FPLD-.045x.058 Qualcom News
Mar 8, 2007 10:11:06 (ET)
DOW JONES NEWSWIRES
Fittipaldi Logistics Inc. (FPLD) disclosed Thursday that it entered into a three-year mobile data interchange pact with Qualcomm Inc. (QCOM), a San Diego provider of business-to-business wireless enterprise platforms and services.
The technology company said in a document filed with the Securities and Exchange Commission that this agreement enables it to receive vehicle position data pertaining to consenting joint customers through Qualcomm's mobile communications system and to integrate that data into its software application.
Shares of Fittipaldi were recently unchanged at 4 cents a share, while Qualcomm shares recently traded at $40.39, up 70 cents.
-Chad Clinton, Dow Jones Newswires; 202-862-1349; chad.clinton@dowjones.com
(END) Dow Jones Newswires
March 08, 2007 10:11 ET (15:11 GMT
