Qualcomm Inc (QCOM)

[Data_Rox]

QUALCOMM Purchases Vesuvius
http://www.wirelessiq.info/content/topstories/667.html

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June 13, 2005

Vesuvius, Inc., an intellectual property holding company, has been acquired by QUALCOMM, Incorporated. The terms of the acquisition were not disclosed.

The former management team of Vesuvius has established a new company, Vulano Group, Inc., (http://www.vulano.com). Vulano focuses on developing proprietary next-generation technologies and holding broad, dominant patent portfolios in multiple disciplines, including the wireless sector, telecommunications, enterprise and consumer software, security, bio-sciences, and medical devices. The company identifies future market opportunities and develops world-class intellectual property portfolios through its proven multi-step process, known as IPx.

"Following the successful sale of Vesuvius, our best-in-class team began work on building patent portfolios relating to our next phase of internally developed technological advances," said Dan McKenna, Vulano Group President and CEO. "This development process utilizes our proven IPx system for organizing, patenting and protecting on-going intellectual investments