Your News Alert for QCOM

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[IMAGE] [IMAGE] =09 As requested, your News Alert for QCOM follows from E=
quityAlert.com. QUALCOMM and KTFreeTel Reach Agreement to Commercially =
Launch BREW-Enabled Handsets and Services to Customers in November 2001=1DA=
greement Announced at PT/Wireless & Networks Comm Beijing 2001, Leading Kor=
ean Carrier is First in the World to Launch BREW Service BEIJING, Oct 24,=
2001 (BUSINESS WIRE) -- QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and =
world leader of Code Division Multiple Access (CDMA) digital wireless techn=
ology, and KTFreeTel, a leading Korean wireless carrier, today announced at=
the PT/Wireless & Networks Comm Beijing 2001 conference that the companies=
have reached an agreement for the commercial launch of KTFreeTel's applica=
tions service based on QUALCOMM's Binary Runtime Environment for Wireless(T=
M) (BREW(TM)) platform. KTFreeTel expects to roll out its BREW-enabled magi=
c n multipack(TM) service to subscribers on their third-generation (3G) CDM=
A2000 1X network beginning November 1, 2001. KTFreeTel will be the first ca=
rrier in the world to launch BREW platform services and provide customers w=
ith the ability to download wireless applications over the air -- anytime, =
anywhere. "KTFreeTel's commitment to QUALCOMM's BREW platform represents =
a bold advancement toward the future of useful wireless data services," sai=
d Peggy Johnson, president of QUALCOMM Internet Services, the division of Q=
UALCOMM responsible for the complete BREW solution. "KTFreeTel's customer f=
ocus, combined with QUALCOMM's technology leadership, takes full advantage =
of the improved capabilities of today's mobile devices to bring truly relev=
ant, useful solutions to market. For the first time, people will be able to=
choose the applications and features they want, and the BREW platform's ab=
ility to download applications over the air is the breakthrough that enable=
s this." The agreement was announced at a ceremony featuring Dr. Joo Youn=
g Song, senior vice president, KTFreeTel Multimedia Business Division and P=
eggy Johnson. "This agreement with QUALCOMM further enhances KTFreeTel's =
technology leadership and market strategy," said Dr. Song. "We've created a=
much-needed solution that will put the power to personalize cell phone ser=
vices, over the air, directly in the hands of consumers." KTFreeTel condu=
cted a successful public user trial of the BREW-enabled magic n multipack s=
ervice with 5,000 users in September and October 2001. The BREW-enabled ser=
vice allows KTFreeTel subscribers to easily download and install a variety =
of applications in a matter of seconds. For KTFreeTel's customers, this mea=
ns that the same BREW-enabled handset hardware can provide very different c=
apabilities tailored to individual interests as subscribers download the ap=
plications they want from various categories, such as games and entertainme=
nt, business applications, messaging and navigation services. More than 160=
applications are currently available from more than 20 companies, includin=
g Anicom, Gaeasoft, GeoTel and Lycos-Javagame. KTFreeTel's BREW services =
will launch on two new CDMA2000 1X BREW-enabled handsets: -- LG Electron=
ics' CX300 phone features a 256-color display, a clamshell design a=
nd dual LCD screen. -- Samsung's SPH-X2500 phone has a color display, =
a clamshell design and features Samsung's melody maker that uses a =
16-chord progression. Details of the business agreement between QU=
ALCOMM and KTFreeTel were not disclosed. QUALCOMM's BREW platform is a th=
in, standardized execution environment that resides in handsets. Native BRE=
W applications are written in C/C++. While the BREW platform supports progr=
amming in other languages, such as Java, C/C++ is used as a primary languag=
e by significantly more developers worldwide than any other language, accor=
ding to International Data Corp. QUALCOMM's BREW initiative is the only app=
roach that offers developers, OEMs and carriers a complete, end-to-end solu=
tion for wireless applications development, device configuration, applicati=
on distribution, and billing and payment. The complete BREW solution includ=
es the BREW Software Development Kit(TM) (SDK) for developers, the BREW app=
lication platform and porting tools for device manufacturers, and the BREW =
Distribution System (BDS) that enables developers and their carrier custome=
rs to get applications to market and coordinates the billing and payment pr=
ocesses for them. Carriers' BREW services will enable consumers to customiz=
e their handsets by downloading applications over the air from a carrier's =
application download server. QUALCOMM Incorporated (www.qualcomm.com) is =
a leader in developing and delivering innovative digital wireless communica=
tions products and services based on the Company's CDMA digital technology.=
The Company's business areas include CDMA chipsets and system software; te=
chnology licensing; the BREW applications platform; Eudora(R) e-mail softwa=
re; digital cinema systems; and satellite-based systems including portions =
of the Globalstar(TM) system and wireless fleet management systems, OmniTRA=
CS(R) and OmniExpress(R). QUALCOMM owns patents that are essential to all o=
f the CDMA wireless telecommunications standards that have been adopted or =
proposed for adoption by standards-setting bodies worldwide. QUALCOMM has l=
icensed its essential CDMA patent portfolio to more than 100 telecommunicat=
ions equipment manufacturers worldwide. Headquartered in San Diego, Calif.,=
QUALCOMM is included in the S?500 Index and is a 2001 FORTUNE 500(R) compa=
ny traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM. Exc=
ept for the historical information contained herein, this news release may =
contain forward-looking statements, (including but not limited to express o=
r implied statements regarding the performance of, demand for and sales of =
BREW-enabled units, or BREW applications), that are subject to risks and un=
certainties, including the extent and speed to which the BREW platform is a=
dopted and accepted by consumers and applications developers, change in eco=
nomic conditions of the various markets QUALCOMM serves, as well as the oth=
er risks detailed from time to time in QUALCOMM's SEC reports, including th=
e report on Form 10-K for the year ended September 24, 2000, and most recen=
t Form 10-Q. QUALCOMM, OmniTRACS, OmniExpress and Eudora are registered t=
rademarks of QUALCOMM Incorporated. BREW and BREW Software Development Kit =
are trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral=
QUALCOMM Satellite Services, Incorporated. All other trademarks are the pr=
operty of their respective owners. CONTACT: QUALCOMM Incorporate=
d QUALCOMM Internet Services Alison Gra=
ves, 858/651-4348 858/845-1251 (fax) a=
graves@qualcomm.com or Corporate Public=
Relations Patty Goodwin, 858/651-4127 =
858/651-5873 (fax) pgoodwin@qualcomm.com =
or Investor Relations Julie Cunningh=
am, 858/658-4224 858/651-9303 (fax) jc=
unningham@qualcomm.com or KTFreeTel =
Public Relations Sun Joo Lee, 821/620-1104=
4 sjlee@ktf.com URL: http://www.businesswir=
e.com Today's News On The Net - Business Wire's full file on the Internet w=
ith Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All r=
ights reserved. -0- KEYWORD: CALIFORNIA CHINA INTERNATIONAL ASI=
A PACIFIC INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWAR=
E INTERNET SOFTWARE T=
ELECOMMUNICATIONS MARKETING AGREEMENTS =
SOURCE: QUALCOMM Inco=
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