Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today announced it has expanded the terms of Casio Computer Co., Ltd.'s existing subscriber unit license agreement to include all 3G CDMA standards (i.e., CDMA2000®, WCDMA/UMTS, TD-SCDMA). Under the terms of the royalty-bearing expansion, Qualcomm has granted Casio a worldwide license under Qualcomm's CDMA patent portfolio to develop, manufacture and sell subscriber units implementing any 3G CDMA standard. The royalties payable by Casio are at Qualcomm's standard rates and are the same irrespective of the CDMA standard implemented by the subscriber unit.
"Qualcomm is pleased to license Casio, a leading consumer electronics company, for the manufacture and sale of 3G subscriber units," said Marvin Blecker, president of Qualcomm Technology Licensing. "This license will allow Casio to offer 3G handsets that provide consumers the opportunity to have high-quality, high-speed, wireless access to feature-rich multimedia applications and services. Casio's initiative to add WCDMA products to their product line is a testament of yet another manufacturer recognizing the market value of 3G products."
"WCDMA is a rapidly-growing worldwide standard for providing advanced mobile wireless services," said Kanji Ozawa, director of business development, Casio Hitachi Mobile Communications. "Qualcomm, as the leader of CDMA technologies, continues to promote competition, innovation and technological advancement through its broad licensing program and offering of a comprehensive array of chipset and software solutions. This license agreement will enable us to expand our product offering to include a wide variety of WCDMA devices, fulfilling the needs of the 3G market."
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.
