Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, and Vanu, Inc., a provider of software radio-based wireless infrastructure solutions, today announced that they have signed a worldwide infrastructure software license agreement. Under the terms of the royalty-bearing agreement, Qualcomm has licensed Vanu certain Qualcomm patents to develop, manufacture and sell infrastructure software products using CDMA2000® technology.
"Licensing Vanu demonstrates Qualcomm's continued commitment to enable a wide variety of competitive suppliers of 3G products worldwide," said Marvin Blecker, president of Qualcomm Technology Licensing. "This license agreement will enable Vanu to provide portable system software to wireless operators, offering a cost-effective solution for upgrading their existing networks."
"Vanu is pleased to work with Qualcomm, a leading developer and supplier of CDMA technology, to bring flexible communications systems to commercial operators around the world," said John Winn, vice president of sales and marketing, Vanu, Inc. "This license will enable us to complement our ability to simultaneously implement multiple standards on a single network, offering operators a choice of wireless infrastructure platforms. CDMA2000 technology, combined with our software radio technology, allows us to introduce software products that offer an alternative to bulky, expensive infrastructure hardware."
Vanu, Inc. is the developer of the Anywave™ Base Station, the world's first U.S. Federal Communications Commission (FCC)-certified software radio. The Anywave Base Station affords greater flexibility than traditional radios and offers wireless network operators the ability to lower CAPEX and OPEX and to use their spectrum more efficiently. Vanu applies modern engineering techniques to the high-speed signal processing elements at the core of wireless devices to create portable software radio applications increasing the pace of innovation in wireless devices. Vanu licenses software radio components and applications and provides design-consulting services to wireless OEMs, system integrators and service providers. Vanu was founded in 1998 and is based in Cambridge, Mass. www.vanu.com
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2005 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 Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA 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 25, 2005, and most recent Form 10-Q.