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SiRF & Qualcomm Sign Mutual Patent Non-Assertion Agreement
SAN JOSE, Calif., October 10, 2008 - SiRF Technology Holdings, Inc. (Nasdaq: SIRF), a leading provider of GPS-powered location platforms, today announced that SiRF and Qualcomm Incorporated (Nasdaq: QCOM) have signed a mutual Patent Non-Assertion Agreement covering each party's patent portfolio.
"As an innovation driven company, we respect Qualcomm's vast intellectual property portfolio," said Kanwar Chadha, founder of SiRF Technology. "We believe that this agreement between leading innovators of AGPS enabled location technology will help expand the market for location enabled products, services and content, while enabling each of us to compete in the market place based on product merits."
During the last 13 years, SiRF has built a patent portfolio in the location technology field that includes more than 250 patents awarded worldwide and more than 370 additional patent applications pending. SiRF's patent portfolio also includes some of the early GPS patents that SiRF acquired through its acquisition of Conexant's GPS business in 2003, and Motorola's GPS assets in 2005.
About SiRF Technology
SiRF Technology Holdings, Inc. develops and markets location platforms based on semiconductor and software products that are designed to enable location-awareness utilizing GPS and other location technologies, enhanced by wireless connectivity and multimedia capabilities for high-volume mobile consumer devices and commercial applications. SiRF's technology has been integrated into a wide range of mobile consumer devices such as automobile navigation systems, portable navigation devices (PNDs), mobile phones, mobile computers, GPS-based peripherals and handheld GPS devices, and into commercial applications such as location servers, asset tracking devices and fleet management systems. SiRF markets and sells its products in four target platforms: wireless handheld devices such as mobile phones; automotive electronics systems, including navigation and telematics systems; consumer electronics products such as recreational GPS handhelds, mobile gaming machines, digital cameras and wearable devices; and mobile computing systems, including personal digital assistants, notebook computers, universal mobile personal computers (UMPCs) and mobile internet devices. Founded in 1995, SiRF is headquartered in San Jose, California, and has sales offices, design centers and research facilities around the world. The company trades on the NASDAQ Stock Exchange under the symbol SIRF. Additional information about SiRF and its location technology solutions can be found at http://www.sirf.com.
"As an innovation driven company, we respect Qualcomm's vast intellectual property portfolio," said Kanwar Chadha, founder of SiRF Technology. "We believe that this agreement between leading innovators of AGPS enabled location technology will help expand the market for location enabled products, services and content, while enabling each of us to compete in the market place based on product merits."
During the last 13 years, SiRF has built a patent portfolio in the location technology field that includes more than 250 patents awarded worldwide and more than 370 additional patent applications pending. SiRF's patent portfolio also includes some of the early GPS patents that SiRF acquired through its acquisition of Conexant's GPS business in 2003, and Motorola's GPS assets in 2005.
About SiRF Technology
SiRF Technology Holdings, Inc. develops and markets location platforms based on semiconductor and software products that are designed to enable location-awareness utilizing GPS and other location technologies, enhanced by wireless connectivity and multimedia capabilities for high-volume mobile consumer devices and commercial applications. SiRF's technology has been integrated into a wide range of mobile consumer devices such as automobile navigation systems, portable navigation devices (PNDs), mobile phones, mobile computers, GPS-based peripherals and handheld GPS devices, and into commercial applications such as location servers, asset tracking devices and fleet management systems. SiRF markets and sells its products in four target platforms: wireless handheld devices such as mobile phones; automotive electronics systems, including navigation and telematics systems; consumer electronics products such as recreational GPS handhelds, mobile gaming machines, digital cameras and wearable devices; and mobile computing systems, including personal digital assistants, notebook computers, universal mobile personal computers (UMPCs) and mobile internet devices. Founded in 1995, SiRF is headquartered in San Jose, California, and has sales offices, design centers and research facilities around the world. The company trades on the NASDAQ Stock Exchange under the symbol SIRF. Additional information about SiRF and its location technology solutions can be found at http://www.sirf.com.
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