Investment in Sichuan Great Wall Software Group announced

World IT Report, Aug 9, 2004

QUALCOMM Incorporated, pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology; IDG Technology Venture (IDGVC), a US venture fund focusing on the information technology industry in China and TOM Online, a leading mobile Internet company in China, Monday announced the successful closing of a US$3.5 million investment in Sichuan Great Wall Software Group (Great Wall).

Based in Chengdu, Sichuan Province, Great Wall is a leading software developer and application provider for wireless phones, with experience in developing high-quality applications for QUALCOMM's BREW(R) solution and QUALCOMM's gpsOne(TM) position-location technology. Great Wall's highly innovative service portfolio includes City Online, a location based service that offers city maps, travel assistance for points of interest and yellow pages; Business TravelCompanion, which offers an online travel package and hotel reservations using a mobile handset and Xin Gang Dating, a wireless dating and community service.

Great Wall's leading edge development work has provided a compelling set of BREW applications for handset manufacturers such as TCL and Motorola. The expansion of gpsOne technology in China by QUALCOMM and China Unicom will increase the number of innovative services and benefitsoffered to Great Wall's customers, enabling Great Wall to capture the opportunities that result from the deployment of next generation wireless networks.