Qualcomm Incorporated (Nasdaq: QCOM), the leading provider of wireless data solutions, today announced that it has reduced the price of its OmniExpress mobile communications solution to $990 per unit effective immediately. In addition, with the introduction of the third-generation (3G) version of OmniExpress slated for June 2005, monthly service plans for messaging will be reduced from the current low of $19.95 per unit. This new pricing structure ensures that the OmniExpress solution remains a cost-effective fleet management tool for carriers operating in metropolitan areas and major highways.
“The OmniExpress solution is an effective way to reduce operating costs while increasing productivity and security, delivering key benefits to truckload carriers,” said Norm Ellis, general manager and vice president of Transportation and Logistics, Qualcomm Wireless Business Solutions. “By reducing the costs associated with implementing and operating OmniExpress, Qualcomm is making it even easier for the industry to reap the benefits of this solution.”
Qualcomm’s OmniExpress system is a Code Division Multiple Access (CDMA)-based digital wireless fleet management system that provides near real-time, two-way communications and vehicle position reporting for improved mobile worker productivity and operations administration. Features include two-way data communications, store-and-forward messaging, automatic vehicle tracking using an integrated global positioning system (GPS), as well as data integration capabilities with routing and scheduling systems, and business-specific office applications. The 3G version of OmniExpress will also be available with Qualcomm’s new automated arrival and depart capability, allowing fleets to automatically track planned and unplanned stops without any driver input.
Qualcomm has helped the transportation industry become more efficient since 1988 when the introduction of the OmniTRACS mobile communications solution provided transportation companies with an innovative and effective way of managing logistics. Today 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 567,000 Qualcomm mobile systems to businesses in 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 2004 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 OmniExpress 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 26, 2004, and most recent Form 10-Q.