HPNN. Why would Teleepoch need Hop-on if they already have this? I' m sure Qualcomm has their own license thru MS that would work for Telepoch....and isn't Qualcomm a real company that makes real phones?
SAN DIEGO, Sept. 27 /PRNewswire-FirstCall/ -- Qualcomm Incorporated
(Nasdaq: QCOM), a leading developer and innovator of advanced wireless
technologies and data solutions, and Teleepoch, Ltd., a Chinese mobile
solutions provider, today announced that they have entered into a
subscriber unit license agreement. Under the terms of the royalty-bearing
agreement, Qualcomm has granted Teleepoch a worldwide patent license to
develop, manufacture and sell CDMA2000(R) subscriber units. The royalties
payable by Teleepoch are at Qualcomm's standard rates.
"Qualcomm's business model of inclusion fosters both competition and
choice and is successful because of our shared commitment to the success of
our partners," said Marvin Blecker, president of Qualcomm Technology
Licensing. "We are pleased to sign this agreement with Teleepoch and
continue to enable our partners to offer innovative, low-cost products and
services to their customers."
"Teleepoch looks forward to developing, manufacturing and selling 3G
handsets that will deliver the advanced wireless capabilities that
consumers in China and worldwide demand today," said Dr. Chuan Wang,
chairman of Teleepoch. "With this license agreement, Teleepoch will enable
high-speed data services and feature-rich applications while increasing
power efficiency and cost-effectiveness."
Teleepoch Ltd. is a pioneer in providing convergent solutions and
designs of CDMA, GSM, 3G, GPS and Mobile TV handsets, data devices as well
as PDAs. The company is registered in Cayman Island with its principal
office located in Shenzhen, China.
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(R) company traded on The Nasdaq Stock Market(R) 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.
Qualcomm is a registered trademark of Qualcomm Incorporated. CDMA2000
is a registered trademark of the Telecommunications Industry Association
(TIA USA). All other trademarks are the property of their respective
owners.
Qualcomm Contacts:
Bertha Agia, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
Teleepoch Contacts:
Vincent Yan, VP of Marketing
Phone: 86-755-8602-9990
Email: Vincent.yan@teleepoch.com
SOURCE Qualcomm Incorporated
Just wondering and maybe adding a little DD here....
HPNN.
SAN DIEGO, Sept. 27 /PRNewswire-FirstCall/ -- Qualcomm Incorporated
(Nasdaq: QCOM), a leading developer and innovator of advanced wireless
technologies and data solutions, and Teleepoch, Ltd., a Chinese mobile
solutions provider, today announced that they have entered into a
subscriber unit license agreement. Under the terms of the royalty-bearing
agreement, Qualcomm has granted Teleepoch a worldwide patent license to
develop, manufacture and sell CDMA2000(R) subscriber units. The royalties
payable by Teleepoch are at Qualcomm's standard rates.
"Qualcomm's business model of inclusion fosters both competition and
choice and is successful because of our shared commitment to the success of
our partners," said Marvin Blecker, president of Qualcomm Technology
Licensing. "We are pleased to sign this agreement with Teleepoch and
continue to enable our partners to offer innovative, low-cost products and
services to their customers."
"Teleepoch looks forward to developing, manufacturing and selling 3G
handsets that will deliver the advanced wireless capabilities that
consumers in China and worldwide demand today," said Dr. Chuan Wang,
chairman of Teleepoch. "With this license agreement, Teleepoch will enable
high-speed data services and feature-rich applications while increasing
power efficiency and cost-effectiveness."
Teleepoch Ltd. is a pioneer in providing convergent solutions and
designs of CDMA, GSM, 3G, GPS and Mobile TV handsets, data devices as well
as PDAs. The company is registered in Cayman Island with its principal
office located in Shenzhen, China.
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(R) company traded on The Nasdaq Stock Market(R) 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.
Qualcomm is a registered trademark of Qualcomm Incorporated. CDMA2000
is a registered trademark of the Telecommunications Industry Association
(TIA USA). All other trademarks are the property of their respective
owners.
Qualcomm Contacts:
Bertha Agia, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
Teleepoch Contacts:
Vincent Yan, VP of Marketing
Phone: 86-755-8602-9990
Email: Vincent.yan@teleepoch.com
SOURCE Qualcomm Incorporated
Just wondering and maybe adding a little DD here....
HPNN.
