SAN DIEGO -- October 17, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM) today announced that it is a recipient of the 2003 CIO 100 award from CIO Magazine. The 16th annual CIO 100 awards were presented during the fifth annual CIO 100 Symposium&Award Ceremony held in Colorado Springs, Colorado. Qualcomm's chief information officer, Norm Fjeldheim, was among 100 company executives who were identified and honored for leading elite organizations that excelled in positive business performance through resourceful IT management and practices.
"This year's CIO 100 award recipients are being honored because their companies have demonstrated resourceful use of IT systems, staff and budgets," said Abbie Lundberg, editor in chief, CIO Magazine. "Maximizing return on investment is a priority when times are tight, and these companies excel in generating greater value from limited resources."
"I am honored to be recognized by CIO Magazine for this award and to be among such an influential group of professionals," said Fjeldheim. "This award is the result of the dedication of our IT department and Qualcomm's investment in and commitment to aligning our information technology initiatives with our business strategies to produce measurable results for our internal customers."
Recipients of this year's CIO 100 Awards were selected based on how the companies demonstrated the ability to be efficient and effective during these challenging economic times. The objective was to recognize positive business performance through the resourceful use of IT systems, staff and budgets.
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.