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Press Release

Briggs Equipment, Inc. Outfits Heavy Equipment Rental Fleet with GlobalTRACS

— The Nation’s 14th Largest Equipment Rental Company Looks to Qualcomm’s Solution for Additional Functionality and Efficiency

Qualcomm Incorporated (Nasdaq: QCOM), a leader in providing wireless data solutions, today announced that Briggs Equipment, Inc., the United States’ 14th largest equipment rental company and the foremost Case construction equipment distributor in North America, will outfit its entire heavy equipment rental fleet with Qualcomm’s GlobalTRACS® equipment management solution. The GlobalTRACS solution collects, manages and transmits equipment operating status and location data, all easily accessible through a Web-based application or integrated into existing back-end business software systems.

“In the equipment rental industry, being able to track utilization hours is absolutely crucial to running a successful business,” said Homer Denning, president of Briggs Equipment. “By deploying the GlobalTRACS solution to our entire fleet, we will be able to maintain our equipment at regular intervals to prevent unnecessary downtime and manage our service contracts more efficiently, which directly translates into cost reduction and better service for our customers.”

“Qualcomm is pleased to be working with Briggs, one of the nation’s largest equipment rental fleets, to help them provide even more efficient and effective services to their customers,” said Tim Lewis, senior director of construction equipment operations for Qualcomm Wireless Business Solutions. “Now, with the help of the GlobalTRACS solution, not only will Briggs significantly reduce their operating costs but they will be able to service their customers better; providing the parts, services and equipment when they need it. That translates into increased productivity for them and their customers.”

Qualcomm is the industry’s global leader in providing high-value wireless data solutions with Network Operations Centers that process more than nine million transactions each day. Qualcomm has shipped more than 523,000 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 GlobalTRACS products are deployed, 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.

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Qualcomm, Qualcomm Dragonwing and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated.

Qualcomm and GlobalTRACS are registered trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our leading-edge AI, high performance, low-power computing, and unrivaled connectivity deliver proven solutions that transform major industries. At Qualcomm, we are engineering human progress.

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