Qualcomm Empowers Consumers and Mobile Professionals with its 3G CDMA Wireless Offerings
SAN DIEGO -- December 2, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that the Company will be exhibiting and demonstrating its industry-leading wireless solutions at 2002 CDMA Americas Congress, at the San Diego Convention Center on December 3-5, 2002, in booth # 300.
Qualcomm will showcase advanced wireless technologies that are helping to accelerate and drive the adoption of third-generation (3G) CDMA voice and data services in wireless networks across the globe. The combination of higher data rates, new capabilities, and compelling devices and applications is making yesterday's promise of 3G a reality today. Leveraging CDMA2000 1X technology, Qualcomm's products and solutions are keeping wireless device users connected anytime, anywhere their carriers have 3G coverage. CDMA2000 1X is offering operators worldwide a compelling 3G business model that results in new revenue sources and increased Average Revenue Per User (ARPU), which solutions such as the Binary Runtime Environment for Wireless™ (BREW™) platform and gpsOne™ position location are helping to support.
"Qualcomm is pleased with the rapid growth of 3G CDMA deployments around the globe, as seen by recent CDMA2000 1X launches in South America, including deployments by Movilnet and Telcel in Venezuela, and EPM Bogota in Colombia," said Jeffrey K. Belk, senior vice president of marketing for Qualcomm. "Building on the 3G momentum in the United States, Monet Mobile recently deployed the first commercial CDMA2000 1xEV-DO network, providing businesses and residents in Monet's markets with high-speed wireless Internet services. To date, twenty-three operators in twelve countries are offering consumers high-quality 3G wireless services."
Live demonstrations at the Qualcomm booth will include the latest technologies supported by the Company's chipsets and system software, including gpsOne position-location wireless solutions and applications enabled by the BREW platform.
Qualcomm management will share industry expertise in several sessions during the 2002 CDMA Americas Congress, including:
Dr. Irwin Jacobs, chairman and CEO, will give a keynote address on Tuesday, Dec. 3 at 1:30 p.m. in Ballroom 6AB.
Dr. Paul Jacobs, president of the Qualcomm Wireless and Internet Group, will discuss "Conventional Wisdoms of Wireless and Why Most of them are Being Proven Wrong," on Wednesday, Dec. 4 at 2 p.m. in Room 4.
Johan Lodenius, senior vice president of marketing and product management for Qualcomm CDMA Technologies, will participate in the panel, "Effectively Driving 3G Revenue with Innovative Mobile Devices," on Wednesday, Dec. 4 at 11:30 a.m. in Ballroom 6AB.
Jan Lezny, senior director of BREW developer and OEM relations, will contribute to the "Developing Revenue Generating Services and Applications" panel on Thursday, Dec. 5 at 9:10 a.m. in Room 4.
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 and the BREW solution 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, 2002 and most recent Form 10-Q.
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