InterDigital Receives Initial Determination in USITC Patent Infringement
Investigation of Nokia, Huawei and ZTE
WILMINGTON, Del., June 28, 2013 (GLOBE NEWSWIRE) -- InterDigital, Inc.
(Nasdaq:IDCC), a wireless research and development company, today announced
that it has received notice that the Administrative Law Judge (ALJ) overseeing
the U.S. International Trade Commission (ITC or Commission) Investigation No.
337-TA-800 of Nokia, Huawei and ZTE has issued an initial determination (ID)
finding no violation of Section 337 of the Tariff Act of 1930. The ALJ found
that one of InterDigital's asserted patents was infringed, but the asserted
claims of that patent were found to be invalid in light of prior art. He
further found that four of InterDigital's patents were not proven invalid but
are not infringed, and that the remaining two asserted patents were invalid
and not infringed.
Importantly, the ALJ indicated that the respondents have not prevailed on any
equitable, FRAND, or license defense. The ALJ also determined that
InterDigital satisfied the domestic industry requirement as to all asserted
"We strongly disagree with the ALJ's determinations with regard to
noninfringement and invalidity. We will petition the ITC for review of the ID,
and we are confident that the strength of our portfolio will, in due course,
result in a favorable outcome," said William J. Merritt, President and Chief
Executive Officer of InterDigital.
InterDigital will promptly file for review by the full Commission. The
Commission has established a date of October 28, 2013 for issuing a final
determination, and has been active in reviewing ALJ initial determinations.
The company will be hosting a conference call to discuss the ID on Tuesday,
July 2 at 8:30 AM Eastern Time. For a live Internet webcast of the conference
call, visit www.interdigital.com and click on the link to the Live Webcast
under the Events section on the homepage. The company encourages participants
to take advantage of the Internet option.
For telephone access to the conference, please call 888-684-1278 within the
United States or 913-981-5572 outside the United States. Please call by 8:15
a.m. Eastern Time on July 2 and ask the operator for the InterDigital ITC
An Internet replay of the conference call will be available on InterDigital's
website under the Events and Presentations section on the Investors page. In
addition, a telephone replay will be available from 11:30 a.m. Eastern Time on
July 2 through 11:30 a.m. Eastern Time on July 7. To access the recorded
replay, call (888) 203-1112 or (719) 457-0820 and use the replay code 6971280.
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 press release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended. Such
statements include information regarding our current expectations with respect
to Commission review. Words such as "will," "expects," "intends," variations
of such words or similar expressions are intended to identify such
Forward-looking statements are subject to risks and uncertainties. Actual
outcomes could differ materially from those expressed in or anticipated by
such forward-looking statements due to a variety of factors, including, but
not limited to, an adverse decision by the full Commission. 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.
CONTACT: Patrick Van de Wille
+1 (858) 210-4814
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