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3G CDMA License Agreement Extended
18th June 2002

QUALCOMM Incorporated announced an expansion of E-RON Technologies Corporation's existing worldwide CDMA modem card license agreement. Under the terms of the multi-million dollar, royalty-bearing agreement, QUALCOMM has granted E-RON a license that expands its existing licenses under QUALCOMM's CDMA technology and patents to also include rights to design, develop and sell mobile subscriber units and knockdown kits for cdmaOne(TM) and CDMA2000 1X/1xEV-DO systems. As part of the agreement, QUALCOMM is taking an equity investment in E-RON in lieu of a portion of the up-front license fee payments. The financial terms of the agreement were not disclosed.

"QUALCOMM is pleased to expand E-RON Technologies' license to include mobile subscriber units and knockdown kits consisting of all of the parts necessary to build a complete handset," said Marvin Blecker, senior vice president and general manager of technology licensing for QUALCOMM. "QUALCOMM is continuously seeking to fully enable companies to further the growth of CDMA for the use of high-quality voice and data services worldwide."

"This license agreement gives E-RON the opportunity to provide advanced knockdown kits to emerging markets throughout the world," said Edward Jeon, CEO, E-RON Technologies Corporation. "We will now be able to enhance our product offerings to businesses and consumers, providing them with complete, high-speed voice and data wireless solutions."
E-RON Technologies Corporation is an innovator and manufacturer of next-generation digital wireless communications devices, venture-capitalized and listed in KOSDAQ (Korea Stock Exchange Market). E-RON's product line-up includes digital CDMA cellular phones, as well as data centric products based on its own CDMA engine technology. E-RON's recent successful story in China cellular phone industry was based on strong engineering resources and it's cost- effective manufacturing facility in Seoul, Korea, as well as fully experienced international sales forces. E-RON Technologies Corporation is positioning itself to be the leading provider of wireless communication devices with turnkey operation for OEM, ODM and consignment production.

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