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Unwired Planet Strengthens Mobile Intellectual Property Portfolio with the Contribution of Complementary IP from the Industry



  Unwired Planet Strengthens Mobile Intellectual Property Portfolio with the
  Contribution of Complementary IP from the Industry Leader in Mobile
  Communications

    Enlarged portfolio includes over 2,400 patent assets focused on mobile
                                 technologies

     Holistic and deeply relevant combined intellectual property spanning
            Telecommunications Infrastructure and Mobile Internet

   Accelerates Unwired Planet’s conscientious and sustainable long-term IP
                              licensing program

Business Wire

RENO, Nev. -- January 10, 2013

Unwired Planet, Inc. (NASDAQ: UPIP) (“Unwired Planet” or the “Company”), the
inventor of the mobile Internet, today announced that it has entered into a
patent purchase agreement with Ericsson (NASDAQ:ERIC) whereby Ericsson will
transfer to Unwired Planet 2,185 issued US and international patents and
patent applications.

The transferred patents significantly broaden Unwired Planet’s Mobile
Internet-focused portfolio and include 753 United States issued patents
related to 2G, 3G and LTE technologies. Under the terms of the transaction,
Ericsson will also contribute 100 additional patent assets annually to Unwired
Planet commencing in 2014 through 2018. Unwired Planet will compensate
Ericsson with certain ongoing rights in future revenues generated from the
enlarged patent portfolio. Unwired Planet will also grant Ericsson a license
to the Company’s enlarged patent portfolio.

The combined portfolio reflects decades of significant investment in research
and development and the companies’ respective roles as pioneers in the
development of technology critical to Telecommunications Infrastructure and
the Mobile Internet. The contributed Ericsson portfolio includes patented
inventions relating to global telecommunication technologies, such as GSM,
GPRS, EDGE, WCDMA and LTE, as well as many other patented inventions that are
widely implemented in many popular wireless devices and mobile industries.

Following the transaction, Unwired Planet will execute a strategy as a
long-term industry platform for the realization of intellectual property value
across the global telecoms and mobile handset markets.

“Ericsson and Unwired Planet teamed in the late 1990’s at the dawn of the
mobile Internet to define an industry and develop technology at the cutting
edge of mobile communications. Our mobile heritage reflects decades of
pioneering new technology, supported by billions of dollars in research and
development. Our inventions have delivered massive social value and this
transaction with Ericsson reflects our commitment to protecting and realizing
value from this innovation,” said Mike Mulica, Chief Executive Officer of
Unwired Planet. “We look forward to leveraging a strong, multi-dimensional
patent portfolio and furthering discussions with key industry players who are
interested in licensing these inventions to protect and further build their
product strategies.”

“In 1997, Ericsson and Unwired Planet introduced the Wireless Application
Protocol that brought Internet access to mobile devices,” said Kasim Alfalahi,
Chief Intellectual Property Officer, Ericsson. “Following this transaction,
Unwired Planet’s portfolio will reflect decades of invention at the forefront
of mobile infrastructure, handset technologies and over-the-top services. We
are pleased to have concluded this business deal with Unwired Planet as an
alternative channel for IP licensing.”

Further details of the transaction are included in a Form 8-K to be filed by
Unwired Planet with the United States Securities and Exchange Commission.

Conference Call Information

Unwired Planet has scheduled a conference call for 5:00 p.m. EST today to
discuss the patent purchase agreement. Interested parties may access the
conference call over the Internet through Unwired Planet’s website at
www.unwiredplanet.com or by telephone at (877) 941-2068 or (480)-629-9712
(international). A replay of the conference call will be available for three
weeks (until January 31), beginning at 6:00 pm EST on January 10 by calling
(800) 406-7325. The replay can be accessed internationally by calling (303)
590-3030, access code: 4590216.

About Unwired Planet

Unwired Planet, Inc. (NASDAQ: UPIP) is the inventor of the mobile Internet and
established many of the foundational patented technologies that allow mobile
devices to connect to the Internet. The company’s 202 issued US and foreign
patents and 75 pending applications are considered foundational to mobile
communications, and span smart devices, cloud technologies and unified
messaging. Unwired Planet’s portfolio includes patents related to key mobile
application technologies, including mobile browsers, mobile advertising, push
technology, maps and location based services, mobile application stores,
social networking, mobile gaming and mobile search. Unwired Planet is
headquartered in Reno, Nevada.

Safe Harbor for Forward-Looking Statements

This release contains forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. All
statements other than statements of historical fact contained in this release
are forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as “may,” “will,” “should,”
“expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,”
“potential” or “continue” or the negative of these terms or other comparable
terminology. These statements are only current predictions and are subject to
known and unknown risks, uncertainties and other factors that may cause the
Company’s actual results, levels of activity, performance or achievements to
be materially different from those anticipated by the forward-looking
statements. These forward-looking statements are subject to a number of risks,
including, but not limited to the ability of the parties to the patent
purchase agreement to consummate the proposed transaction in light of the
various closing conditions set forth in the transaction documents (including
those conditions related to HSR approval), the expiration of encumbrances on
the patent portfolio, the potential value and synergies created by the
transaction, including the future market for smartphones and 3G/4G mobile
phone shipments and the ability of the Company to realize and monetize the
value of the Company’s intellectual property as well as those risk factors
discussed in filings with the SEC, including but not limited to the Company’s
Annual Report on Form 10-K filed on September 7, 2012, and any subsequently
filed reports on Forms 10-Q and 8-K or amendments thereto. The Company
undertakes no duty to update or revise any of the forward-looking statements,
whether as a result of new information, future events or otherwise, after the
date of this release.

Contact:

Public Relations
Unwired Planet
Vikki Herrera, 775-980-2342
Vikki.Herrera@unwiredplanet.com
or
Investor Relations
The Blueshirt Group
Mike Bishop, 415-217-4968
mike@blueshirtgroup.com
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