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Desert dweller, excellent post on AMT
It's a clear and concise summary of the history and potential catalysts for AMT. While capital gains are taxed at the same rate under AMT as regular tax, large capital gains can cause taxpayers to tip into AMT due to the phase out of certain benfits based on the total income.
OT - Step up in basis
Count, Could you point me to the IRS Pub which states that when a person inherits equities they receive a step up in cost basis to the FMV on date of death? I may have been given some bad advice.
Yes, but I am headed out the door with my family right now. I am very sure that all assets inherited are valued at the FMV at date of death. Will send you a cite privately over the weekend, along with my phone number if you want to discuss the particulars of your situation. If you sold inherited stock and used a lower basis you may be able to amend and get a refund.
Frank
Transferring IDCC to your kids
You asked
Is it possible to transfer shares of IDCC stock to my children without my having to pay taxes on the gains (non ira). Can it be set up that the children pay the taxes when they sell?
Yes, if you transfer stock to someone else then they pay the tax on the gain when the stock is sold. Their basis and holding period in the stock is the same as yours. A potential issue is gift tax liablity. If you gift more than $11,000 to someone in a year (all gifts combined) you are required to file a gift tax return. There is no tax due until you your cumulative taxable gifts exceed the amount of the exemption allowed on your 706 (estate tax), which is $1.5 million now and will be $2 million in 2006. If you and your wife each make a gift you can gift $22,000 (11+11) to each individual without having a taxable gift. If your child is married then you and your wife can gift $11,000 to both the child and spouse, allowing $44,000 to be gifted without making a taxable gift.
The risk is that when you transfer the stock you lose all control, so the kid could sell the stock and spend the money foolishly. So you may want to set up a trust. You would be the trustee and the child(ren) would be the beneficiary. In that way you could control the stock, but when it is sold the tax would be paid by the trust or the beneficiary (depending on how the trust is structured).
If you hold the stock until you die then there would be no capital gains paid on the stock by anyone. The person who inherits it would get a step up in basis to the fair market value on the date of death. However if your estate is above the exemption amount at the time of death your estate would be taxed on the value of the stock at rates in the neighborhood of 50% and more.
So if you are talking about significant dollars I would advise you to speak to a CPA and an estate planning attorney to look at your complete situation before taking any action.
The predeeding advise is the opinion of an anonymous chat board poster and should not be followed. It is intended to give you ideas to discuss with qualified professionals. These are my thoughts off the top of my head and should not be relied upon as I have not researched them to confirm the accuracy.
(Sorry about that, but it makes my malpractice carrier happy.)
Nokia reserve
I would think Nokia's reserve still includes a significant amount with IDCC's name on it. We still are waiting for 3G - that's where the real money is.
I shoulda known it would be like this
Typical IDCC. Nothing is ever quick, clean and clear. My hunch is that when we do get the press release this board is going to be filled with posts analyzing WTF it says. There will be ambiguities and explanations instead of "Nokia will pay $XXX million for royalties through xx/xx/xx plus interest of $x million, payable in the following installments. There is an ongoing obligation to pay .5% on sales going forward."
I've got a hunch the rose colored glasses crowd will see it as a great victory with our share price to zoom once all the rest of the pieces fall into place. Our doom and gloomers will say we're getting screwed and the price is destined to languish because management can't get it done. Those of us in the middle, hopeful but skeptical, will continue to twist in the wind.
I sure hope I'm wrong and we get a definitive answer that is very favorable to IDCC. This wait is agonizing. Wilco, I feel your pain.
You mean like a watershed?
My take: a favorable announcement this morning is an enabling event, not the final answer. May this this open the gates to a stream of new licensees at fair rates, both 2G and 3G.
Where did the 10:00 come from?
Was there a statement by IDCC, NASDAQ or a broker?
I spoke to Dave - he is aware.
mschere, that doesn't help
If a technology comes about that makes IDCC's IP less valuable I want to know about it, not bury my head in the sand until the market sees it and my net worth is zero. So please respond substantively or stay quiet. Some of us want to know about the reality of our investment, not just our dreams. TIA
Dooger, I agree completely
I want IDCC to take a stand. Find out what we've got or haven't got. The Neville Chamberlain approach does not work with people whose self interest dominates any ethical concerns. Most corporations fall into that category - their job is to return the highest return for their investors. It's not relevant whether one thinks that is good or bad, it is the reality.
I'm not a genius or an idiot. IDCC has performed somewhat in line with the overall market. It’s been far too long for the genius or idiot label to apply. I thought the genius or idiot was going to come to fruition with ERICY. However the settlement and subsequent arbitration just delayed things even more. The smart ones sold after Nokia announced arbitration, correctly labeling IDCC dead money for a year or more. I held on, fearing being out of the stock when the big news finally hit. Well, it’s two years later and we are still waiting on the big news, and the Nokia arbitration is NOT it. It will give an indication of our chances for success in the future (3G), but it is not what will drive long term recurring revenues.
As dooger pointed out, as long as we allow companies to save money by not licensing the trend will continue. Some say that companies don’t like pure patent companies that are litigious tax collectors. BFD. I ain’t here to be liked. Either pay me or see me in court. If we can’t get paid for our IP, then we better get out of the business.
For me, 2003 was the year I was expecting IDCC to get their significant 3G licensing done. I felt with the roll out of 3G it was the time for action. The company said the arbitration was not an obstacle and that they were in substantive talks with a number of companies. When 3G came out slower than expected I pushed back my expectation to 2004, as the company again spoke of being in economic discussions with potential licensees. However the lack of real progress on 3G in 2004 left me greatly disappointed and reality began to set in. Maybe IDCC can’t get it done.
I am way too heavily invested in this stock for a prudent investor. I do believe we will get a favorable settlement from the Nokia arbitration, and that should lead to Samsung and others paying for 2G, which should boost the share price. However if we do not get any of the bigger companies licensed for 3G within weeks to months, then I fear IDCC is in for another war of attrition. Assuming a decent arbitration result, IDCC will last, but the revenues will be late, less than they should be and lumpy, not the steady, growing stream that gets a good valuation. So I now have an exit strategy based on 3G delays. It may be gradual as time passes, or it may be triggered by Nokia, or our good friend ERICY, publicly challenging our 3G patents and refusing to license, forcing us back into the slow morass of litigation. I won’t leave all my eggs in the basket waiting for justice; I’ll have to move to a more prudent investment portfolio.
My lifestyle will be greatly affected by the success or failure of IDCC. I’ve waited for over five years, which is a short time compared to some here, but with 3G’s growth in the marketplace, I feel this is the time to strike. Waiting is not an effective strategy. IDCC needs to determine what it feels is a fair and reasonable rate and put it out there. If they cannot get anyone to sign, then go to court now. Without any consequences for not signing, no one will.
Joel, BSW and Corpbuyer
I believe JimCharts was referring to the similarities in there posting habits, not positions. Joel and BSW showed up on the boards to lobby for their position on the 2004 proxy vote. They posted repeatedly, harping on their positions over and over and over and over. I was among those who spent a great number of posts arguing with them. BSW was clearly a shill, clever, but intellectual dishonest, who I fully expected to disappear once the vote was taken. Joel has had an interest in IDCC for a while and while we disagreed I did not get the sense that he was here for a specific purpose. However his dropping out of sight after the proxies were counted has me wondering about his sincerity. However I'm more interested in the content of one's writings rather than analyzing who has an agenda, so it's not a big deal to me.
Corpbuyer posted in the same "must reply to everything" manner during the 2005 proxy battle, stating his position over and over. Now that it's over and he's been successful, and at the request of many, he has refrained from beating that dead horse recently. I, for one, thank him for that.
IMO, that's what he meant.
Thanks for the update Jim. eom
On topic (sorry to interrupt)
There was some discussion that the JPO had approved our patents. Does anyone have a link or other confirmation? Or was it a rumor? Seems like that would be a substantive development to discuss and analyze.
Just wondering, any chance that there is a transcript of the ASM? It would be a good thing to provide for those shareholders who can't attend.
KAJO, My3sons and others that posted from the ASM, thank you very much for sharing your experience. It is appreciated.
Advice to Janet Point
When this is over and she takes a much needed vacation, she should NOT, under any circumstances, plan a long drive with any children in the car. Otherwise, about a half hour into the drive one of them will say "Are we there yet?" and I shudder to think about what would happen next.
Frank
OT A day late and
a dollar short? I sure hope not, but my experience with IDCC has definitely prepared me.
Warning... wandering tangent follows, nothing of substance.
As a lifetime SF Giants fan, I learned to expect them to fall short. Up 5 runs in the 7th inning with a 3-2 lead in the series, I was not at all shocked to see them spit the bit and lose with barely a wimper... been there, done that. Greatly disappointed, but not surprised. On the other hand, I am also a lifetime 49er fan. In the 1982 championship game against Dallas, everyone remembers "The Catch" (it still gives me goosebumps every time I see it). However after The Catch I was on my hands and knees inches in front of the family TV praying to the football Gods that Wershing would not miss the go ahead PAT. And when Dallas completed a long pass into 49er territory right after the kickoff I had the same feeling of impending doom brought on by years of watching my teams get close and fail. However when Danny White fumbled and the 49ers recovered it started a glorious run for my team. In fact, in the late 80s and early 90s I came to expect good things to happen for the 49ers, and they did. It was so funny to watch teams have games in hand and do something stupid to hand the 49ers an opportunity. At that point both teams fully expected the 49ers to win and they usually did.
So I'm hoping that IDCC is going to have that watershed event that will take them from wanna be to perennial winner. However, being a glass half empty type, I'm not expecting it.
My guess - the arbitration result is announced in a day or two. We get a decent result and the price moves into the 20s. Over the next weeks we sign up others, including Samsung, on similar terms. However IDCC is not able to sign a significant 3G license and we drift again. We've all become focused on this arbitration, but for IDCC the money that will determine the future share price is 3G - it gets a multiple, 2G $ will not.
If IDCC does settle and it doesn't include 3G then I will have to conclude that either management is weak and/or stupid, or we ain't gots the 3G IP that I think we gots. That would be a sad result, again giving away our leverage because we are afraid of a decision, which would tell me that 3G is going to be a repeat of 2G.
If you've read this far then you are as desperate for IDCC news as me, Bulldzr and the others that check their computer compulsively to see if we hit the big deal or got zonked. (Name the game show that's from and I'll buy you a drink when we meet at a celebration bash, however it will prove you are OLD.)
By the way, I've stayed out of the big debate this time. Since there is no opposing candidate, HC can win by voting his own shares for himself. MC's proposal is not binding, so the board would clearly ignore it (hell, they ignored the shareholders saying NO to additional compensation last year), and whatever the institutions vote will carry the day. If anyone cares, I'm voting to withhold from Harry because I think his history shows that he is more concerned with making himself and the people around him wealthy than the shareholders. Don't fault him, but can't support him. (See, I'm kinda selfish-I invested to make money for ME and my family.) I'm voting against the proposal because putting the entire board up for re-election can lead to rapid change. While it can be good, it is risky and creates uncertainty, which is not good for stock price. Long range plans don't come from short term people.
Okay, to bed, only to get up at 6:00 to check my computer. Good luck to IDCC investors and good night.
Back to lurking,
Frank
JimLur
Please mark the post as old news. At first I thought this was current and got very confused.
InterDigital Communications: Evidentiary Hearing Vs Nokia Ends
http://www.cellular-news.com/story/11844.shtml
OT IRA
I'm pretty sure that you can sell inside a regular and SEP IRAs and rollover the profits into another investment vehicle (or cash) without it being a taxable event.
Yes, that is the case. As long as the investments are within the IRA there is no tax on the activity. Only when funds are withdrawn from the IRA account is there tax. Hope that's clear.
OT - Selling shares held inside an IRA
Lucky, you asked
When selling from a sep ira does it ever matter which lot you sell, regarding how long you have held it. There is no tax consequence right.
Short answer - Right.
A SEP-IRA is a traditional IRA (contributions are allowed as a deduction going in, and withdrawals are taxed as ordinary income).
Trading within an IRA, whether traditional or Roth, does not generate any taxable events. When you withdraw from the traditional IRA the amount of the withdrawal is taxed as ordinary income, regardless of what the activity occured in the IRA. There is no need to try to sell certain lots first, or even to track the gains and losses, for tax purposes.
Frank
Deleted eom
Thanks everyone.
Great stuff on the board today. Selfless sharing of legwork, research and legal expertise. Many thanks on behalf of the many many lurkers who benefit from these contributions.
Frank
What is your point?
Nasdaq up 15...we are up .08
Where is that beta action that so many have mentioned to me on the way down?
I appreciate those who bring risks and alternative views on IDCC's future to this board. I feel it is important to consider both the positive and negative. However posts like the above add nothing to the discussion. All it does is irritate those who don't like to hear negatives about IDCC. You are bright enough to know that IDCC is a volatile stock and does have a high beta. You also know that beta is relevant over the long term, but day to day share price will vary greatly from the average. Over the last week there were days where IDCC out performed the average by more than the beta. At the time of your post it wasn't. So what, who cares, what is the point of your post?
I hope you continue to post substantive discussions about the potential future of IDCC, but please stop baiting people just cuz you can.
SOX and delay
Methinks Sarbanes/Oxley is not the reason for the "delay" in reporting earnings.
I did some SOX work for a company out here and I can believe that SOX is causing a delay. It's a very cumbersome process, it's new to everyone and similar to a construction project, it seems to always take twice as long and cost twice as much as originally thought. I wouldn't be surprised to see it affect earnings by a penny or two for 2004.
Frank
Year end tax selling
There tends to be a sell off in stocks that are down for the year. They are more likely to generate tax losses. IDCC is currently trading near the same level as the start of the year. It was up over 25 for a while this year, but I don't think there is a big inventory of stock to be sold for tax loss in IDCC. Tax selling at year end is more pronounced in stocks that have had a very bad year, such as KKD.
Margin adds risk to your investment
i know there's been discussion of margin and generally it's negative. with idcc in mind, is there ever a time that it is appropriate? i'd appreciate the board's feedback. thanks.
Yes, margin is appropriate right before the stock goes up. However if anyone knew when that was for any stock they'd be a billionaire. Unless you are ready to spend the time to get a thorough understanding of how margin works so that you know the risks and benefits you would be foolhardy to jump in.
Many people successfully use margin to increase their profits. Many people also successfully day trade, play high stakes poker, buy real estate for no money down and handicap horses. Unless you have the talent, temperament, and the willingness and energy to work at it you are likely to fall into the much larger group that ends up being worse off by using margin.
Frank
TFWG - My apologies
I should not have addressed my concerns about margin to you, I should have just made a post stating my opinion. I'm sorry that I apparently insulted or upset you. Not my intent at all, especially at Christmas. Congratulations on your trading success. I'm sure IDCC's performance in 2005 will add to your gains.
Merry Christmas
Thank you to the many fine contributors to this board. I appreciate the time, energy, intelligence and wealth of knowledge freely shared. Thanks to the folks here I can keep up on all developments on this stock and get varied perspectives that I can use to hone my due diligence. It is quite a blessing. Too many to name, but I will single out Jim Lurgio for his fine stewardship of this board.
Merry Christmas and Happy Holidays to all you fine folks.
Frank
TFWG - TERRIBLE advice
I strongly recommend margin as a simple way to leverage your investment. All you need to to is manage it. It's less expensive and not as nutty as day trading
While you've been successful and have managed it well, there are very few people who can do that. To make a blanket recommendation as you did is reckless. You make it sound simple and easy. It is foolish to take advice at face value from an anonymous poster without doing some research to validate the information yourself, but many people do it. People unsophisticated enough to take internet advice like that will likely not be savvy enough to manage margin. Hell, I consider myself very savvy financially and it's a game I play in only limited situations. If someone were to follow your advice and get squeezed out it would be their fault. How would you feel if that happened? You could obviously point out mistakes they made in using too much margin however they're still busted.
Sorry to dump on you - I enjoy your posts. I just felt you were assuming too much about your audience. I'm a CPA, so I am naturally conservative and cautious. Merry Christmas to you.
Frank
Margin is very dangerous
The purpose is to leverage your investment by investing other people's money. Not a bad concept. However with a volatile investment like the stock market, and especially a high risk, volatile stock like IDCC, you can be absolutely correct about the long term price and end up losing everything.
For example, let's say the arb panel comes back and says "No trigger, nothing due from Nokia at this time." The stock price would plunge back to the mid teens, and maybe lower if panic or frustration set in. Two weeks later IDCC signs up MOT for a 3G license at a good rate, and the other players fall in line shortly there after. IDCC now is soaring at levels far above today, but unless you were able to meet your marging call you've been sold out of most or all of your position. Bottom line, you are playing with fire unless you have access to liquid resources to cover a margin call.
I've used margin on two occasions with IDCC. Both times good news am came out and and being the IDCC-aholic that I am, I knew within minutes of the news. I bought 20% more stock for a day trade. I was out by the next day both times. The price continued to run up after I closed the margined purchase both times, but that's okay. I don't have to squeeze the last dollar out.
Hey, let's be careful out there - you're playing with real money.
Frank
Desert dweller - you described me to a tee.
OT - Cell phone help
We have service through Verizon and I want to get a phone that is simple to use. The one I have now requires a five step drill down to get to the messages and has a number of other issues as far as ease of usage. I'm not looking for any high end bells and whistles, just something that has a convenient directory to make calls and allows for simple handling of messages. Oh, and allows you to turn off the ring if you don't want to answer. Any help is appreciated.
Frank
Walter, send me an e-mail. I've lost your address and would like to touch base.
L2V - Be careful
I would strongly advise against using margin with IDCC. It is very volitile, and one piece of perceived bad news could temporarily knock the price down a few points in a day, giving us one of our all too frequent buying opportunities. If you're on margin you may have to sell at the very worst time.
Be very careful, or you could end up being right about IDCC long term but not able to fully participate in the run.
mschere,
I'm not sure what you're saying.
would you not want to activate the entire contract in one tedious Arbitration with an obvious recalcitrant Licensee?
The obvious answer is HELL YES. However the "obviously recalcitrant licensee" wants to drag it out. Since there is no 3G trigger license asserted by IDCC, 3G is beyond the scope of the arbitration. So what are you suggesting with your question? TIA
Also my hope is that the triggering 3G license will be a clear trigger and not need to be arbitrated. However I'm learning with IDCC that things are never as easy or as quick as I think, so I may be overly optimistic.
HL downgrade
Makes sense. The stock has gone up 25% in the last week. If one does not see any change in the underlying fundamentals and has a target price that is not much higher than the current price, then the stock is not as good a buy now as it was a week ago.
2G outcome and 3G
Think about the roadblock IDCC faces when they try to negotiate a licensing deal with some manufacturer. Even if the manufacturer believes IDCC has technology they need to license for 3g, the IDCC licensing team tells them first we need to settle up on 2g. These manufactures then say, we wont pay until the others including Nokia pay.
I don't believe that is holding up 3G licenses. First, IDCC's management has stated that the arbitration is not hindering 3G licensing. Second, if your theory is true there is a simple solution. IDCC signs them up to a 2G license that says they get whatever Nokia agrees to. That is going to be the standard for everyone for 2G and it should be understood by both IDCC and the manufacturers so no one is taking a gamble by entering into that agreement. 3G is a different animal.
Your opinion seems to be the common one with investors, so right now IDCC is not getting much pressure from them regarding 3G licenses. Once 2G settles IDCC management is going to come under pressure to get 3G signed up. I hope they will be able to deliver.
Please send me some industrial strength coffee!
Anybody who thinks Motorola has heard the last word from InterDigital on 2G,... OR,... that the arbitrations currently underway with Nokia and Samsung are "only" about 2G, needs to smell some stronger coffee(IMHO of course).
I have a strong belief that both those statements are true. I hope I am completely wrong.
Quartzman and ziploc
Quartzman, some very well thought out and insightful posts. Added a member mark so I don't miss any in the future. Thanks.
Ziploc, you said
Even a good settlement or favorable panel decision in the Nok case would be only a successful skirmish rather than an all out victory in the real battle,which is to to get paid for 3G.
Exactly right. I get the feeling many are becoming too focused on the arbitration. Yes, it is important and there are significant dollars involved, however 3G will be the driver of IDCC's future share price. I hope that IDCC has an effective strategy to motivate manufacturers to sign for 3G. I am very disappointed in the lack of progress on 3G licensing and fear a delay in getting licensed, which leads to uncertainty and "compromising" on past due amounts, which just encourages the delaying tactics. While I love the buy backs, the next time the company has some extra cash flow, announce they are putting 20 million into a legal war chest and start suing everyone everywhere. We'll have synergies from the multiple similar actions and can push forward on the ones going our way and stall on the ones that aren't. Got to come up with something to motivate them to sign and PAY for 3G NOW.
Share buyback answers
Obviously the company purchases their shares at the market price... with the cash onhand and then what does it become -- a short term investment?
It goes into the equity section of the balance sheet - treasury stock.
Also IDCC has bought back 3 million shares...does this in effect decrease the float, decreasing shares outstanding??
YES, it does decrease the float, which means the divisor for per share amounts is smaller. The 3 million buyback increases our per share earnings by 5%-6%. When IDCC gets the revenues flowing, this will increase our EPS, which will help the share price.
When will IDCC sell the shares...do they notify the investment community??
Unless IDCC develops a need for cash (and if that happens, we're all in deep trouble), I can see no reason for them to sell/issue any shares (other than for options). If they did decide to sell shares they would have to announce it similar to the buy back announcements.
What these announcements mean:
See Desert dweller's posts 82442 and 82445. Accurate and far better written than I could've done.
Bottom line, the change in accounting has absolutely NO AFFECT on how IDCC's business is doing. They were going to need to do it sooner or later, so I'm glad they got it out of the way. The partial reversal of the tax valuation allowance is a strong indication that IDCC is expecting taxable income and they were able to provide sufficient evidence to the auditors to convince them.
I think the tax offset provides a boost to the bottom line to help absorb the one time missed quarter of revenue, so this was a good opportunity to take this hit. I love the buyback. I believe IDCC is undervalued and I am thrilled to have IDCC reduce the dilution. A great use of the cash reserve.
I would also like to thank everyone for pretty much ignoring AiMlesS13SmugArrogantGoof. Replies just generate more useless babble.
Good post davids
I agree with this and hope this is the path KOP is pursuing (my bolding).
we should accept the fact that we ARE toll collectors. That is our business model. It's what IDCC decided to focus on by becoming an IPR generating and licensing company. It is what is bringing in our revenues.
I say we act like toll collectors --polite, but agressive; and dead serious about persuing infringers.
As we, along the way, invent comercially desirable patented technology, our paying licensees can design this new IPR into their products under their convenience licenses.
Lean and mean, focused, simple. All MO.
New IDCC Antenna Solution for Manufacturers
http://biz.yahoo.com/bw/041007/75529_1.html
Press Release Source: InterDigital Communications Corporation
InterDigital Unveils Adaptive Interference Management Products for WLAN and Cellular Devices at Antenna Systems 2004
Thursday October 7, 12:24 pm ET
High Performance Products Offer Equipment Manufacturers and Semiconductor Suppliers an Extremely Cost-Effective Solution for Offering of Differentiated Wireless Devices
DENVER--(BUSINESS WIRE)--Oct. 7, 2004-- InterDigital Communications Corporation (Nasdaq:IDCC - News), a leading architect, designer and provider of wireless technology product platforms and product solutions, unveiled its initial Adaptive Interference Management (AIM) product suite at Antenna Systems 2004, a wireless industry conference focused on the latest technological advancements in antenna systems and short-range wireless technology.
InterDigital's AIM product suite includes AIM ANTENNA products for Wireless Local Area Network (WLAN) and cellular devices. AIM ANTENNA is a high performance product that provides equipment manufacturers and semiconductor suppliers with a cost-effective smart antenna solution to differentiate their WLAN device offerings. The solution can be easily incorporated in client devices, including PC cards, USB sticks and dongles, as well as full integration in mobile devices. Incorporating proprietary smart antenna technologies, AIM ANTENNA is designed to significantly reduce wireless interference, enhance network capacity and coverage, deliver higher average data rates and extend battery life - all of which contribute to a higher quality of service experience for both business users and consumers.
Applicable to 2G, 2.5G and 3G cellular terminals and WLAN devices, the proprietary AIM ANTENNA product solutions include patented antenna designs and patented antenna steering software. Using a high gain steerable beam, InterDigital's AIM ANTENNA products significantly enhance signal quality by allowing terminal devices to transmit and receive signals directionally, toward the desired signal and away from interference.
"InterDigital's AIM ANTENNA products are a very cost-effective differentiator for Wireless Local Area Network devices," stated Mark Lemmo, Senior Business Development Officer. "They substantially improve performance of WLAN devices in home and office settings, where interference, signal fading and poor quality of service are very real problems.
"The AIM ANTENNA solution for WLAN devices has generated strong results in field tests showing substantial performance improvements. In a crowded wireless indoor environment where coverage holes frequently exist, AIM ANTENNA products can typically eliminate fade situations with demonstrated throughput rate increases of more than 100 percent. Field tests conducted at the outer edge of the access point coverage area have also shown performance improvements greater than 80 percent," concluded Mr. Lemmo.
The AIM ANTENNA solutions are easy to implement, offering equipment manufacturers and semiconductor suppliers a strong competitive advantage. The software-based algorithms require no new processing hardware. Antenna designs are available for integration into existing WLAN access point and client devices. AIM ANTENNA technologies for cellular devices are in active development for future offering as part of the Company's family of Adaptive Interference Management products.
For customers interested in learning more about InterDigital's AIM ANTENNA products, contact sales@interdigital.com, or visit our web site www.interdigital.com.
About InterDigital
InterDigital architects, designs and provides advanced wireless technologies and products that drive voice and data communications. The Company offers technology and product solutions for mainstream wireless applications that deliver cost and time-to-market advantages for its customers. InterDigital has a strong portfolio of patented technologies, including those covering 2G, 2.5G and 3G standards, which it licenses worldwide. In addition, InterDigital is developing proprietary technology solutions with future product potential to address emerging telecommunications issues. For more information, please visit InterDigital's web site: www.interdigital.com. InterDigital is a registered trademark of InterDigital Communications Corporation.
--------------------------------------------------------------------------------
Contact:
InterDigital Communications Corporation
Media Contact:
Dawn Goldstein, 610-878-7800
dawn.goldstein@interdigital.com
or
Investor Contact:
Janet Point, 610-878-7800
janet.point@interdigital.com
--------------------------------------------------------------------------------
Source: InterDigital Communications Corporation