MP3.com Up 7.5% on Qualcomm Deal

Online music company

MP3.com

(MPPP)

climbed 7.5% in preopen

Island

trading after announcing a deal with

Qualcomm

(QCOM) - Get Report

to create new wireless music applications.

MP3.com described the deal with the wireless technology company as a "developer relationship" and did not disclose terms.

Qualcomm was down 0.5% preopen.