Pendrell Corporation invests in, acquires, and develops businesses with unique technologies that are protected by intellectual property (IP) rights in the United States. The company also develops products that rely on its IP rights. The company’s subsidiaries held approximately 1,200 patents, as of December 31, 2014. These patents support four IP licensing programs that the company owns and manages: digital media, digital cinema, wireless technologies, and memory and storage technologies. The company’s digital media program is supported by patents and patent applications designed to protect against unauthorized duplication and use of digital content that is transferred from a source to one or more electronic devices. The company’s digital media licensees include manufacturers, distributors and providers of consumer products. The company’s digital cinema program is supported by patents and patent applications designed to protect against unauthorized creation, duplication and use of digital cinema content that is authored and distributed to movie theaters. Potential digital cinema licensees include distributors and exhibitors of digital content, including motion picture producers, motion picture distributors and equipment vendors. The company’s memory and storage technologies program is supported by approximately 160 patents and patent applications, the majority of which were acquired from Nokia Corporation in March 2013, of which 81 have been declared by Nokia to be essential to standards that are applicable to memory and storage technologies used in electronic devices. These patents cover embedded memory components and storage subsystems. Potential licensees include flash memory component suppliers, solid state disk manufacturers and device vendors. Its memory and storage technologies licensees include Samsung Electronics and SK hynix. Product Development Activities In 2013, through ContentGuard GmbH (ContentGuard), the company launched a digital content protection application for mobile device users. During 2014, ContentGuard launched Yovo, its next-generation ephemeral photo and messaging application. Yovo facilitates ephemeral photo sharing. Designed for sending scrambled photo messages via email, texting, Facebook and Twitter, Yovo offers features such as full encryption, screen capture scrambling and a self-destruct timer that allows a sender to grant viewing rights for as little as one second and as long as 24 hours. These mobile applications are designed to address consumer demand for enhanced Internet privacy through solutions that restrict access to and limit the life of content. History Pendrell Corporation was founded in 1995. The company was formerly known as ICO Global Communications (Holdings) Limited and changed its name to Pendrell Corporation in 2011.
(PCO:Consolidated Issue Listed on NASDAQ Global Select )
2300 Carillon Point
Kirkland, WA 98033
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