InterDigital and Research In Motion Extend Patent License and Include 4G
WILMINGTON, Del. -- January 2, 2013
InterDigital, Inc. (NASDAQ: IDCC) today announced that its patent holding
subsidiaries have entered into an agreement which extends the term of their
worldwide, non-exclusive, royalty-bearing patent license agreement with
Research In Motion Limited (“RIM”). In addition to extending the patent
license agreement for a multi-year period consistent with InterDigital’s
licensing program, the parties agreed to amend the patent license to add
coverage for 4G products, including LTE and LTE-Advanced products.
“This agreement, which extends the term of our patent license with RIM and
includes 4G product coverage, continues the strong validation of
InterDigital’s patent portfolio and our patent licensing program,” said
Lawrence F. Shay, President of InterDigital’s patent holding subsidiaries. “We
continue to experience very good progress in our 4G licensing program and look
forward to adding additional 4G licensees.”
InterDigital develops fundamental wireless technologies that are at the core
of mobile devices, networks, and services worldwide. We solve many of the
industry's most critical and complex technical challenges, inventing solutions
for more efficient broadband networks and a richer multimedia experience years
ahead of market deployment. InterDigital has licenses and strategic
relationships with many of the world's leading wireless companies. Founded in
1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400^®
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
This news release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. For these purposes,
forward-looking statements are statements concerning the company's current
beliefs, plans and expectations. Examples of these statements include, but are
not limited to, statements regarding our expectation of adding additional 4G
licensees. Actual results may differ materially from those indicated in
forward-looking statements as a result of various important factors, including
but not limited to our ability to enter into additional 4G patent license
agreements on expected terms, if at all. We undertake no duty to update
publicly any forward-looking statement, whether as a result of new
information, future events or otherwise, except as may be required by
applicable law, regulation or other competent legal authority.
Patrick Van de Wille, +1 858-210-4814
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