Nokia and Qualcomm plan to develop advanced mob...

Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- Advanced mobile devices anticipated to feature S60 software and Qualcomm's integrated chipsets for a new level of mobile performance Espoo, Finland and San Diego, CA, USA - Nokia and Qualcomm Incorporated (Nasdaq: QCOM) today announced that the two companies are planning to work together to develop advanced UMTS mobile devices, initially for North America. The companies intend for the devices to be based on S60 software on Symbian OS, the world's most used software for smartphones, and leverage Qualcomm's advanced Mobile Station Modem(TM) (MSM(TM)) MSM7xxx-series and MSM8xxx-series chipsets for cutting-edge processing performance and ubiquitous mobile broadband capabilities. The first mobile devices based on this collaboration are expected to launch in mid-2010 and be compatible with the forthcoming Symbian Foundation platform. "Nokia is very pleased to be in discussions with Qualcomm around designing mobile devices that can benefit from the high level of integration found on MSM chipsets," said Kai Oistamo, executive vice president, Devices, Nokia. "We are eager to demonstrate to the industry the possibilities that exist when innovative and open software is combined with advanced hardware solutions." "Nokia and Qualcomm are leaders in advanced wireless technologies, and this new level of cooperation will bring exceptional leaps in mobile performance to people around the world," said Steve Mollenkopf, executive vice president of Qualcomm and president of Qualcomm CDMA Technologies. "We are very excited about leveraging the substantial synergies between S60 software and MSM chipsets." About Nokia Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks. About Qualcomm Qualcomm Incorporated (Nasdaq: QCOM) 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 100 Index, the S&P 500 Index and is a 2008 FORTUNE 500 company. For more information, please visit www.qualcomm.com. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including Qualcomm's ability to successfully design and have manufactured significant quantities of CDMA and WCDMA components on a timely and profitable basis, the extent and speed to which CDMA and WCDMA are deployed, change in economic conditions of the various markets Qualcomm serves, as well as the other risks detailed from time to time in Qualcomm's SEC reports, including the report on Form 10-K for the year ended September 28, 2008, and most recent Form 10-Q. Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners. Media Enquiries: Nokia Communications, Devices E-mail: devices.communications@nokia.com Nokia Communications Tel. +358 7180 34900 E-mail: press.services@nokia.com www.nokia.com Qualcomm Kira Golin, Qualcomm CDMA Technologies Tel. +1 858 651 1554 Email: qctpublicrelations@qualcomm.com Emily Kilpatrick, Corporate Communications Tel. +1 858 845 5959 Email: corpcomm@qualcomm.com John Gilbert, Investor Relations Tel. +1 858 658 4813 Email: ir@qualcomm.com --- End of Message --- NOKIA P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50; Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;

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