Qualcomm Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced that two new members have joined its Advisory Council to further the development of Qualcomm's untethered trailer asset management system for the transportation and logistics industry. Leading transportation management software providers, Maddocks Systems and TMW Systems, have joined the newly-chartered Advisory Council to offer back-office integration for customers.
The Qualcomm Consortium, created in August 2003, consists of executives from leading companies in transportation and mobile asset driven industries. The Advisory Council consists of strategic partners with a charter to provide critical integration capabilities from trailer installation through to the customer's back-office enterprise.
"Maddocks Systems and TMW Systems are uniquely positioned to help enable the widespread adoption of untethered trailer tracking," said Glynn Spangenberg, vice president and general manager of Qualcomm Wireless Business Solutions. "Integrated mobile asset tracking, now including trailer tracking, promises to be the next revolutionary technology in the transportation business. Electronically linking critical mobile events throughout the enterprise as they occur will enable motor carriers to secure and transport the nation's cargo with much greater efficiency."
The untethered trailer asset management system will improve trailer utilization and provide enhanced security for high-value or high-security-risk loads by providing sophisticated on-board hardware, advanced power management, complete network services, an array of sensors and extensive data integration capabilities, using state-of-the-art, tri-mode (digital cellular, PCS and analog) communications.
Since 1989, Qualcomm has provided its tethered tracking system to more than 35,000 trailers within the NAFTA region. TrailerTRACS® provides trailer ID, drop-and-hook notification, location, status and information when connected to an OmniTRACS® equipped tractor. The untethered trailer tracking system being developed will offer these same features plus a variety of other options, including door and cargo sensors, over-the-air feature update capabilities, multiple delivery solutions to Web and AS400 platforms, and visibility of assets and loads whether or not a trailer is connected to a tractor.
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 as of October 2003 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 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 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 28, 2003, and most recent Form 10-Q.