SAN DIEGO -- December 17, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM) today announced that its Board of Directors elected to appoint Mr. Raymond V. Dittamore to the Board. Dittamore will fill the vacancy on the board created by Mr. Neil Kadisha's resignation earlier this year. His term as a member of the board of directors continues until the shareholder election in 2004.
"We are pleased to welcome Ray as a member of Qualcomm's Board of Directors," said Dr. Irwin M. Jacobs, chairman and CEO of Qualcomm. "His long career with Ernst&Young, extensive accounting background and many community activities should make him a valuable addition to our board."
Dittamore brings a wealth of experience in accounting to the board. He retired in June 2001 from Ernst&Young LLP after 35 years, including 14 years as managing partner of the San Diego office and four years as managing partner of the Brussels office. Dittamore currently serves on the board of directors of Invitrogen Corporation, Gen-Probe Incorporated and Applied Molecular Evolution. Dittamore holds a bachelor of science degree from San Diego State University.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's Code Division Multiple Access (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, 2002, and most recent Form 10-Q.
Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
December 17, 2002December 17, 2002