Oct 20, 2003SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN ANTONIO -- October 20, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced several innovative new technologies for its fleet management solutions at the American Trucking Association (ATA) Management Conference&Exhibition. These new technologies reaffirm Qualcomm's dedication to offering state-of-the-art wireless solutions that enable transportation carriers to protect their assets and improve fleet efficiency and productivity. Qualcomm also announced that it will ship its 500,000th mobile unit before the end of the year, continuing its 15 years of technology innovation.
"Qualcomm's wireless solutions are built on over 15 years of R&D and visionary engineering," said Chris Wolfe, president of Qualcomm Wireless Business Solutions. "Our legacy of technology advancements, such as the high data rate over satellite technology currently being tested, is the reason we will be celebrating this new milestone of 500,000 mobile units, which includes Qualcomm's OmniTRACS, OmniExpress, GlobalTRACS and FleetAdvisor solutions."
Qualcomm is beginning the first phase of its on-the-road testing for its high data rate over satellite technology, which will enable carriers to send large volumes of data at 10 times the existing rate that Qualcomm customers enjoy today, resulting in the faster transfer of load assignments, delivery instructions and other information directly to drivers while on the road. The technology, which has been thoroughly tested in laboratory environments since its announcement last March, has now been packaged into a self-contained housing unit for the on-the-road trials. Beginning in San Diego on Oct. 21, a truck outfitted with a trial unit will travel to the far corners of the United States to test the performance of the high data rate technology under all weather and coverage conditions.
Qualcomm plans forward compatibility of its solutions with the Society of Automotive Engineers (SAE) J1939 global standard on transmission of electronic signals and control information among vehicle components. With J1939 compatibility, Qualcomm products will be able to support OEM-integrated command and control safety and security features such as remote disabling of the truck over the air and remote locking and unlocking of trailer doors.
Qualcomm has helped the transportation industry become more efficient since 1988 when the introduction of the OmniTRACS® mobile communications system provided transportation companies with an innovative and effective way of managing logistics. Today, Qualcomm's fleet management solutions continue to set the standard by offering products and services that meet and exceed the demands of a constantly changing marketplace. Now with FleetAdvisor®, a paperless solution to ensure DOT and IFTA regulatory compliance; GlobalTRACS®, an equipment management system for the construction equipment industry; and other industry-leading technologies, Qualcomm continues to expand into new mobile markets.
Qualcomm is the industry's global leader in providing high-value wireless data solutions with a Network Management Center that processes more than seven million transactions each day and has shipped over 490,000 Qualcomm mobile systems to businesses in more than 39 countries on four continents.
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 extent and speed to which OmniTRACS products are 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.