Qualcomm Incorporated (Nasdaq: QCOM) today announced an agreement with Broadcom to dismiss without prejudice all patent-related claims and counterclaims, and to dismiss with prejudice all trade secret misappropriation claims asserted by either party in two lawsuits that were pending in San Diego Federal Court (Case Nos. 05 CV 1392 and 05 CV 0660). Among the claims being dismissed are claims of patent infringement under six Broadcom patents and under four Qualcomm patents, and claims by each party that the other had misappropriated its trade secrets. The remaining patent infringement claims between the parties in federal courts in Orange County, Calif. and in the U.S. International Trade Commission (ITC) are unaffected by the agreement. The dismissal of the patent and trade secret misappropriation claims eliminates the need for five separate jury trials scheduled throughout 2007, the first of which had been scheduled to begin on March 19, 2007.
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 2006 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.