Qualcomm has granted Axesstel an expanded CDMA license

February 9, 2005

1 Min Read

SAN DIEGO -- QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, and Axesstel, Inc. (Amex: AFT), a leading designer, developer and marketer of fixed wireless voice and data products for the worldwide telecommunications market, today announced that the companies have expanded the scope of their existing license agreement. Under the terms of the new worldwide, royalty-bearing license, QUALCOMM has granted Axesstel a patent license to develop, manufacture and sell mobile cdmaOne(TM) (IS-95) and CDMA2000(R) subscriber units. Axesstel had previously been licensed solely for cdmaOne and CDMA2000 fixed wireless terminals.

"QUALCOMM is pleased to enter into this expanded agreement with Axesstel and looks forward to their continued success with their CDMA fixed wireless product line and any future mobile CDMA products that they may market," said Marv Blecker, senior vice president and general manager of technology licensing for QUALCOMM.

"Axesstel is pleased to obtain a license from QUALCOMM to manufacture and sell mobile products," said Mike Kwon, Chairman and CEO for Axesstel. "The expanded agreement ensures that all of Axesstel's current fixed wireless CDMA-based products are within the scope of the license and resolves any concerns and potential uncertainty related to our license rights as cited in our recent SEC filings, and the impact to our business and operations is expected to be minimal."

Qualcomm Inc.

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