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Qualcomm Exec Heads Wireless Knowledge

Qualcomm Exec Heads Wireless Knowledge

3E Co. Secures $25M to Buy Out Former Owner

HIGH TECH

by Brad Graves, Staff Writer

Qualcomm Inc.’s chief information officer, Norm Fjeldheim, has broadened his duties. He recently took over as chief executive of Qualcomm subsidiary Wireless Knowledge.

This comes after Eric Schultz resigned as CEO and chairman of Wireless Knowledge. A statement distributed by Qualcomm on Oct. 25 said Schultz left to pursue other opportunities.

Wireless Knowledge was founded in 1998 as a joint venture of Qualcomm and Microsoft. Qualcomm bought out Microsoft’s share in 2001.

Wireless Knowledge provides big corporations and institutions with wireless e-mail and other wireless data products and services.

Fjeldheim, 42, has been with Qualcomm since 1987. He holds a business degree from SDSU and completed the University of Pennsylvania’s Wharton Executive Development Program.

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Seeing Potential in Toxics: Mission Ventures of San Diego as well as Frontenac Co. of Chicago have put up $25 million to let the management of Carlsbad-based 3E Co. buy the company from its former owner, Safety-Kleen Corp.

3E serves its clients by maintaining hazardous material data sheets for them. Such sheets are mandated by the federal government.

Working with lacquer thinner? You need the sheet for lacquer thinner. The 3E library contains data sheets for nearly 2 million products.

3E complements that core service with several others, including training, government disclosures and even hazardous materials disposal.

Clients include Pacific Gas & Electric, GE Aircraft Engines, AT & T; and UPS.

David Ryan, a managing partner in Mission Ventures, said he sees a future where more companies outsource their environmental health and safety reporting, rather than do it in-house.

And Potential In Web Trash: The Internet filtering service from San Diego-based Websense, Inc. is in demand.

Big customers like the Air Force and the Department of Agriculture have renewed their subscriptions, the company reported late last month.

For the quarter ended Sept. 30, sales and earnings were at all-time highs.

Websense reported net income of $4 million, or 18 cents per diluted share, on revenue of $16 million. In the year-ago quarter, Websense reported net income of $1.9 million on revenue of $9.5 million.

Filtering software prevents computer users from gaining access to pornographic or other objectionable Web sites.

Websense closed at $17.98 per share Oct. 28. It has traded in the $10.35 to $35 range during the last year. Websense trades on the Nasdaq under the symbol WBSN.

The company has 322 full-time employees, up by 85 people since the first of the year.

Clients include companies and institutions with medium-sized to large computer systems. Websense estimates its software is in use on 13 million terminals.

Websense said it added 10 Fortune 500 companies during the quarter.

Send high-tech news to

bgraves@sdbj.com.

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