Qualcomm Incorporated (Nasdaq: QCOM), a leading developer of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today announced that the Administrative Law Judge issued an initial determination terminating an investigation based on a complaint filed by Nokia against Qualcomm on August 16. Administrative Law Judge Paul J. Luckern granted Qualcomm's motion to terminate the investigation in light of the arbitration pending between the parties regarding their 2001 Subscriber Unit and Infrastructure Equipment License Agreement. Judge Luckern's initial determination will become the Commission's final decision unless the Commission decides within 30 days to review the decision.
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 2007 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 24, 2006, and most recent Form 10-Q.