SAN DIEGO - October 27, 2003 - Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced that The H.T. Hackney Company, one of the largest wholesale distributors in the United States, has selected FleetAdvisor® to automate driver logs and track state mileage for fuel tax reporting to meet the Department of Transportation (DOT) Hours of Service (HOS) regulations.
H.T. Hackney selected Qualcomm's FleetAdvisor solution for their entire fleet of over 500 units across 33 locations. H.T. Hackney specializes in short haul, multiple stop deliveries to food convenience stores, drug stores, supermarkets and restaurants. FleetAdvisor automates the driver logs and trip reports required by the DOT to help ensure a company's compliance to HOS regulations.
"Qualcomm is committed to delivering complete solutions that automate and simplify DOT log and state mile reporting, and tracking required by regulatory entities while providing increased operational efficiencies for our customers," said Glynn Spangenberg, vice president and general manager, Qualcomm Wireless Business Solutions. "We're pleased to be able to provide the solutions H.T. Hackney requires."
The FleetAdvisor solution helps solve compliance reporting requirements while providing a host of other benefits such as efficiency gains and improved driver satisfaction. The FleetAdvisor system also uses exception-based alerts to manage late arrivals and departures, monitor unscheduled stops and excessive delays and track off-route miles.
"We partnered with Qualcomm for their proven technology and commitment to continued innovation," said Dean Ballinger, vice president and chief operating officer of The H. T. Hackney Company. "The FleetAdvisor solution provides us with electronic DOT log keeping and state mile crossing data for HOS compliance. We expect to see additional benefits from productivity gains as we roll out the system."
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 the FleetAdvisor system is 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.