Great Elm Capital Group Inc (GECC)

[lalalaland]

Seeking alpha pump..trying for a move like DSS..

dunno how long it will last tho

[investora2z]

The stock has been a bit buoyant recently, and has appreciated by more than 11% over the last one month. A major portion of this upward movement has come over the last 5 days, and the volumes have also been high. The momentum can take it a bit higher, but lack of support from fundamentals may lead to selling at higher levels. Over the last few weeks the news has not been too positive. Google has asked for invalidation of the two mobile advertising patents for which Unwired had sued it last year. Google is contending that both are abstract ideas that cannot be patented. Also, Unwired recently announced appointment of Grant Thornton as its independent registered public accounting firm beginning for its first quarter ended September 30, 2013. The decision to dismiss KPMG and to engage Grant Thornton was recommended by the Audit Committee of the Company’s Board of Directors. The related SEC filing mentions that KPMG’s report indicates that the Company did not maintain effective internal control over financial reporting as of June 30, 2013. The controls did not operate effectively due to a lack of resources with experience in financial reporting. This is perhaps indicative of the quality of personnel in that department, and nothing more than that. The real issue is being able to show progress related to its patent monetizing efforts. IPR monetization is huge business now, and more and more companies are asserting their rights. As an example, Spherix (SPEX), a full service IP company has recently built up a diversified portfolio comprising of hundreds of patents. It has filed lawsuits against big companies like T-Mobile (TMUS) within a few months of transformation to a patent asserting entity. Unwired has the potential, and the resources have improved. However, something special needs to happen quickly to bolster the stocks fortunes.

[investora2z]

The stock has remained volatile after the earnings. The volumes were particularly high a few days ago when the stock fell sharply from around $1.93 to $1.67. It has recovered a bit, but the rallies are not so believable anymore. The earnings were nothing great, though the management continued to show optimism about the future. Net loss from continuing operations increased substantially on a yoy basis, though sequentially, there was a decline the fourth quarter loss. Importantly, the loss from continuing operations in the full fiscal 2013 was $39.6 million compared to $8.1 million in the full year 2012. Stock based compensation comprised $7.7 million of this loss. As per the CEO, "This past quarter we continued to build on our licensing efforts and have made significant progress in expanding the number of discussions underway. In addition, at the end of June we executed a capital raise and in July we completed the transformation of our board of directors, both intended to support our long term IP strategy. With these changes in place, we believe we have fully transitioned the company to a licensing business." So the liquidity position is better, which gives more options to the management to execute its long term strategies. The offer price was also not too much below the current levels. However, there has been no concrete guidance on when the licensing strategy will lead to a sustained stream of revenues for the company. Licensing is a preferred mode of monetizing patents, and recently Marathon Patent Group (MARA) began to realize substantial revenues related to its IPR portfolio. For Unwired, the weakness seems to be setting in, and there is increased selling pressure whenever the stock rises. There needs to be visible improvement in the financial performance soon otherwise the stock may go even lower from current levels.

[Penny Roger$]

$UPIP ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$UPIP has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
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c

[investora2z]

The performance of the stock in 2013 has been good with a 60% appreciation on a year to date basis. However, much of the spike happened in January. Recently, there has been a lot of activity due to the funding announced last month. The announcement of $50 Million financing has helped improve the outlook to a certain extent. The funds will give a lot of elbow room for the management to pursue certain aggressive strategies. The funds are to be used to support Unwired's long term mobile industry IP licensing strategy. The stock has retreated a bit from the highs. The intent of the company to pursue the licensing strategies aggressively was evident even at the time of the last earnings. The management had stated that the company would be executing a completely focused licensing strategy as a long-term industry platform for the realization of the intellectual property value across 2G, 3G, 4G technologies as well as cloud-based mobile applications and services. The transaction with Ericsson (ERIC), which had a zero cash up-front payment, was a deal with payments from Ericsson based on the revenue it generated. For example, for the first $100 million earned in revenue by Ericsson, Unwired will get 20%. The revenue flow for Unwired may take some time, but licensing is definitely a better strategy compared to litigation where the costs are higher, and risk is tremendous. There have been cases of success like Blue Calypso (BCYP) which got a settlement recently, but sometimes it takes a lot of time. Once the licensing revenues start, Unwired will be viewed in a totally different light. Over the years, Unwired has accumulated a huge deficit due to continuous losses. The situation needs to improve sooner rather than later otherwise any rally in the stock will not be easily sustainable.

[investora2z]

The focus on increasing the possibilities related to monetizing / licensing of its patents is evident in recent changes in the management. Another area of focus is the cost rationalization. That could be the reason why CFO has been promoted as the President and the CEO's chair has been eliminated. An Executive Committee will now be collectively responsible and the board has been strengthened by addition of members with expertise in the licensing business. While all this is great, the impact of this may take a little time to translate into numbers. It also remains to be seen how soon the Ericsson deal will start to have a major impact on the company's financials. The results of the last quarter were nothing special and the CEO had still marked it as a transformational quarter. He had highlighted the focus of the company on licensing revenues and the Ericsson deal was specifically highlighted. Since the company does own technologies with huge monetizing potential, proper management / handling of the affairs will definitely help scale up the efforts. The company's strategy of focusing on licensing for optimizing the value of its patents related to 2G / 3G and 4G technologies and cloud based mobile apps & services does hold a lot of potential in today's markets. Even small companies like PLC Systems (PLCSF) which is a small medical devices company, are attempting to leverage the value of single technologies which they own. PLC Systems owns several patents related to its only product RenalGuard. The Unwired stock, meanwhile, remains weak and seems to be heading towards recent lows. Some real impact on the balance sheet is required quickly to change the fortunes for the stock. In absence of that the stock may continue to remain subdued. The investors are hoping that the promises related to improvement in fundamentals are fulfilled soon.

[Apophis]

It could be worth 500 million or more if they win in court

[Apophis]

that's gone no place?

[Apophis]

This is worth $20-30 bucks a share just with its 2400 patents.

I am sure this will become the hottest takeover target for all of the technology stocks.

[investora2z]

The recent results have not done much for the stock. While the CEO marked it as a “transformational quarter for Unwired Planet” the financial results were not too great. The net loss increased slightly. As per the CEO, "We are now executing a completely focused licensing strategy as a long-term industry platform for the realization of our intellectual property value across 2G, 3G, 4G technologies as well as cloud-based mobile applications and services. With the completion of the patent transaction with Ericsson, we have begun actively engaging priority licensing targets and are working closely with our partners to proceed in the most efficient way to enhance shareholder value." While this statement indicates the company's desire to leverage its technologies for getting more revenues, it seems that the impact on the actual numbers may not be immediate. The attempt to patent and license / monetize its technologies is the focus area for UPIP, and the patent transaction with Ericsson (ERIC) (zero cash up-front payment) was a step in this direction. As per the deal, for the first $100 million earned in revenue by Ericsson, Unwired will get 20%. More and more companies are attempting to monetize their technologies for enforcing their rights. MGT Capital Investments (MGT) has a multi-billion dollar patent infringement lawsuit going against several gaming companies. MGT also has entered in the highly potential sports wagering / online gambling business by its acquisition of FanTD LLC. For UPIP, recent successes in monetizing / licensing by other small companies should provide encouragement. The net loss of $12.2 million for the last quarter contained $4.47 million related to stock-based compensation. With a high accumulated deficit, it is important that the revenue inflows start sooner rather than latter. The stock is at crucial supports supports, and it is possible that it remains range bound for some time before there is a break on either side.

[Apophis]

This should be a $30 stock?

[Apophis]

I am in at $3.12

[investora2z]

Recently $3.20 has been the ceiling for the stock and it has retraced from around those levels at least thrice in the past few years. Presently it is trading above the 200 DMA of $1.69 but remains below the 50 DMA of $2.12. The 52 week high is $3.19, and it has been on a down trend since then. It rebounded after hitting the recent lows of $1.17 and despite the correction from $2.37, the stock is still up by around 59% from those levels. However, the volumes have died down and the momentum seems to be slowing down. The 3 month average volume is nearly 400K shares as compared with only 214K for the 10 day average figure. UPIP has developed some of the first programs for mobile browsing and photo-messaging as well as the very first Wireless Application Protocol (WAP). Major companies like Sprint (NYE: S) and Telus (NYSE: TU) use its technology but the problem is that the inventions have not been patented properly. So it is difficult to enforce any license agreement or patent infringements. The recent uptrend in the stock was perhaps based the investments made by Uunwired in collecting the patents of its old inventions. WAP is the basic technology which connects mobiles to the internet so the potential is huge. However, enforcements require deep pockets or backing of investors who have faith in the potential of monetization of Unwired's patents. These specialist investors not only provide funds, but also know their way in achieving optimum value for the patents. Recently several big companies have been sued by smaller companies who own valuable patents. Facebook (FB), LinkedIn (LNKD) and others have been sued by a Document Security System (NYSE:DSS) subsidiary for infringement of patent rights. Allegedly, these technologies are the essence of Facebook experience and hence, respected analysts like JP Moreno are valuing the potential damages / royalties in millions. UPIP should be encouraged by these developments.

[investora2z]

The stock has corrected sharply from its recent high of $2.37. Despite this, the current price is around 59% above the recent low of $1.17 (December 2012). Unwired is trying hard to prepare itself for reaching a stage where it can monetize technologies like WAP which it created but did not patent properly. After selling its operating business in 2012, and the patent transaction with Ericsson (ERIC), it is being considered as a pure patent play. This particular deal was interesting with zero cash up-front payment. The revenue share schedule will be based on the actual revenue earned in future (20% of gross revenue on the first $100 million generated from the acquired patents, 50% of gross revenue between $100-$500 million, and 70% of gross revenue thereafter). This potentially can give hundreds of millions to Unwired. This deal apart, the real potential lies in its ability to patent and monetize those patents. The inventions are already being used widely, but lack of significant rights over those technologies reduces the probability of success in monetization efforts. Unwired can be encouraged by the success of Vringo, VirnetX etc. As mentioned in a recent report on Document Security System (NYSE:DSS) by prophetic analyst JP Moreno, a subsidiary of DSS has brought in a patent infringement lawsuit against Facebook (FB), LinkedIn (LNKD), Novell, Jive Software and Broadvision for infringement of a patent which is potentially worth hundreds of millions. The technology which is allegedly the “essence” of Facebook experience, is alleged to be violated by these biggies. Such lawsuits indicate the potential in monetization business. Unwired should move forward faster with the help of professionals in the monetization business for enforcing its rights. It needs cash and expertise to pursue its endeavors and the stock will move up decisively only after something concrete happens on this front. It is important that the replacement for the CEO Michael Mulica turns out to be good.

[Penny Roger$]

~ $UPIP ~ Parabolic SAR Buy Signals ~ Criteria alert for last trading session!

$UPIP has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
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[bassn]

Unwired Planet Strengthens Mobile Intellectual Property Portfolio with the Contribution of Complementary IP from the Industry...
Date : 01/10/2013 @ 4:05PM
Source : Business Wire
Stock : Unwired Planet, Inc. (MM) (UPIP)
Quote : 1.31 0.05 (3.97%) @ 5:12PM

Unwired Planet Strengthens Mobile Intellectual Property Portfolio with the Contribution of Complementary IP from the Industry...
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Unwired Planet, Inc. (MM) (NASDAQ:UPIP)
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Today : Thursday 10 January 2013
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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 [phone] 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 [phone]. The replay can be accessed internationally by calling [phone], 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.

[bassn]

Have not been following it to close the shares i have currently under water. They had a bad ruling several months ago. Between that tax loss selling hoping that this is the bottom. They have approx 60 million in cash. Burn rates suppose to go way down per their cc. These types of stocks have been pretty hot. I think could see a run like VRNG had. Plan on talking to the company to find out more information after first of the year.

Good luck and have a merry christmas

[$hellKing]

What do you think their odds are and how long could this take?

[bassn]

Unwired Planet Charges Apple and Google With Infringing 20 Patents
Date : 09/20/2012 @ 8:45AM
Source : Business Wire
Stock : Unwired Planet, Inc. (MM) (UPIP)
Quote : 2.105 0.255 (13.78%) @ 2:13PM

Unwired Planet Charges Apple and Google With Infringing 20 Patents
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Today : Thursday 20 September 2012
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Unwired Planet, Inc. (NASDAQ: UPIP), through its Nevada-based subsidiary, Unwired Planet LLC, today announced it has filed patent infringement complaints against Apple Inc. and Google Inc. in the U.S. District Court for the District of Nevada. The suits were filed by Unwired Planet to protect its intellectual property (IP) licensing business.

In two separate complaints filed in Reno, Nevada, Unwired Planet charges Apple with infringing 10 of its patents, and charges Google with infringing 10 different patents. Together, the two cases charge infringement of a total of 20 patents related to smart mobile devices, cloud computing, digital content stores, push notification technologies and location-based services such as mapping and advertising.

“Today’s actions follow a careful review that we launched in late 2011 as we began to transform Unwired Planet into an Intellectual Property company,” said Mike Mulica, CEO of Unwired Planet. “This litigation marks a key step in our multi-pronged strategy to maximize shareholder value through the licensing of our robust portfolio of patents and to protect our IP through litigation against unlicensed parties as necessary.”

“Apple and Google generate substantial revenues from devices and services that rely on the intellectual property that Unwired Planet developed and patented over the last 15 years. They should compensate us for the use of our patented technologies, which are foundational to mobility,” Mulica said. “As we have recently announced, we are relocating our operations to Nevada, a business-friendly, cost-effective and convenient location. Nevada has been chosen as one of 14 districts across the United States as a pilot patent district and it has developed specialized procedures to handle complex patent cases. As a result, we believe the Nevada district will be an ideal venue to resolve this matter with efficiency and expertise.”

Unwired Planet, founded in 1994, has been at the forefront of the mobile internet since the mid-1990s. It was one of the founders of the Wireless Application Protocol alliance, and has invented and patented technologies at the forefront of mobile communications. The company has been awarded approximately 200 U.S. and foreign patents and has approximately 75 pending applications. This IP encompasses some of the basic technologies that have enabled the deployment of mobile Internet browsing, the creation of the first technology that enabled photo messaging, and the launch of the world’s first Wireless Access Protocol (WAP), among many other innovations.

“The extensive number of patents named in the complaints against Apple and Google, together with the four patents pending in another case filed last year before the International Trade Commission against Apple and RIM – and their foundational nature – showcase the breadth and depth of our portfolio, which includes inventions key to mobility, including smart devices, cloud and push technologies, location-based advertising and services, and application and content access,” said Mulica.

In the case against Apple, the complaint specifically alleges that infringing Apple products and services include, among others:

Mobile Devices (including mobile phones, tablets, and music players with the iOS operating system including iPhones, iPads, and iPods),
Mobile Digital Content Systems and/or Services (including Apple App Store, Apple Apps, iTunes),
Cloud Messaging Systems and/or Services (including Apple Push Notification Service (APNS), Siri), and
Map and Location Systems and/or Services (including Apple Maps, Local Search, iAds, Safari web browser, Find My iPhone, Find My iPad, and Find My Friends).

The patents asserted against Apple are:

1. United States Patent No. 6,317,594, entitled “System and method for providing data to a wireless device upon detection of activity of the device on a wireless network,” asserted against devices such as iPhones and iPads which are able to get information, for example update notifications, when the device is switched on or moves between cells of the cellular network.

2. United States Patent No. 6,317,831, entitled “Method and apparatus for establishing a secure connection over a one-way data path,” asserted against services which use a push mechanism to get notifications to devices such as update badges sent to iPhone and iPad applications.

3. United States Patent No. 6,321,092, entitled “Multiple input data management for wireless location-based applications,” asserted against devices such as iPhones and iPads which use more than one source of location information, for example GPS, Wi-Fi and cell tower location.

4. United States Patent No. 6,532,446, entitled “Server based speech recognition user interface for wireless devices,” asserted against wireless server-assisted speech recognition for personal assistant services and dictation, such as Siri on iPhones and iPads.

5. United States Patent No. 6,647,260, entitled “Method and System Facilitating Web Based Provisioning of Two-Way Mobile Communications Devices,” asserted against Appstores for selecting and downloading applications on devices such as iPhones and iPads.

6. United States Patent No. 6,813,491, entitled “Method and apparatus for adapting settings of wireless communication devices in accordance with user proximity,” asserted against ways of using motion and proximity sensors to control devices like iPhones and iPads.

7. United States Patent No. 7,020,685, entitled “Method and apparatus for providing internet content to SMS-based wireless devices,” asserted against automated searching and information delivery based on keywords in a message from a mobile device, for example as used in Siri for iPhones and iPads.

8. United States Patent No. 7,233,790, entitled “Device capability based discovery, packaging and provisioning of content for wireless mobile devices,” asserted against digital stores with content and Apps for devices with different capabilities, for example the App Store for iPhones and iPads.

9. United States Patent No. 7,299,033, entitled “Domain-based management of distribution of digital content from multiple wireless services subscribers,” asserted against services such as iTunes or the App Store that distribute digital content to multiple domains, internationally.

10. United States Patent No. 7,522,927, entitled “Interface for wireless location information,” asserted against ways of obtaining device location information such as Find my iPhone, Find my iPad and Find my Friends.

The complaint against Google specifically alleges that infringing Google products and services include, among others:

Search and Advertising Systems and/or Services (including Google Search, Google AdWords, Google+Local, Google Places, Google Mobile Ads),
Mobile Digital Content Systems and/or Services (including Google Play, Google Apps, Bouncer, C2DM, and GCM),
Cloud Messaging Systems and/or Services (including C2DM and GCM),
Maps and Location Systems and/or Services (including Android Location, Google Maps, Google Street View, Google Latitude, Google My Location, Google+, Google+Local, Google Places),
Short-Range Radio Communications Systems and/or Services (including Google Wallet, Google Offers, and Google Mobile Ads), and
Mobile Devices (including mobile phones and tablets with the Android operating system, including Motorola Mobility and Nexus mobile phones and tablets).

The patents asserted against Google are:

1. United States Patent No. 6,292,657, entitled “Method and Architecture for Managing a Fleet of Mobile Stations Over Wireless Data Networks,” asserted against mass updates to applications installed on devices such as Android phones and tablets.

2. United States Patent No. 6,654,786, entitled “Method and Apparatus for Informing Wireless Clients about Updated Information,” asserted against push mechanisms to get updated information to devices such as Android phones and tablets.

3. United States Patent No. 6,662,016, entitled “Providing Graphical Location Information for Mobile Resources Using a Data-Enabled Network,” asserted against placing a location marker for the current location of a mobile device on a corresponding map, such as My Location in Google Maps.

4. United States Patent No. 6,684,087, entitled “Method and Apparatus for Displaying Images on Mobile Devices,” asserted against zooming into a map on devices such as Android phones and tablets, and providing zoomed-in images to users of Google Maps.

5. United States Patent No. 6,895,240, entitled “Method and Architecture for Managing a Fleet of Mobile Stations over Wireless Data Networks,” asserted against group and mass notifications/updates to mobile devices such as Android phones and tablets.

6. United States Patent No. 6,944,760, entitled “Method and Apparatus for Protecting Identities of Mobile Devices on a Wireless Network,” asserted against authenticated push of information from application developers to devices such as Android phones and tablets.

7. United States Patent No. 7,024,205, entitled “Subscriber Delivered Location-Based Services,” asserted against search and advertising using location, such as sponsored links in Google searches which are paid for using Google Adwords.

8. United States Patent No. 7,035,647, entitled “Efficient Location Determination for Mobile Units,” asserted against identifying the location of a device, such as an Android phone or tablet, with increased accuracy using multiple sources, such as GPS, Wi-Fi and cell tower location.

9. United States Patent No. 7,203,752, entitled “Method and System for Managing Location Information for Wireless Communications Devices,” asserted against privacy control for applications requesting access to the location to a device, such as an Android phone or tablet.

10. United States Patent No. 7,463,151, entitled “Systems and Methods for Providing Mobile Services Using Short-Range Radio Communication Devices,” asserted against devices with advanced Near Field Communications (NFC) services, such as NFC-based commerce, advertising and coupons, and access to content using NFC.

About Unwired Planet

Unwired Planet, Inc. (NASDAQ: UPIP) is the inventor of the mobile Internet. Unwired Planet established many of the foundational patents that allow mobile devices to connect to the Internet. Over the years, the company has amassed a patent portfolio of approximately 200 issued US and foreign patents and approximately 75 pending applications, many of which are considered foundational to mobile communications, and span smart devices, cloud technologies and unified messaging.

Cautionary Language Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding Unwired Planet’s expectations regarding its plans and strategic direction. All statements other than statements of historical fact contained in this press 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 Unwired Planet’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 the ability of Unwired Planet to realize anticipated results of its plan and strategy, the ability of Unwired Planet to implement and execute its plan and strategy as well as those risk factors discussed in filings with the U.S. Securities and Exchange Commission (“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. Unwired Planet 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 press release.