Feb 26, 2003SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- February 26, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced that Transport Industries, a leading supply-chain transportation systems provider, is enhancing its fleet management system with Qualcomm's satellite-based mobile communications solutions. Transport Industries has signed a contract with Qualcomm to install more than 1,400OmniTRACS® mobile communications system units over the next three months.
"For the last 14 years, Qualcomm has delivered powerful fleet tracking and management products and services to transportation carriers," said Glynn Spangenberg, vice president and general manager of transportation and logistics for Qualcomm Wireless Business Solutions.
"Transport Industries has extremely high service standards that are exceeded by the solutions Qualcomm delivers and we are pleased that they have selected Qualcomm's solutions for the long run."
"We are always looking for new ways to give our customers better service and more information," said John Anderson, president of Transport Industries. "The Qualcomm OmniTRACS system will give us the ability to quickly respond to our customers' needs through better communications with our drivers. We will also be able to feed truck location data directly into our systems, making our fleet better utilized and more efficient."
The OmniTRACS system features include real-time data communications, automatic vehicle tracking, and seamless, nationwide coverage. In addition, Transport Industries can integrate OmniTRACS data throughout its back-office systems, such as dispatch, payroll and accounting.
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, the leader in mobile communications for the transportation industry, has helped the industry become more efficient since 1988 when the introduction of the OmniTRACS mobile communications system provided companies with an innovative and effective way of managing logistics. Its fleet management solutions continue to set the standard by offering products and services that meet the demands of a constantly changing marketplace. WithOmniExpress®, a Code Division Multiple Access (CDMA)-based digital wireless communications and tracking system, along with other industry-leading technologies, Qualcomm continues to expand into new mobile markets. With a Network Management Center that processes more than seven million transactions each day and over 460,000 Qualcomm mobile systems shipped to businesses in more than 39 countries on four continents, Qualcomm continues to lead the industry in providing wireless data solutions.
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 and the OmniTRACS system 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.