Unwired Planet Announces Strategic Fee Agreement with Legal Partner McKool Smith

  Unwired Planet Announces Strategic Fee Agreement with Legal Partner McKool
  Smith

Business Wire

RENO, Nev. -- September 27, 2013

Unwired Planet, Inc. (NASDAQ:UPIP) today announced that it has entered into a
strategic fee arrangement with McKool Smith, one of the preeminent patent
litigation firms in the world.

Under the new fee structure, Unwired Planet secures a lower, fixed monthly
spending rate on litigation fees on the company’s outstanding cases. Instead
of the traditional model of paying for billable hours in a given month, the
agreement fixes legal fees for 24 months at $500 thousand per month, unless a
case is settled earlier. If litigation activity continues beyond 24 months,
McKool Smith will continue to provide all necessary services without receipt
of any new fees. In exchange, McKool Smith will receive a sliding contingency
fee based upon net Unwired Planet licensing fees received from the respondents
in the current outstanding litigations: Google, Apple and Blackberry. In
addition, the agreement allows Unwired Planet to file additional enforcement
actions at discounted rates, if necessary, against the same three parties. As
is customary, Unwired Planet remains responsible for paying expenses such as
travel, court costs and expert witness fees as they are incurred.

“We are pleased to formalize this long-term partnership with McKool Smith that
demonstrates our mutual confidence in the value of our portfolio,” said Eric
Vetter, president and chief administrative officer of Unwired Planet. “We have
secured committed representation from some of the most accomplished and senior
members of the firm. Additionally, this agreement enables us to predict and
reduce our litigation expenses by approximately 50% without compromising our
enforcement efforts.”

Phil Vachon, chairman of Unwired Planet’s board of directors stated, “Our
strong preference is to license our intellectual property in a negotiated
transaction because it is the most efficient outcome for all parties; in those
situations where we are unable to conclude discussions in a timely manner,
however, we will enforce our rights through the courts in the most cost
efficient manner as possible.”

About Unwired Planet

Unwired Planet, Inc.(NASDAQ:UPIP) is the inventor of the Mobile Internet and
a premier intellectual property company focused exclusively on the mobile
industry. The Company's patent portfolio of more than 2,400 issued US and
foreign patents, includes the technologies that allow mobile devices to
connect to the Internet and enable mobile communications. The portfolio spans
2G, 3G and 4G technologies, as well as cloud-based mobile applications and
services.Unwired Planet'sportfolio includes patents related to key mobile
technologies, including baseband mobile communications, mobile browsers,
mobile advertising, push technology, maps and location based services, mobile
application stores, social networking, mobile gaming and mobile
search.Unwired Planetis 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, those risk factors discussed in filings with
theSEC, including but not limited to, the Company's current Annual Report on
Form 10-K and current Quarterly Report on Form 10-Q and any 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:

The Blueshirt Group
Mike Bishop, 415-217-4968 (Investor Relations)
mike@blueshirtgroup.com
 
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