SAN DIEGO -- August 25, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM), a leader in providing wireless data solutions for the transportation industry, today announced that it is celebrating the 15th anniversary of its OmniTRACS® satellite mobile communications system, the industry leading solution for real-time data communications, automatic vehicle tracking and satellite positioning for the transportation industry. In the 15 years since the OmniTRACS mobile communications system was introduced, Qualcomm has shipped nearly 480,000 commercial units to businesses in 39 countries on four continents. The success of the OmniTRACS system, the Company's first complete end-to-end solution, helped revolutionize transportation logistics and provided the basis for Qualcomm's phenomenal growth and expansion into other wireless products and services.
"The OmniTRACS mobile communications system was commercially introduced on this very day in 1988, but its development goes back to the birth of Qualcomm in 1985," said Dr. Irwin M. Jacobs, chairman and chief executive officer of Qualcomm. "It has been very exciting to witness OmniTRACS' contribution to the increased performance and improved efficiency of the transportation industry. The success of the OmniTRACS mobile communications system, which makes use of both direct sequence and frequency-hopped spread spectrum technology, provided a foundation for the Company's development and commercialization of CDMA wireless technology. Qualcomm remains focused on continuing the OmniTRACS model of stressing innovations in wireless digital communications that can have major impact on living standards and quality of life worldwide."
More than 1,600 U.S. truckload fleets and 2,000 NAFTA truckload fleets depend on the OmniTRACS satellite mobile communications system and Qualcomm's Network Management Center (NMC) to communicate with drivers, monitor vehicle location and provide superior customer service. Fleet messages, ranging from text messages and vehicle positioning to driver performance and trailer-management data, are sent via satellite through the NMC to dispatch centers throughout the United States. The NMC, one of the world's largest and most reliable wireless data networks, processes more than seven million data transactions daily.
"OmniTRACS has come a long way since 1989, when we had shipped 5,000 units and our NMC processed 100,000 messages per day," said Chris Wolfe, president of Qualcomm Wireless Business Solutions. "As we move into the next chapter of wireless fleet management for the enterprise, we are excited to explore new areas of growth and innovation, while maintaining our superior products and services that have enabled us to lead the transportation industry for more than a decade."
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services worldwide 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.
Qualcomm and OmniTRACS are registered trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
August 25, 2003August 25, 2003