CAMPBELL, Calif. -- April 28, 2003 -- SnapTrack, Inc., a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM) and pioneer of Wireless Assisted GPS™ location systems, and Gaeasoft Corp, South Korea's leading provider of mobile solutions platforms, today announced an agreement to provide South Korean carriers with SnapTrack's high-performance SnapSmart™ Assisted Global Positioning System (A-GPS) location server software to enable precision wireless location for mobile phones. SnapTrack's position location technology enhances Qualcomm's innovative embedded A-GPS solutions, including the gpsOne™ hybrid A-GPS solution supported in Qualcomm's MSM™ family of wireless modems. gpsOne is the world's most broadly deployed precision location solution for determining the position of mobile phones and other wireless devices, with over 10 million devices in use today.
Gaeasoft chose the award-winning SnapTrack solution because it provides superior performance in terms of implementation flexibility, accuracy, sensitivity and in-building coverage, and can rapidly determine a user's location.
"Gaeasoft believes the market potential for personal location and navigation services in South Korea is huge, and by offering a premium server solution with SnapTrack's Wireless Assisted GPS (Global Positioning System) technology, Gaeasoft will enable its customers to add high-performance location functionality to their products with minimal effort and expense," said Mr. Francis Kim, Director of LBS Business Unit at Gaeasoft Corp. "Personal location technology will give wireless phone users access to a broad array of location-based services to make their lives easier and more productive."
Under the terms of the commercial agreement, Gaeasoft will provide and integrate SnapTrack's Wireless Assisted GPS software into South Korean carrier-class mobile positioning server platforms, and will market the SnapTrack-based location server to wireless carriers in South Korea as a platform for value-added location-based services. SnapTrack will allow Gaeasoft to use its personal location technology and provide technical support to operators that purchase the system. In addition, Gaeasoft will co-operate with SnapTrack to produce compelling precision location-based applications that combine Qualcomm's BREW™ solution for mobile data services with the Qualcomm gpsOne A-GPS system.
"We're very pleased to be working with Gaeasoft, a leading developer of BREW-based wireless solutions and applications in South Korea, to provide South Korean carriers with a powerful location-based services capability," said Dr. Kamil Grajski, senior vice president and general manager of SnapTrack. "This agreement will provide a wider range of product choice to carriers and service providers for meeting their location server needs, and spur the development of commercial location-based services and applications."
Gaeasoft sees a rapidly expanding location services market in South Korea that will include personal navigation and mobile directory assistance services, sales force and corporate asset tracking and coordination, "friend finder" and child tracking services, location sensitive billing for alerting customers to special toll-rate area discounts, location-enabled entertainment, and enhanced vehicle fleet management.
Qualcomm's gpsOne A-GPS solutions, featuring SnapTrack technology, offer robust data availability under the most challenging conditions, whether in concrete-and-steel high-rises, convention centers, shopping malls or urban canyons. Qualcomm's suite of gpsOne solutions are integrated into the industry-leading Qualcomm MSM series of wireless modems and include both hybrid and multimode implementations, and are supported for IS-95/CDMA20001X/1xEV-DO and GSM/GPRS/UMTS. gpsOne enhances location services availability, expands terrain coverage, accelerates the location determination process and provides better accuracy for callers, whether during emergency situations or while using GPS-enabled commercial applications. gpsOne also protects privacy with its built-in Location at Hand feature, allowing users to control their location information in most commercial implementations. gpsOne capabilities are implemented in handsets through Qualcomm's Mobile Station Modem (MSM™) and MGP (Mobile GPS Processor) chipsets and system software, and in networks through SnapTrack's SnapSmart location server software. There are currently more than 10 million A-GPS-enabled handsets or terminals in use worldwide based on technology from Qualcomm and SnapTrack.
Qualcomm's BREW solution is a complete product and business system for the development and over-the-air deployment of data services on wireless devices. The BREW solution provides the necessary tools and value-added services to developers, device manufacturers and wireless operators for the application development and distribution, device configuration, and billing and payment.
Since its inception in 1998, Gaeasoft has been building South Korea's leading mobile technologies. Gaeasoft has the platforms for location-based information services and solutions for mobile entertainment. Gaeasoft was appointed to be a primary developer of compiler technology as a member of the consortium for "the mobile standard platform development project" led by the Telecommunication Technology Association, an entity of the MIC. Gaeasoft also provides mobile entertainment services including ring tones, animation character download, and community services based on our mobile solutions. Gaeasoft's services include KTF Magic's animation world, sound world, letter world and short messaging services, as well as at Multi-pack, Theme Park, Daum Cafe (online community), hanmail (email services), magic book and Sky Love Net Meeting. KTF's multipack service was the first commercial debut of Qualcomm's BREW solution. Gaeasoft has focused on developing and providing various BREW-based applications. Gaeasoft will take the South Korean mobile communication technology to a new height by standardizing technology and expanding services based on expertise.
Headquartered in Campbell, California, SnapTrack pioneered Assisted- GPS and owns patents that are fundamental to the cost-effective deployment of Assisted-GPS-based location systems. SnapTrack's Assisted-GPS technology enhances Qualcomm's A-GPS location solutions (including the gpsOne solution for CDMA), and MSM position-enabled chipsets offer anytime, anywhere, accurate, high-speed location of a wireless caller, even inside buildings where conventional GPS does not operate. The Company's Assisted-GPS products support standards-based implementations on synchronous and asynchronous networks and include the SnapSmart™ location server software system, the SnapCore™ multimode GPS solution and the SnapWARN™ GPS reference data feed service. For more information, please visit www.snaptrack.com.
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 is a 2003 FORTUNE 500® company 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 Companies' 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, A-GPS, gpsOne, and other such technologies are deployed and accepted in the market, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Companies' SEC reports, including the report on Form 10-K for the year ended September 30, 2002, and most recent Form 10-Q.