Enron Mail

From:morning22@alerts.equityalert.com
To:alewis@ect.enron.com
Subject:Your News Alert for QCOM
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Date:Mon, 22 Oct 2001 04:41:17 -0700 (PDT)


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[IMAGE] [IMAGE] =09 As requested, your News Alert for QCOM follows from E=
quityAlert.com. QUALCOMM and Airvana Sign CDMA2000 1xEV-DO Infrastructu=
re License Agreement; QUALCOMM Ventures Makes Multi-Million Dollar Investme=
nt in Airvana SAN DIEGO, Oct 22, 2001 (BUSINESS WIRE) -- QUALCOMM Incorpo=
rated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Ac=
cess (CDMA) digital wireless technology, and Airvana Inc., a provider of th=
ird-generation (3G) wireless network infrastructure for the mobile Internet=
, today announced they have signed a multi-million dollar CDMA2000 1X Evolu=
tion Data Optimized (1xEV-DO) infrastructure license agreement. Under the t=
erms of the royalty-bearing license agreement, QUALCOMM has granted Airvana=
a license under certain QUALCOMM CDMA patents to develop, manufacture and =
sell 3G CDMA2000 1xEV-DO infrastructure equipment. Airvana has also signed =
a design transfer agreement for the development and design of CDMA2000 1xEV=
-DO infrastructure modem card equipment, which will enable high-speed wirel=
ess Internet access. As part of QUALCOMM's ongoing strategic initiatives,=
QUALCOMM Ventures has made an equity investment in Airvana to help drive t=
he rapid adoption of the wireless Internet based on 3G CDMA. "We are very=
pleased to license Airvana for the development of CDMA2000 1xEV-DO advance=
d commercial network equipment," said Marvin Blecker, senior vice president=
of technology transfer for QUALCOMM. "The demand for the wireless Internet=
is rapidly growing and it is important for companies to begin providing in=
frastructure to enable next-generation voice and data mobile services." C=
DMA2000 1xEV-DO enables "always on" data to be sent over PCS and cellular w=
ireless networks at speeds comparable to DSL or cable modems, at a lower co=
st per byte than any other 3G technology in development today. CDMA2000 1xE=
V-DO provides peak data rates up to 2.4 Megabits per second (Mbps), fast en=
ough to support demanding applications such as streaming video and large fi=
le downloads. "The broadband speed of CDMA2000 1xEV-DO, combined with our=
innovative all-IP architecture unleashes the economics of wireless data," =
said Randy Battat, president and CEO of Airvana. "Airvana's CDMA2000 1xEV-D=
O network is fast enough to support web-based phones, personal digital assi=
stants (PDAs) and laptop PCs. Our all-IP architecture allows for more rapid=
deployment, lower operational costs, and new services and revenue streams,=
which are not possible to achieve with conventional, voice-centric designs=
." Airvana Inc. (www.airvananet.com) is a privately held company formed i=
n March 2000 by a team of former senior executives from Motorola, Lucent, C=
isco and Nortel. Based in Chelmsford MA, Airvana designs and builds all-IP =
3G Radio Access Network (RAN) infrastructure equipment. Airvana employs som=
e of the best data networking and wireless professionals in the world who a=
re inspired by the belief that the Internet Protocol (IP) will change wirel=
ess networks as profoundly as it has changed wired networks. QUALCOMM Inc=
orporated (www.qualcomm.com) is a leader in developing and delivering innov=
ative digital wireless communications products and services based on the Co=
mpany's CDMA digital technology. The Company's business areas include CDMA =
chipsets and system software; technology licensing; the Binary Runtime Envi=
ronment for Wireless(TM) (BREW(TM)) applications platform; Eudora(R) e-mail=
software; digital cinema systems; and satellite-based systems including po=
rtions of the Globalstar(TM) system and wireless fleet management systems, =
OmniTRACS(R) and OmniExpress(TM). QUALCOMM owns patents that are essential =
to all of the CDMA wireless telecommunications standards that have been ado=
pted or proposed for adoption by standards-setting bodies worldwide. QUALCO=
MM has licensed its essential CDMA patent portfolio to more than 100 teleco=
mmunications equipment manufacturers worldwide. Headquartered in San Diego,=
Calif., QUALCOMM is included in the S?500 Index and is a 2001 FORTUNE 500(=
R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCO=
M. Except for the historical information contained herein, this news rele=
ase contains forward-looking statements, (including but not limited to expr=
ess or implied statements regarding the anticipated benefits to QUALCOMM fr=
om the agreement with, and investment in Airvana and the anticipated growth=
in the wireless Internet), that are subject to risks and uncertainties, in=
cluding 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 conditi=
ons of the various markets the Company serves, as well as the other risks d=
etailed from time to time in the Company's SEC reports, including the repor=
t on Form 10-K for the year ended September 24, 2000, and most recent Form =
10-Q. QUALCOMM, OmniTRACS and Eudora are registered trademarks of QUALCOM=
M Incorporated. OmniExpress and BREW are trademarks of QUALCOMM Incorporate=
d. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorpor=
ated. All other trademarks are the property of their respective owners. C=
ONTACT: QUALCOMM Incorporated Patty Goodwin, 858=
/651-4127 (Corporate Public Relations) 858/651-5873 (fax)=
pgoodwin@qualcomm.com or =
Julie Cunningham, 858/658-4224 (Investor Relations) =
858/651-9303 (fax) jcunningham@qualcomm.com =
or Blanc & Otus (for Airvana) Mich=
ele Quintaglie, 617/451-6102 ext. 228 (Public Relations) =
mquintaglie@blancandotus.com URL: http://www=
.businesswire.com Today's News On The Net - Business Wire's full file on th=
e Internet with Hyperlinks to your home page. Copyright (C) 2001 Business =
Wire. All rights reserved. -0- KEYWORD: CALIFORNIA MASSACHUSET=
TS INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE =
INTERNET SOFTWARE TELECOMM=
UNICATIONS MARKETING AGREEMENTS =
SOURCE: QUALCOMM Incorporate=
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