Qualcomm, Exoteq sign OFDM/OFDMA license agreement

SAN DIEGO, USA: Qualcomm Inc., a leading developer and innovator of advanced wireless technologies and data solutions, and Exoteq Aps, a mobile broadband solutions developer based in Denmark, have signed a new, commercial OFDM/OFDMA license agreement.

Under the terms of the worldwide, royalty-bearing agreement, Qualcomm has granted Exoteq a patent license to develop, manufacture and sell subscriber unit and modem card products for high-speed mobile broadband access based on OFDM/OFDMA technologies, including Qualcomm's FLASH-OFDM technology. The royalties payable by Exoteq are at Qualcomm's standard OFDM/OFDMA rates.

Marv Blecker, president of Qualcomm Technology Licensing, said: "This OFDM/OFDMA agreement will enable Exoteq to enhance its mobile broadband capabilities by offering solutions that incorporate Qualcomm's patented OFDM/OFDMA technologies for multimedia content delivery to mobile handsets. Qualcomm is pleased to work with Exoteq to enable new advanced mobile broadband devices in Finland initially, and eventually worldwide."

Ilkka Martikainen, founder and CEO of Exoteq, added: "We are very pleased to now have access to Qualcomm's extremely valuable patent portfolio for OFDM/OFDMA technologies and its FLASH-OFDM system is one of the first truly mobile broadband technologies available.. We have chosen to develop our first products using this technology and provide our customers with high-speed, low latency devices at affordable prices. FLASH-OFDM has already been commercially deployed on such a scale that the market size is viable for us. With this agreement, we are able to offer mobile VoIP, broadband Internet, email, instant messaging, streaming video, and music on demand through our first product, the Exoteq Meos mobile broadband handset."

Exoteq Aps, founded in 2005, is a technology company developing high quality mobile broadband solutions. Its first products are handheld mobile broadband devices. Exoteq is an

international group with extensive experience in high-tech communication, entertainment and consumer products. Currently, the company is represented in Denmark, Hong Kong and the UK. Exoteq is privately owned by its directors and SEED Capital K/S.