SYDNEY, Dec. 2 -- AsiaNet ROYALTY PAYMENTS... SAN DIEGO, Calif.: QUALCOMM Incorporated Thursday stated that the claims in a Korea Times article (December 1, 2005) indicating that certain Korean manufacturers' obligations to pay royalties to QUALCOMM under their respective license agreements will expire in 2006 for sales in Korea and 2008 for exports from Korea are not correct. http://www.qualcomm.com MOU SIGNED... NEW YORK: A Memorandum of Understanding was signed in New York Thursday between Hwan Kyun Lee, Commissioner of Incheon FEZ Authority (IFEZA) of the Republic of Korea, Peter Chermayeff, President of International Design for the Environment Associates, Inc., (IDEA) a management company that specializes in the delivery and long term operation of world class aquariums and John B. Hynes, III, President and CEO of Gale International, for the establishment of the New Songdo Ecotarium. http://www.NewSongdoCity.com Q3 RESULTS... OTTAWA & BURLINGTON, Mass.: Cognos Incorporated Thursday announced preliminary financial results for the third quarter of fiscal year 2006, ended November 30, 2005. http://www.cognos.com SPARE PARTS... WICHITA, Kan.: Spirit AeroSystems, Inc. Thursday announced the launch of a web site that will allow customers to purchase commercial spare parts directly from Spirit. http://www.spiritaero.com http://spares.spiritaero.com/default.htm VIETNAM OFFICE... RESEARCH TRIANGLE PARK, N.C.: Quintiles Transnational Corp. Thursday announced the extension of its Asian operations with the opening of an office in Hanoi, Vietnam. http://www.quintiles.com DISTRIBUTION AGREEMENT... CHICAGO, Ill.: Medical device maker Suros Surgical Systems, Inc. and imaging leader Hologic, Inc. Thursday announced at the 2005 Radiological Society of North America (RSNA) conference in Chicago that they will expand their existing partnership to include a distribution agreement outside of the United States. http://www.surossurgical.com http://www.Hologic.com AUTO SHOW... LOS ANGELES, Calif.: More than 30 World or North American premieres will help give the final January LA Auto Show a big send-off on media days, Jan. 4 and 5, 2006, before the show moves to its new dates in November 2006. http://www.laautoshow.com HIGHEST RATING... HAMILTON: W.P. Stewart & Co., Ltd. Thursday announced that W.P. Stewart Holdings N.V. recently received an AAA Fund Management rating from Standard & Poor's, the highest rating possible. http://www.wpstewart.com INNOVATION AWARD... ANDOVER, Mass.: InnoCentive Thursday announced that Dr. Alpheus Bingham, president and CEO of InnoCentive, has won "The Business Processes Award" category at the fourth annual Innovation Summit and Awards event, sponsored by The Economist magazine. http://www.innocentive.com SEMICONDUCTOR OUTLOOK... EL SEGUNDO, Calif.: Intel Corp. in 2005 is expected to solidify its position as the world's leading semiconductor supplier, posting the highest revenue growth among the top-10 chip makers for the year, according to a preliminary ranking from iSuppli Corp. http://www.isuppli.com/news/marketshare http://www.isuppli.com MOBILE TV... SAN DIEGO, Calif. and BEDMINSTER, N.J.: QUALCOMM Incorporated, a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, and Verizon Wireless, which operates the nation's most reliable wireless networks, Thursday announced that QUALCOMM and its subsidiary MediaFLO USA Inc., are working together with Verizon Wireless to bring its customers real-time mobile video over the MediaFLO multicasting network in the United States. http://www.verizonwireless.com http://www.verizonwireless.com/multimedia http://www.qualcomm.com CORONARY STENT... MIAMI, Fla.: Cordis Corporation Thursday announced that Italy's Ministry of Health has established a higher price premium for the CYPHER Sirolimus-eluting Coronary Stent over the Taxus Stent based on the medical device's excellent long-term clinical results and health economics data. http://www.cordis.com http://www.cypherusa.com ENGINE DESIGN... PORTLAND, Ore.: Axial Vector Engine Corporation Thursday announced it has completed the initial engineering and design phase of the Axial Vector engine and is proceeding to prototype manufacturing and testing. http://www.axialvectorengine.com OTIS WINS... FARMINGTON, Conn.: Otis, a unit of United Technologies Corporation), was awarded contracts to supply and install 120 Gen2 machine-roomless elevators, escalators and Trav-O-Lator moving walkways for expansions to a major hospital in Norway and to one of the largest shopping malls in Sweden. http://www.otis.com NEW SYSTEM... SUNNYVALE, Calif.: ReVera Incorporated, the materials metrology company, Thursday announced its new VeraFlex metrology system. http://www.revera.com ENGINE PARTNERSHIP... MILAN and CAMBRIDGE, Mass.: Nuvera Fuel Cells, a leading designer, developer and manufacturer of fuel cell power systems, Thursday announced it reached a multi-year agreement with Fiat Powertrain Technologies and Centro Ricerche Fiat to research and develop a high-efficiency hydrogen fuel cell propulsion system for fuel cell vehicles. http://www.nuvera.com http://www.fiatgroup.com http://www.crf.it (AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions.)