Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology and KTF, a leading South Korean wireless operator, today announced that KTF has signed an agreement to become a BREW Global Publisher (BGP) for applications developed for Qualcomm's Binary Runtime Environment for Wireless™ (BREW) platform. The agreement authorizes KTF, the first operator in the world to launch BREW-based services and now the first to become a BGP, to assist developers with the export and distribution of wireless applications to other operators around the world that are offering BREW-based services. These other operators include Verizon Wireless, ALLTEL and U.S. Cellular in the United States, KDDI in Japan, China Unicom, VIVO (the joint venture between Telefónica Móviles and Portugal Telecom) in Brazil and Telstra in Australia.
As a BREW Global Publisher, KTF will be able to make available the more than 500 different applications in its BREW-based magic n multipack™ catalog to wireless users across the globe that subscribe to a BREW-based service. This agreement is advantageous for both KTF and its developer community, because KTF will benefit from increased revenue as a global application publisher, and developers will benefit from increased global exposure and sales opportunities.
"KTF's role as a BREW Global Publisher is great news for Anicom as it will continue to expand the global reach for our BREW-based wireless applications," said Mr. Seung Jin Park, president of Anicom, a leading mobile entertainment content provider. "What's more, the BREW solution allows KTF and Anicom to effectively manage and bill for our applications no matter where they are distributed."
"By becoming a BREW Global Publisher, KTF continues to pioneer the wireless Internet. This agreement is a testament to their leadership, and to their commitment to support their top-notch BREW developer community by enabling them to make money overseas," said Peggy Johnson, president of Qualcomm Internet Services. "This agreement signifies KTF's success with BREW and further validates that BREW is enabling a truly global virtual application marketplace."
Since becoming the world's first wireless operator to launch BREW-based services in November 2001, KTF has seen the number of subscribers to its magic n multipack service reach more than four million, representing an impressive 40 percent of the operator's total subscriber base. More than 50 BREW-enabled handsets have been made available to KTF subscribers since the service first launched. Recently, KTF subscribers began accessing and enjoying robust applications on its CDMA2000 1xEV-DO network, including streaming video and other multimedia content.
Qualcomm will host the inaugural BREW Developers Conference in South Korea, "BREW 2003 - Seoul," on July 14, 2003. The conference provides a forum to learn more about how they can participate in the global marketplace created by Qualcomm's BREW solution and BGP's like KTF, as well as an opportunity to meet industry influencers, experts and peers, to network and share business insights, and to advance their technical knowledge.
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 application development and distribution, device configuration, and billing and payment.
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 the S&P 500 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 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.