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SAN DIEGO, Calif. July 28, 2008 -- Qualcomm Incorporated and MYWAVE Electronics S.p.A.
(MYWAVE),
an Italian
electronics company, today announced that they have entered into a
module/modem card patent license agreement. Under the terms of the
royalty bearing agreement, Qualcomm has granted MYWAVE a worldwide
license to develop, manufacture and sell modem cards and modules
implementing the WCDMA and/or TD-SCDMA
standards. The royalties payable by MYWAVE are at Qualcomm's standard
worldwide rates and are the same irrespective of which CDMA standard is implemented by the module or modem card.
“This license agreement with Italian electronics company MYWAVE
demonstrates Qualcomm's commitment to enabling a dynamic and
competitive mobile marketplace in Europe and throughout the rest of the
world by continuing to grow its list of diverse licensees,” said Marvin
Blecker, president of Qualcomm Technology Licensing. “MYWAVE will now
add 3G
CDMA capabilities to their current wireless product offerings,
increasing the choices available to European consumers and businesses
to stay connected no matter where they are.”
“This license agreement to Qualcomm's patented technologies, the key
innovations driving 3G CDMA, provides MYWAVE with the ability to
fulfill consumer demand for mobility and high-speed data access,” said
Corrado Martuscelli, General Manager of MYWAVE. “Europe is experiencing
rapid growth of 3G CDMA subscribers and as this growth continues in the
region and worldwide, the addition of 3G modules and modem cards to our
line of products will offer our customers more complete solutions to
enable them to stay connected while on the go.”
About MYWAVE Electronics
MYWAVE Electronics S.p.A. is an Italian company focusing on the
electronic industry. Through its Telecommunication Business Unit,
MYWAVE designs, develops and provides 3G data terminals to major
network operators mainly in the EMEA market. Furthermore, by way of its
own R&D center and manufacturing facilities, MYWAVE provides ODM
and EMS engineering services to the market.
Information Source: Qualcomm
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