efficient since 1988 when the introduction of the OmniTRACS mobile communications system provided transportation companies with an innovative and effective way of managing logistics. Today, Qualcomm's fleet management solutions continue to set the standard by offering products and services that meet and exceed the demands of a constantly changing marketplace. Now, with OmniExpress, a CDMA-based digital wireless communications and tracking system, along with other industry-leading technologies, Qualcomm continues to expand into new mobile markets. Qualcomm is the industry's global leader in providing high-value wireless data solutions with a Network Management Center that processes more than seven million transactions each day and over 450,000 Qualcomm mobile systems shipped to businesses in more than 39 countries on four continents.
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 extent to which the Company's OmniTRACS and other mobile communications products are 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.
Qualcomm, OmniTRACS and OmniExpress are registered trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
October 28, 2002October 28, 2002