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WirelessDevNet.com Press Release
QUALCOMM and Continental Sign CDMA2000 Telematics Module License Agreement
SAN DIEGO, -- QUALCOMM Incorporated
(Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple
Access (CDMA) and other advanced wireless technologies, and Continental AG
(Continental), a leading global automotive supplier, today announced that they
have entered into a CDMA2000(R) telematics module license agreement. Under
the terms of the royalty-bearing agreement, QUALCOMM has granted Continental a
worldwide license under its CDMA patent portfolio to develop, manufacture and
sell CDMA2000 telematics modules.
"QUALCOMM is very pleased to license Continental, a leading supplier of
electronic control systems, brake and chassis systems and tires and other
automotive equipment, for the development, manufacture and sale of CDMA2000
telematics modules," said Marvin Blecker, president of QUALCOMM Technology
Licensing. "Continental has a strong automotive electronics control business
and this agreement contributes to fulfilling their vision of enhancing
passenger safety and automotive performance and services through the
integration of CDMA2000 wireless communications with their automotive
products."
"This license agreement will enable Continental to enhance its automotive
supply business with the addition of QUALCOMM CDMA wireless technologies and
adds a new and exciting capability to its telematics product line," said Bill
Kozyra, president and CEO, Continental Automotive Systems, North America.
"Vehicle manufacturers can now offer drivers advanced wireless communications
and safety solutions that help avoid and minimize the effects of crashes,
including features such as post crash safety and emergency assistance of
occupants while on the road."
The Continental Corporation is a leading automotive supplier of brake
systems, chassis components, vehicle electronics, tires and technical
elastomers. In 2005, the corporation realized sales of EUR13.8 billion. At
present, it has a worldwide workforce of approximately 85,000. As a worldwide
leading technology partner to the automotive industry, the Automotive Systems
Division of Continental AG integrates extensive know-how and uncompromising
quality in the fields of driving safety, embedded telematics and hands-free
communication systems, powertrain and comfort. In 2005, the division achieved
sales of approx. EUR5.2 billion with a workforce of more than 24,000.
Continental Automotive Systems develops and produces electronic and hydraulic
brake, stability and chassis control systems, electronic air suspension
systems, sensors, engine management and transmission control systems, hybrid
drives, cooling fan modules, body and security electronics, and also is the
industry leader of embedded telematics and communication systems in vehicles.
Its North America headquarters is located in Auburn Hills, Michigan. In 2006,
Continental Automotive Systems celebrates altogether 100 years of successful
automotive technologies. The slogan "Forward Thinking" points to the future
and the mission to keep pushing for new dimensions in safe mobility and the
joy of driving cars.
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(R)
company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.
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