November 11^th 2009, San Diego CA - Panoramic Power Wins the Qualcomm worldwide Qprize competition

Panoramic Power has won the first place prize in the Worldwide championship of the Qualcomm (NASDAQ: QCOM) international Qprize competition. Over 500 young wireless technology ventures have participated in the contest organized by the communications giant.

The prize value is $250K and will be invested in the company that will now become Qualcomm's second portfolio company in Israel.

This great achievement further validates our strategy and value proposition and opens up significant new opportunities.

Click here for the official Qualcomm press release.