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PRESS RELEASE: InterDigital Signs Patent License Agreement
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--June 6, 2003--InterDigital Communications Corporation (Nasdaq:IDCC), a leading architect, designer and provider of wireless technology and product platforms, today announced that its subsidiary, InterDigital Technology Corporation (ITC), has signed a non-exclusive, worldwide, royalty-bearing patent license agreement with Nakayo Telecommunications, Inc., a manufacturer of telecommunications equipment for the Asian markets.
The agreement covers wireless terminal units and infrastructure compliant with TDMA-based PHS standards. Under this agreement, ITC will receive a royalty on each licensed product sold by Nakayo worldwide. Nakayo will pay ITC an advance royalty payment and a one-time license fee. Once the advance payment is exhausted, Nakayo will be obligated to pay additional royalties to ITC on each licensed product sold through the life of the licensed TDMA patents. The one-time license fee paid to ITC will be recognized as revenue evenly over the life of the agreement.
"The signing of this agreement with Nakayo Telecommunications, Inc., a new entrant into the mobile wireless equipment market, reflects the strength and essentiality of our patented inventions, and the competitive importance of our technology for the mobile wireless market," said William Merritt, President of ITC. "Our momentum in patent licensing continues to accelerate. We have been particularly successful in licensing manufacturers who produce mobile wireless products to the PHS standard, with 24 such licenses now in place worldwide."
About Nakayo Telecommunications
Nakayo Telecommunications of Japan manufactures and sells telecommunications equipment such as key telephone systems, telephone sets, telephone parts, switching equipment and data equipment. The company is headquartered in Tokyo, with additional operating centers throughout Japan.
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 covering 2G, 2.5G and 3G standards, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com. InterDigital is a registered trademark of InterDigital Communications Corporation. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements regarding our patented inventions, the importance of our technology for the mobile wireless market, and momentum in patent licensing. Forward-looking statements are subject to risks and uncertainties and actual outcomes could differ materially from those expressed in any such forward-looking statements due to a variety of factors including, but not limited to, (i) our ability to enter into additional license agreements; (ii) the impact of the Severe Acute Respiratory Syndrome epidemic on our ability to engage in negotiations in Asia and elsewhere; (iii) our ability to adequately prosecute, enforce and protect, our patents and other intellectual property rights; and (iv) as well as other factors listed in the Company's most recently filed Form 10-K and Form 10-Q. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: InterDigital Communications Corporation Media Contact: Dawn Goldstein, 610/878-7800 e-mail: dawn.goldstein@interdigital.com or Investor Contact: Janet Point, 610/878-7800 e-mail: janet.point@interdigital.com KEYWORD: PENNSYLVANIA JAPAN INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET HARDWARE COMPUTERS/ELECTRONICS SOURCE: InterDigital Communications Corporation Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: http://www.businesswire.com
(END) Dow Jones Newswires
06-06-03 1041ET
52W HIGH: New 52-Wk High for IDCC @ $28.790 up3.01% [delayed]
Ridgeland, MS, JUN 06, 2003 (EventX/Knobias.com via COMTEX) -- This is the 2nd 52 WEEK HIGH alert for IDCC in the past 7 calendar days.
The share price for Interdigital Communications Corp (NASDAQ NM: IDCC) reached a new 52-week high today, trading at $28.790, up $0.840 (3.01%) from its previous close of $27.950.
The Company's previous 52-week high of $27.960 was set yesterday on June 05, 2003.
One year ago, the Company's shares closed at $10.920. The price has climbed more than 163 percent since then.
At the time of this alert, the stock had traded 83,700 shares via 152 trades, 93.04% below it's 20day average of 1,202,885 shares.
This new 52-week high currently puts the stock:
14.23% above its 20day Moving Average of $25.204
26.27% above its 50day Moving Average of $22.801
54.51% above its 100day Moving Average of $18.633
The Company last released news on June 05, 2003 (yesterday):
"InterDigital Executives Review Key Accomplishments and Objectives at Annual Shareholder Meeting"
INTERDIGITAL COMMUNICATIONS CORP
InterDigital Communications Corporation specializes in the architecture, design and delivery of wireless technology and product platforms. The Company develops advanced wireless technologies and products that facilitate voice and data communications. In conjunction with its technology development, the Company has assembled an extensive body of technical know-how, related product embodiments and a broad patent portfolio of Time Division Multiple Access (TDMA) and Code Division Multiple Access (CDMA) patents, which its licenses worldwide. The Company markets technologies and solutions primarily to wireless communications equipment producers and related suppliers. These solutions are embedded into products targeted for the following wireless telecommunications applications: mobile phones, personal digital assistants, mobile computing devices, other terminal-end wireless devices, base stations, and other infrastructure equipment.
GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit http://www.knobias.com/cmtx
ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.
CONTACT: Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com/cmtx
Copyright 2003 Knobias.com, LLC, All rights reserved.
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SUBJECT CODE: 52-Week High Technical Analysis
DD, do you see any action?
no bids....no nothing.
Bulldzr, over 150,000
D.D., Having fun?
That's an understatement.28.79
Desert dweller, We have a trade @ 28.10 eom
WJ Communications Showcases Over 10 New Semiconductors at IMS 2003
Pennsylvania Convention Center - Philadelphia, June 8-13, 2003
SAN JOSE, Calif., Jun 6, 2003 (BUSINESS WIRE) -- WJ Communications, Inc (Nasdaq:WJCI), a leading designer and supplier of high-performance RF semiconductors and multi-chip modules, today announced that it will showcase more than 10 new products at the 2003 IEEE MTT-S International Microwave Symposium (IMS) and Exhibition. IMS2003 will be held at the Pennsylvania Convention Center in Philadelphia, PA, June 8-13, 2003. Dual-branch downconverters (CV2xx Series), variable gain amplifiers (VGA1xx Series), 0.25 to 2.0 W HBT amplifiers (AH Series), 2.0 W HFET (FP31QF), high-gain/linearity 0.5 W amplifier (AH103) and a variety of other WJ RFICs will be on display in the company's exhibit, booth #2137.
"WJ continues to rapidly expand its product lines and now offers its wireless infrastructure and wireless OEM customers a wide-variety of high-performance products," stated Javed Patel, senior vice president of sales and marketing at WJ Communications. "In addition to broadening our product line, we are offering aggressive pricing while still guaranteeing high quality and reliability. This compelling value proposition of WJ's products is becoming increasingly evident."
New Semiconductor Products
Dual-Branch Downconverters -- The performance characteristics of WJ's expanding CV line of integrated converters enable engineers to meet a wide range of design requirements for various infrastructure communication applications. These new devices meet the growing demands of new wireless systems in Europe and Asia. The CV211-2 and CV211-3 target the UMTS and W-CDMA / IMT2000 bands. Each converter includes high-linearity amplification, frequency conversion, IF amplification and LO driver amplification in a 6 x 6 mm, 28-pin QFN package. Customized filtering can be enabled externally. These MCMs are realized with reliable and mature GaAs MESFET and InGaP HBT technologies.
Con- ver- Cur- WJ Frequency Range LO sionInputInputNoise rentBias Model PowerGainIP3 P1dB FigureNumber RF (MHz) IF (MHz) LO (MHz)(dBm) (dB)(dBm)(dBm) (dB) (mA)(V)------- --------------------------------------------------------------CV211-2 1900-2200 150-300 1600-2050 0 10 +29 +9.5 11.5 420 5CV211-3 1900-2200 65-200 1700-2135 0 10 +27 +9.5 11.5 420 5------- --------------------------------------------------------------
Variable Gain Amplifiers -- Our recently released VG series variable gain amplifier line is the industry's first to integrate high performance amplifiers and attenuators within a single package. Superior thermal design allows the products to have a minimum MTTF rating of over 100 years at a mounting temperature of +85(degree)C. The combination of high gain, low NF, and constant IP3 over a wide gain control range make these devices the best-in-class for base station transmitter and receiver chains that process complex digital modulation formats such as CDMA, GSM, PCS and UMTS. The VG101 and VG111 are packaged in a 6 x 6 mm, 28-pin QFN.
Gain Attenu- Vari- Out- Out- WJ ation ation put put Cur- Control Model Frequency Range Gain Range IP3 P1dB rent Voltage Bias Number (MHz) (dB) (dB) (dB) (dBm) (dBm) (mA) (V) (V)-------- ---------- ------- ----- ----- ----- ----- ---- ------- ---- VG101 750-1000 28 16.5 30 +37 +21 150 0-4.5 +5 VG111 1800-2200 28 14.0 30 +37 +21 150 0-4.5 +5-------- ---------- ------- ----- ----- ----- ----- ---- ------- ----
2 Watt HFET - The FP31QF operates over the 50-4000 MHz frequency range. In cellular, PCS and UMTS applications, output power at 1dB compression is typically +34 dBm with a corresponding output third order intercept point of +48 dBm. Gain is 18 dB at 900 MHz. The FP31QF is packaged in a thermally-efficient, low-profile 6 x 6 mm QFN package and operates from a +9V drain bias with 450 mA of quiescent current.
High Gain, High Linearity 0.5 Watt Amplifier -- The AH103 uses WJ's patented GaAs MESFET process technology and has an MTBF of greater than 100 years at a mounting temperature of 85 degrees C. The amplifier consists of two separate MMIC amplifiers and allows for external inter-stage filtering or matching to best optimize performance for broadband or narrowband applications such as GSM, W-CDMA, CDMA, TDMA and UMTS infrastructure. The AH103 is tunable over the 70 - 2200 MHz frequency range and has the following performance: 29 dB gain, +27 dBm P1dB, +45 dBm output IP3. This performance along with excellent ACPR makes the AH103 an ideal driver amplifier for wireless and other applications where signal linearity is important.
Price and Availability
WJ recently released the Spring 2003 Product Selection Guide featuring over 70 models. A copy of the catalog is now available for download from the WJ website and includes information regarding the new products recently announced. Catalogs, data CD's and samples can be obtained and requested by visiting WJ's booth #2137 at IMS2003 or via an online request form (www.wj.com). All devices are available for sampling now. Samples and production pricing information can also be requested directly from the WJ website.
About IMS
The International Microwave Symposium (IMS), an event sponsored by the Institute of Electrical and Electronics Engineers (IEEE) Microwave Theory and Techniques Society (MTT-S), features a technical program that includes parallel technical sessions, focused sessions, and workshops on the latest global microwave and RF technology developments. The event serves as the foundation for a week of microwave-related activities, including the radio frequency integrated circuits (RFIC) symposium, the automatic RF techniques group (ARFTG) conference, a vendor exhibition and several MTT-S meetings. To learn more, visit www.ims2003.org.
About WJ Communications
WJ Communications Inc. is a leading RF semiconductor company focusing on the design and manufacture of high-quality devices and multi-chip modules (MCMs) for telecommunications systems worldwide. WJ's highly reliable amplifier, mixer, RF IC and MCM products are used to transmit and receive signals that enable current and next generation wireless and wireline services. For more information visit www.wj.com or call 408/577-6200.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This press release contains forward-looking statements including financial projections, statements as to the plans and objectives of management for future operations, and statements as to the Company's future economic performance, financial condition or results of operations. These forward-looking statements are not historical facts but rather are based on current expectations and our beliefs. The Company's actual results may differ materially from those projected in these forward-looking statements as a result of a number of factors including those described from time to time in the Company's filings with the Securities and Exchange Commission. Readers of this release are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise the forward-looking statements contained herein to reflect changed events or circumstances after the date of this press release.
SOURCE: WJ Communications, Inc
CONTACT: WJ Communications Inc. Leah McLean, 408/577-6411 (PR) leah.mclean@wj.com Fred Krupica, 408/577-6261 (Financial) fred.krupica@wj.comURL: http://www.businesswire.comToday's News On The Net - Business Wire's full file on the Internetwith Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
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ProviderSequenceNumber: 5158KEYWORD: PENNSYLVANIA CALIFORNIAINDUSTRY KEYWORD: TELECOMMUNICATIONS NETWORKING E-COMMERCE INTERNET HARDWARE PRODUCT TRADESHOW
ot:DJ MOSAID/Infineon -2: Adds To Infringement Suit >T.MSD
OTTAWA (Dow Jones)--MOSAID Technologies Inc. (T.MSD) has filed an amended answer and counterclaim in the litigation with Infineon Technologies AG (IFX) in northern California.
In a press release, the company said it added a new patent to its suit accusing Infineon of infringement of U.S. Patent Number 6,067,272, which covers a delay locked loop circuit for use in synchronous dynamic random access memory, or DRAM.
In February, MOSAID filed a counter-suit against Infineon for infringement of seven of MOSAID's U.S. patents.
MOSAID claimed that Infineon has infringed and continues to infringe these patents by making and selling semiconductor products, including DRAMs, that utilize MOSAID's patents.
MOSAID is a semiconductor company.
Company Web Site: http://www.mosaid.com
-Josephine Li, Dow Jones NewsWires; 416-306-2100
(END) Dow Jones Newswires
06-05-03 1701ET
Q2 2003 InterDigital Communications Corporation Earnings Release
08/04/2003
Qualcomm-Microsoft Venture Wireless Knowledge Will Close
Jun 05, 2003 (The San Diego Union-Tribune - Knight Ridder/Tribune Business News via COMTEX) -- Wireless Knowledge, a San Diego company created as a joint venture between Qualcomm and Microsoft, will close tomorrow.
Almost since its inception, Wireless Knowledge, which aimed to create a market for wireless data for businesses, faced troubles. From internal struggles between its two parent companies to a revolving door of chief executives, Wireless Knowledge failed to make inroads.
While the company was one of the first to focus on such services as wireless e-mail and calendars, it was eventually eclipsed by other companies, such as Research in Motion with its BlackBerry service.
After several years, Microsoft pulled out of the company in November 2001, and Qualcomm transformed Wireless Knowledge into a wholly owned subsidiary.
While Qualcomm portrayed that move as a positive for Wireless Knowledge, the company still couldn't sustain its business. After assessing Wireless Knowledge's potential over the past few months, Qualcomm decided it was best to fold the subsidiary into the parent company.
"Basically, they ran out of cash and are going home to mommy," said Isaac Ro, an industry analyst at Aberdeen Group, a Boston market research firm.
Most of Wireless Knowledge's employees are being transferred to Qualcomm along with the company's intellectual property. Qualcomm would not disclose the number of employees at Wireless Knowledge. At one time, it employed 170 workers, but the number had fallen to 130 by November 2001.
Ro said Wireless Knowledge, which was founded in 1998, was part of a crowded field of companies that aimed to provide wireless data applications for corporations. But the wireless networks were not ready to supply quality wireless data. As the economy faltered, corporations cut back on spending and were reluctant to spend on newfangled wireless applications that didn't have a clear impact on profitability, Ro said.
"The question was how do you justify wireless e-mail," he said.
Norm Fjeldheim, Qualcomm's chief information officer, who also served as chief executive of Wireless Knowledge since November, said the company had met its main objective.
"The bottom line is that Wireless Knowledge was created to get the wireless enterprise data market going," he said. "To some degree, we were successful."
As proof, Fjeldheim pointed to the number of major companies, such as Microsoft and IBM, that now are focusing on the market. Part of the reason Microsoft exited the joint venture was that Wireless Knowledge was increasingly competing with Microsoft's new wireless data product.
That's par for the course with the software giant, Ro said.
"Anytime you jump into bed with Microsoft, do so with caution," he said.
Another reason to fold Wireless Knowledge into Qualcomm was that Qualcomm increasingly has been focusing on the enterprise market. That new emphasis created what Fjeldheim called "redundant functions" between Qualcomm and Wireless Knowledge as the two organizations were making sales calls to many of the same customers. And it was the Qualcomm name that was more apt to open doors.
"It is easier to talk to Oracle as Qualcomm than it is to talk to Oracle as Wireless Knowledge," Fjeldheim said.
Because of those facts, he said, most of the Wireless Knowledge employees understood the decision to close the company.
Michael King, an analyst with Gartner Group, a market research firm, said the move to shut down Wireless Knowledge should come as no surprise because the company struggled for much of its existence. The company came to the market too early and was hobbled when the stronger parent exited the business.
"It is not necessarily a bad thing for Wireless Knowledge," King said. "It has been on this path for a long time. This is sort of like the other shoe dropping."
By Jennifer Davies
To see more of The San Diego Union-Tribune, or to subscribe to the newspaper, go to http://www.uniontrib.com
(c) 2003, The San Diego Union-Tribune. Distributed by Knight Ridder/TribuneBusiness News.
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3 UK launches its Nokia supplied WCDMA network in northern UK
Jun 05, 2003 (NORDIC BUSINESS REPORT via COMTEX) -- Finnish telecomms solutions provider Nokia said today (5 June) that the United Kingdom telecomms operator 3 UK had launched its WCDMA network in northern England, Scotland, Wales and Northern Ireland.
The network was supplied by Nokia under a 2001 agreement, according to the company.
Nokia said that it had provided a complete 3G (third generation) system, including a nationwide core network and the radio-access network for the northern half of 3's network.
3 is owned by the international holding company Hutchison Whampoa Group. The global brand name for Hutchison Whampoa's 3G services is 3.
(C)1998-2003 M2 COMMUNICATIONS LTD http://www.m2.com
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Dumpter, A/H last trade @ 27.96 13.400 shares @ 4:38
Nice close/27.95
Lucent Continues China R&D Push
Jun 05, 2003 (Internet.com via COMTEX) -- Network equipment maker Lucent will spend $50 million to upgrade its reseach and development (R&D) facilities in China.
The investment is intended to spur development of third-generation technologies, including Code Division Multiple Access (CDMA) and Universal Mobile Telecommunications System (UMTS) networks (sometimes called Wideband-CDMA).
"Our R&D organization in China has been responsible for many key technical accomplishments, and this was a determining factor in our decision to increase our investment in China," said Mary Chan, an executive with Lucent's mobility solutions group.
Engineers at Lucent's Bell Labs China have been awarded 21 patents, and currently have numerous others in various stages of qualification.
The group has R&D sites across China, including six joint labs with academic organizations such as the Chinese Academy of Science, Peking University, Tsinghua University and Fudan University.
"We increasingly rely on our teams in China to take on key responsibilities for aspects of our business operations including R&D, procurement and manufacturing," said Jim Brewington, president of Lucent's mobility solutions group. "We also are actively developing local talent for future leadership positions."
In addition to being an important from a development standpoint, China is also an important market for Lucent. Last year, the Murray Hill, N.J., firm secured a lucrative contract renewal from China's state-owned telecom carrier.
Other firms, especially those invloved in wireless also have bases in China. For example, Nokia recently said it will merge four existing joint ventures in China, while spurring production of handsets based on the CDMA standard.
Nokia is chasing after Motorola, which leads the race for shares of the rapidly growing mobile handset production market in China. Qualcomm also recently said it will expand its presence in China.
By boston.internet.com Staff
URL: http://www.internet.com
Copyright 2003 Jupitermedia Corp. All rights reserved.
Republication and redistribution of Jupitermeida Corp. content is
Expressly prohibited without the prior written consent of Jupitermedia
Corp.. Jupitermedia Corp., shall not be liable for any errors
or delays in the Content, or for any actions taken in reliance thereon.
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SUBJECT CODE: CDMA Telecommunications group mobile
InterDigital Executives Review Key Accomplishments and Objectives at
Annual Shareholder Meeting
KING OF PRUSSIA, Pa., Jun 5, 2003 (BUSINESS WIRE) -- Shareholders Vote on Proposals and Re-Elect Howard Goldberg and D. Ridgely Bolgiano as Company Directors
InterDigital Communications Corporation (NASDAQ:IDCC), a leading architect, designer and provider of advanced wireless technologies and product platforms, today announced the results of its annual meeting of shareholders.
At the meeting, held yesterday in West Conshohocken, Pennsylvania, shareholders overwhelmingly approved the re-election of Howard E. Goldberg and D. Ridgely Bolgiano as directors of InterDigital for a three-year term expiring at the 2006 Annual Meeting of Shareholders. Mr. Goldberg, InterDigital's President and Chief Executive Officer, has been a director of the Company since November 2000. Mr. Bolgiano has been director of the Company since 1981, and serves as Vice President and Chief Scientist of InterDigital.
InterDigital shareholders also ratified the selection of PriceWaterhouseCoopers LLP as independent accountants for the year ending December 31, 2003. A proposal to increase the number of stock options available for issuance under the 2000 Stock Award and Incentive Plan was not adopted.
Mr. Campagna opened the official meeting commenting on InterDigital's strong performance results to date, "I'm pleased to report that our successes in 2002 and to date in 2003 have clearly placed InterDigital on a solid business and financial footing for long-term growth. We posted our fifth consecutive year of positive, or near positive cash flow, hit key performance goals and milestones, increased our cash position, and signed a number of key second and third generation patent license agreements, including agreements with Ericsson and Sony Ericsson."
Mr. Campagna also commented on the result of the vote to amend the Company's 2000 Stock Award and Incentive Plan, "The targeted use of stock options, with non-executive employees as the primary focus, has been a central element of compensation that has kept InterDigital moving forward. Given the results of today's vote, the Board will consider all avenues to meet our goals."
Howard Goldberg, President and Chief Executive Officer, reviewed InterDigital's accomplishments and provided perspective on the Company's strategic plan for growth and transformational change. He stated, "Since our last shareholders meeting we achieved important milestones in every area of our business. We have strengthened our financial position during a period of heavy technology and product investment, broadened and increased our recurring royalty revenue base, enhanced our credibility with the financial community, and publicly demonstrated significant progress in our technology and product development programs."
Mr. Goldberg continued, "Momentum is clearly on our side. As we look to build on this momentum, we will remain focused on our strategy to grow and diversify our revenue streams and broaden our reach in the global wireless communications market."
Rip Tilden, Executive Vice President and Chief Operating Officer, presented three operating imperatives for Company activities in 2003. He noted, "In order to continue to grow the enterprise value of InterDigital, we are focused on continuous progress in moving our technology to product, demonstrating our technology and products to existing and new customers, and enhancing InterDigital's presence in the wireless market."
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 covering 2G, 2.5G and 3G standards, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com. InterDigital is a registered trademark of InterDigital Communications Corporation.
SOURCE: 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.comURL: http://www.businesswire.comToday's News On The Net - Business Wire's full file on the Internetwith Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
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ProviderSequenceNumber: 5398KEYWORD: PENNSYLVANIAINDUSTRY KEYWORD: TELECOMMUNICATIONS SOFTWARE HARDWARE COMPUTERS/ELECTRONICS BANKING MANAGEMENT CHANGES
NOKIA: 3 UK and Nokia expand 3G coverage to northern UK Radio network
expansion follows earlier "go live" of Nokia system to bring 3G video services
to the UK
Jun 05, 2003 (M2 PRESSWIRE via COMTEX) -- 3 UK has launched its WCDMA network in Northern England, Scotland, Wales and Northern Ireland, completing the deployment of its 3G commercial service in the UK. The network, supplied by Nokia under a 2001 agreement, is providing next-generation mobile data services to the northern half of the UK. Following 3's initial launch in the south, high-speed 3G data services, such as video calls, are now available across one of the world's premier telecom markets.
Nokia has been a full systems supplier and partner to 3 from the beginning. Nokia has provided a complete 3G system, including a nationwide core network and the radio-access network for the northern half of 3's network.
"This is an important landmark for 3G deployment, not only in the UK, but around the world," says Ian McCaig, Vice President, Nokia Networks. "Coverage of robust 3G service in an advanced market like the UK clearly demonstrates the maturity and viability of WCDMA.
Nokia looks forward to supporting Hutchison in extending and enhancing its 3G video and other advanced 3G services. We are delighted that Nokia's solution is making possible 3's world-leading portfolio of engaging and enriching content and services."
Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.
CONTACT: Communications Department, Nokia Networks Tel: +358 (0)7180 38198 e-mail: networks.communications@nokia.com WWW: http://www.nokia.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2003 M2 COMMUNICATIONS LTD
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52W HIGH: New 52-Wk High for IDCC @ $27.670 up2.60% [delayed]
Ridgeland, MS, JUN 05, 2003 (EventX/Knobias.com via COMTEX) -- This is the 1st 52 WEEK HIGH alert for IDCC in the past 7 calendar days.
The share price for Interdigital Communications Corp (NASDAQ NM: IDCC) reached a new 52-week high today, trading at $27.670, up $0.700 (2.60%) from its previous close of $26.970.
The Company's previous 52-week high of $27.500 was set 22 days ago on May 14, 2003.
One year ago, the Company's shares closed at $11.580. The price has climbed more than 138 percent since then.
At the time of this alert, the stock had traded 434,800 shares via 1,183 trades, 63.15% below it's 20day average of 1,180,075 shares.
This new 52-week high currently puts the stock:
10.72% above its 20day Moving Average of $24.992
21.86% above its 50day Moving Average of $22.707
49.53% above its 100day Moving Average of $18.505
The Company last released news on June 04, 2003 (yesterday):
"InterDigital Signs Research In Motion to Worldwide, Royalty-Bearing GSM/GPRS/EDGE Patent License Agreement"
INTERDIGITAL COMMUNICATIONS CORP
InterDigital Communications Corporation specializes in the architecture, design and delivery of wireless technology and product platforms. The Company develops advanced wireless technologies and products that facilitate voice and data communications. In conjunction with its technology development, the Company has assembled an extensive body of technical know-how, related product embodiments and a broad patent portfolio of Time Division Multiple Access (TDMA) and Code Division Multiple Access (CDMA) patents, which its licenses worldwide. The Company markets technologies and solutions primarily to wireless communications equipment producers and related suppliers. These solutions are embedded into products targeted for the following wireless telecommunications applications: mobile phones, personal digital assistants, mobile computing devices, other terminal-end wireless devices, base stations, and other infrastructure equipment.
GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit http://www.knobias.com/cmtx
ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.
CONTACT: Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com/cmtx
Copyright 2003 Knobias.com, LLC, All rights reserved.
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SUBJECT CODE: 52-Week High Technical Analysis
Eneerg, Thank you for all you do. eom
PRESS RELEASE:Metrowerks to Offer CodeWarrior For Motorola
Metrowerks to Offer CodeWarrior(TM) Design Environment for Motorola's Reconfigurable Compute Fabric Device Development Studio Provides Consistent Language Support, Unified Design Environment for Reconfigurable Compute Fabric Applications
PARIS, June 5 /PRNewswire-FirstCall/ -- SMART NETWORKS DEVELOPER FORUM -- Developers using Motorola's new MRC6011 Reconfigurable Compute Fabric (RCF) device to create next-generation 2.5G and 3G wireless base station applications can soon leverage an RCF-specific integrated development environment (IDE) from Metrowerks to speed and simplify the creation of powerful, flexible and cost-efficient wireless networking equipment.
CodeWarrior Development Studio for Motorola Reconfigurable Compute Fabric (RCF) technology works with Motorola's MRC6011 RCF device and MSC8126 StarCore digital signal processor (DSP), to facilitate the creation of high-performance baseband processing systems supporting multiple 3G standards including WCDMA, CDMA2000 and TD-SCDMA.
"CodeWarrior Development Studio for RCF technology supports Motorola's immediate and longer-term market evolution toward lower cost base stations with increased functionality," said Lynelle McKay, vice president, RF/DSP Infrastructure Systems Division, Motorola. "The Metrowerks IDE helps developers reduce the costs and complexities of building wireless infrastructure equipment by adapting to the evolving wireless standards and speeding time to market."
The industry-standard Metrowerks IDE provides a comprehensive and easy-to- use design environment for the entire baseband development cycle. The CodeWarrior Development Studio for RCF includes an RCF editor, a C-compiler, and a multiple core debugger all in a single, consistent environment. The IDE also provides integrated symbol rate DSP and advanced chip rate RCF tools, enabling C language programming throughout the baseband (symbol and chip rate).
"CodeWarrior Development Studio for Motorola RCF leverages the same award- winning design environment used for DSP and host processor software development, allowing baseband developers and equipment manufacturers to increase capacity, maintain low-power dissipation per channel, and deliver high-performance end products," said Calvin Harrison, NetComm industry manager, Metrowerks.
Availability and Pricing
Metrowerks CodeWarrior Development Studio for Motorola Reconfigurable Compute Fabric (RCF) Device is expected to be available by Q4 2003*. Further information on Metrowerks and CodeWarrior is available at www.metrowerks.com.
About Metrowerks
Metrowerks creates CodeWarrior software and hardware products and services for developers, with a particular focus on the following industries: consumer electronics; transportation; wireless; and networking and communications. The CodeWarrior product line includes hardware and software development tools and middleware that enable customers to decrease their time to market. The company also offers services, including training and custom software development. Founded in 1985, Metrowerks is today an independently operating subsidiary of Motorola, Inc. Metrowerks corporate headquarters are in Austin, Texas; Metrowerks Europe is headquartered in Basel, Switzerland; and Metrowerks Japan is headquartered in Tokyo. More information is available from www.metrowerks.com .
Metrowerks and CodeWarrior are trademarks of Metrowerks Corp in the US and other countries. All other tradenames and trademarks are the property of their respective owners.
MOTOROLA and the Stylized M Logo registered in the U.S. Patent and Trademark Office. All other product or service names are the property of their respective owners.
*Except for historical information, all of the expectations and assumptions, contained in the foregoing are forward-looking statements involving risk and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements, include, but are not limited to, the competitive environment for our products, changes of rates of all related services, and legislation that may affect the industry. For additional information regarding these and other risks associated with Company's business refer to the Company's reports with the SEC. SOURCE Metrowerks /CONTACT: Jack Taylor of Metrowerks, +1-512-997-4717, jtaylor@metrowerks.com , or Sarah Strunk of PetersGroup Public Relations, +1-512-794-8600, sarah@petersgroupPR.com / /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840/ /Web site: http://www.metrowerks.com http://www.motorola.com / (MOT) CO: Metrowerks; Motorola, Inc.; SMART NETWORKS DEVELOPER FORUM ST: Texas, France IN: CPR STW TLS SEM PEL SU: PDT
(END) Dow Jones Newswires
06-05-03 0700ET
OT:PRESS RELEASE: Nokia To Publish Mid-2Q Qtr Update June 10
HELSINKI, Finland--(BUSINESS WIRE)--June 5, 2003--Nokia will release a mid-quarter update for 2Q on June 10, 2003 at approximately 12 noon Helsinki time (CET +1).
The press release will be available on the company website immediately after publishing.
A live audio webcast of the analyst conference call will be available at www.nokia.com/Investor from 3 pm Helsinki time. Alternatively, media representatives may access the call directly at tel: +1 706 634 5012.
Nokia result announcements for 2Q, 3Q and 4Q, 2003 are planned for July 17, October 16 and January 22, 2004, respectively.
CONTACT: Nokia Corporate Communications Tel. +358 7180 34900 Fax +358 7180 38226 Email: press.office@nokia.com www.nokia.com KEYWORD: FINLAND INTERNATIONAL EUROPE INDUSTRY KEYWORD: TELECOMMUNICATIONS CONFERENCE CALLS EARNINGS SOURCE: Nokia Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: http://www.businesswire.com
(END) Dow Jones Newswires
06-05-03 0833ET
=DJ Hutchison/Nokia/Source-2: Installed Equipment Unused>NOK
By Gren Manuel
Of DOW JONES NEWSWIRES
LONDON (Dow Jones)--A Hutchison Whampoa Ltd.-controlled (H.HUW) telecommunications operator installed Nokia Corp. (NOK) base stations across Hong Kong, then made the Finnish telecom-equipment company remove them, a person familiar with the situation said.
The person, who declined to be named, told Dow Jones Newswires that Nokia had to remove more than 700 base stations installed on Hong Kong Island, Kowloon and the New Territories, before the service was even launched.
Replacement equipment is being supplied by NEC Corp. (NIPNY) and Siemens AG (SI), who are working together on third-generation mobile technology, the person said.
Thomas Joensson, a spokesman for Nokia's network arm, said the company doesn't comment on the specifics of contracts that haven't been disclosed publicly.
(MORE) Dow Jones Newswires
06-05-03 0722ET
*DJ Hutchison HK Now Using Siemens/NEC Base Stations -Source
(MORE) Dow Jones Newswires
06-05-03 0656ET
*DJ Hutchison HK Made Nokia Take Down Base Stations - Source
(MORE) Dow Jones Newswires
06-05-03 0655ET
+DJ Hutchison HK Replaced Some Nokia 3G Mobile Equip -Source
(MORE) Dow Jones Newswires
06-05-03 0654ET
JimLur, Wow...great post !
"It ain't going to happen. I will never let it happen."
I love it.
Alley, Where ever you are...you are missed.
Desert dweller, I also think so.....in a BIG way.
8-K: INTERDIGITAL COMMUNICATIONS CORP
(EDGAR Online via COMTEX) -- Edgar Online has converted the HTML originally found in this filing document to plain text.
COMMUNICATIONS CORPORATION -- FORM 8-KInterDigital Communications Corporation -- Form 8-K--------------------------------------------------------------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------------------------------------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): May 30, 2003
--------------------------------------------------------------------------------
InterDigital Communications Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania 1-11152 23-1882087 (State or other (Commission File Number) (IRS Employer jurisdiction of Identification No.) incorporation)
781 Third Avenue, King of Prussia, PA 19406-1409 (Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 610-878-7800
----------------------------------------------------------------------------------------------------------------------------------------------------------------Item 5. Other Events
InterDigital Communications Corporation has issued a press release today announcing that its wholly owned subsidiary, InterDigital Technology Corporation (ITC), has extended by amendment its patent license agreement with Sharp Corporation (Sharp). A copy of the press release is attached hereto as Exhibit 99.1.
Under the extension, ITC will receive royalties on each PHS and PDC terminal unit product sold by Sharp worldwide at updated rates that recognize the significant increase in volumes and market position Sharp has attained since the inception of the agreement. As part of the extension, Sharp will make an upfront payment totaling approximately $17.5 million in third quarter 2003, of which approximately $15.0 million will serve as an advance against future royalty obligations. Based on current industry forecasts, the royalty advance will cover approximately 10 to 14 months of licensed product sales. Once the advance royalty payment is exhausted, Sharp will be obligated to make additional royalty payments to ITC on sales of licensed products sold through early 2008. The advance royalty payment will be recognized as revenue as it is exhausted through the reported sale of licensed products, while the remaining portion of the upfront payment will be amortized on a straight-line basis over the five-year term of the extension.
--------------------------------------------------------------------------------Pursuant to the requirements of the Securities Exchange Act of 1934, theRegistrant has duly caused this report to be signed on its behalf by theundersigned hereunto duly authorized.
INTERDIGITAL COMMUNICATIONS CORPORATION By: /s/ R.J. Fagan ---------------------------------------------------- Richard J. Fagan Executive Vice-President and Chief Financial Officer
Dated: June 4, 2003
-------------------------------------------------------------------------------- EXHIBIT INDEX
Exhibit No. Description ----------- -------------------------------- 99.1 Press release dated June 4, 2003
Press Release dated June 4, 2003
Exhibit 99.1
INTERDIGITAL AND SHARP EXTEND WORLDWIDE, ROYALTY-BEARING
PDC/PHS PATENT LICENSE AGREEMENT
Agreements in Force Cover All Principal Global Wireless Telecommunications Standards
King of Prussia, PA, June 4, 2003 . . . InterDigital Communications Corporation (Nasdaq: IDCC), a leading architect, designer and provider of wireless technology and product platforms, today announced that its subsidiary, InterDigital Technology Corporation (ITC), has extended its 1998 non-exclusive, worldwide, royalty-bearing patent license agreement with Sharp Corporation of Japan (Sharp) covering sales of terminal devices compliant with TDMA-based PDC and PHS standards.
Under the extension, Sharp will make a multi-million dollar up-front payment to ITC, including an advance royalty payment. ITC will receive royalties on each PHS and PDC terminal unit product sold by Sharp worldwide at updated rates that recognize the significant increase in volumes and market position that Sharp has attained since the inception of the agreement. Once the advance royalty payment is exhausted, Sharp will be obligated to make additional royalty payments to ITC on sales of licensed products sold through early 2008. The advance royalty payment will be recognized as revenue as it is exhausted through the reported sale of licensed products. The remaining portion of the up-front payment will be amortized on a straight-line basis over the five-year term of the extension.
Howard Goldberg, President and Chief Executive Officer of InterDigital, commented, "The extension of this license agreement with Sharp reflects our strength in maintaining positive business relationships with our licensees. Sharp is an important licensee and a key contributor to our recurring royalty revenues and cash flow. We're pleased that their global market share of mobile wireless products has grown impressively in line with the increasing strength and attractiveness of Sharp's product offerings."
"Our momentum in global patent licensing continues to accelerate," said William Merritt, President of ITC. "We remain focused on expanding existing licensee relationships, strengthening our patent portfolio, and adding new 2G and 3G licensees. Our core competency in this area has enabled us to establish license agreements covering over 70% of the global second generation GSM/TDMA handset market and provided early momentum in the 3G infrastructure and terminal unit markets."
Sharp also is licensed by ITC under a separate, worldwide, royalty-bearing patent license agreement that covers handsets, modules, and communications cards built to 2G/2.5G GSM/GPRS, 2G IS-95 (including the cdmaOne and HDR technology specifications) and 3G CDMA standards, including CDMA2000 and UMTS WCDMA.
--------------------------------------------------------------------------------
Additional information regarding the extension of the patent license agreement can be found in the Company's Form 8-K filed today with Securities and Exchange Commission, and available on InterDigital's web site at 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 covering 2G, 2.5G and 3G standards, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com. InterDigital is a registered trademark of InterDigital Communications Corporation. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements regarding our current beliefs, plans and expectations as to our ability to expand our licensing base, our momentum in global patent licensing, and strengthening our patent portfolio. Forward-looking statements are subject to risks and uncertainties and actual outcomes could differ materially from those expressed in any such forward-looking statements due to a variety of factors including, but not limited to: (i) our ability to enter into additional license agreements; (ii) the impact of the Severe Acute Respiratory Syndrome epidemic on our ability to engage in negotiations in Asia and elsewhere; (iii) our ability to adequately prosecute, enforce and protect our patents and other intellectual property rights; and (iv) as well as other factors listed in the Company's most recently filed Form 10-K and Form 10-Q. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
# # #
(c) 1995-2003 Cybernet Data Systems, Inc. All Rights Reserved
Received by Edgar Online May 30, 2003
CIK Code: 0000354913Accession Number: 0001193125-03-008166
-0-
*DJ InterDigital: Sharp To Pay $17.5M Upfront To Extend Pact
(MORE) Dow Jones Newswires
06-04-03 1252ET
OT:Martha Stewart indicted
*DJ InterDigital Signs Research In Motion To Worldwide, Royalty-Bearing GSM/GPRS/EDGE Patent License Pact>IDCC
(MORE) Dow Jones Newswires
06-04-03 1216ET
let the buying begin.eom
InterDigital and Sharp Extend Worldwide, Royalty-Bearing PDC/PHS Patent
License Agreement; Agreements in Force Cover All Principal Global Wireless
Telecommunications Standards
KING OF PRUSSIA, Pa., Jun 4, 2003 (BUSINESS WIRE) -- InterDigital Communications Corporation (Nasdaq:IDCC), a leading architect, designer and provider of wireless technology and product platforms, today announced that its subsidiary, InterDigital Technology Corporation (ITC), has extended its 1998 non-exclusive, worldwide, royalty-bearing patent license agreement with Sharp Corporation of Japan (Sharp) covering sales of terminal devices compliant with TDMA-based PDC and PHS standards.
Under the extension, Sharp will make a multi-million dollar up-front payment to ITC, including an advance royalty payment. ITC will receive royalties on each PHS and PDC terminal unit product sold by Sharp worldwide at updated rates that recognize the significant increase in volumes and market position that Sharp has attained since the inception of the agreement. Once the advance royalty payment is exhausted, Sharp will be obligated to make additional royalty payments to ITC on sales of licensed products sold through early 2008. The advance royalty payment will be recognized as revenue as it is exhausted through the reported sale of licensed products. The remaining portion of the up-front payment will be amortized on a straight-line basis over the five-year term of the extension.
Howard Goldberg, President and Chief Executive Officer of InterDigital, commented, "The extension of this license agreement with Sharp reflects our strength in maintaining positive business relationships with our licensees. Sharp is an important licensee and a key contributor to our recurring royalty revenues and cash flow. We're pleased that their global market share of mobile wireless products has grown impressively in line with the increasing strength and attractiveness of Sharp's product offerings."
"Our momentum in global patent licensing continues to accelerate," said William Merritt, President of ITC. "We remain focused on expanding existing licensee relationships, strengthening our patent portfolio, and adding new 2G and 3G licensees. Our core competency in this area has enabled us to establish license agreements covering over 70% of the global second generation GSM/TDMA handset market and provided early momentum in the 3G infrastructure and terminal unit markets."
Sharp also is licensed by ITC under a separate, worldwide, royalty-bearing patent license agreement that covers handsets, modules, and communications cards built to 2G/2.5G GSM/GPRS, 2G IS-95 (including the cdmaOne and HDR technology specifications) and 3G CDMA standards, including CDMA2000 and UMTS WCDMA.
Additional information regarding the extension of the patent license agreement can be found in the Company's Form 8-K filed today with Securities and Exchange Commission, and available on InterDigital's web site at 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 covering 2G, 2.5G and 3G standards, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com. InterDigital is a registered trademark of InterDigital Communications Corporation. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements regarding our current beliefs, plans and expectations as to our ability to expand our licensing base, our momentum in global patent licensing, and strengthening our patent portfolio. Forward-looking statements are subject to risks and uncertainties and actual outcomes could differ materially from those expressed in any such forward-looking statements due to a variety of factors including, but not limited to: (i) our ability to enter into additional license agreements; (ii) the impact of the Severe Acute Respiratory Syndrome epidemic on our ability to engage in negotiations in Asia and elsewhere; (iii) our ability to adequately prosecute, enforce and protect our patents and other intellectual property rights; and (iv) as well as other factors listed in the Company's most recently filed Form 10-K and Form 10-Q. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: 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.comURL: http://www.businesswire.comToday's News On The Net - Business Wire's full file on the Internetwith Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
-0-
ProviderSequenceNumber: 5483KEYWORD: PENNSYLVANIA JAPAN INTERNATIONAL ASIA PACIFICINDUSTRY KEYWORD: TELECOMMUNICATIONS SOFTWARE HARDWARE COMPUTERS/ELECTRONICS BANKING MARKETING AGREEMENTS
*DJ InterDigital, Sharp Extend License Agreement >IDCC
(MORE) Dow Jones Newswires
06-04-03 1140ET
*DJ InterDigital, Sharp Extend License Agreement >IDCC
(MORE) Dow Jones Newswires
06-04-03 1140ET
*DJ InterDigital And Sharp Extend Worldwide, Royalty-Bearing PDC/PHS Patent License Agreement; Agreements In Force Cover All Principal Global Wireless Telecommunications Standards>IDCC
(MORE) Dow Jones Newswires
06-04-03 1140ET
8-K: INTERDIGITAL COMMUNICATIONS CORP
(EDGAR Online via COMTEX) -- Edgar Online has converted the HTML originally found in this filing document to plain text.
COMMUNICATIONS CORPORATION -- FORM 8-KInterDigital Communications Corporation -- Form 8-K--------------------------------------------------------------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------------------------------------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): May 30, 2003
--------------------------------------------------------------------------------
InterDigital Communications Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania 1-11152 23-1882087 (State or other (Commission File Number) (IRS Employer jurisdiction of Identification No.) incorporation)
781 Third Avenue, King of Prussia, PA 19406-1409 (Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 610-878-7800
----------------------------------------------------------------------------------------------------------------------------------------------------------------Item 5. Other Events
InterDigital Communications Corporation has issued a press release today announcing that its wholly owned subsidiary, InterDigital Technology Corporation (ITC), has extended by amendment its patent license agreement with Sharp Corporation (Sharp). A copy of the press release is attached hereto as Exhibit 99.1.
Under the extension, ITC will receive royalties on each PHS and PDC terminal unit product sold by Sharp worldwide at updated rates that recognize the significant increase in volumes and market position Sharp has attained since the inception of the agreement. As part of the extension, Sharp will make an upfront payment totaling approximately $17.5 million in third quarter 2003, of which approximately $15.0 million will serve as an advance against future royalty obligations. Based on current industry forecasts, the royalty advance will cover approximately 10 to 14 months of licensed product sales. Once the advance royalty payment is exhausted, Sharp will be obligated to make additional royalty payments to ITC on sales of licensed products sold through early 2008. The advance royalty payment will be recognized as revenue as it is exhausted through the reported sale of licensed products, while the remaining portion of the upfront payment will be amortized on a straight-line basis over the five-year term of the extension.
--------------------------------------------------------------------------------Pursuant to the requirements of the Securities Exchange Act of 1934, theRegistrant has duly caused this report to be signed on its behalf by theundersigned hereunto duly authorized.
INTERDIGITAL COMMUNICATIONS CORPORATION By: /s/ R.J. Fagan ---------------------------------------------------- Richard J. Fagan Executive Vice-President and Chief Financial Officer
Dated: June 4, 2003
-------------------------------------------------------------------------------- EXHIBIT INDEX
Exhibit No. Description ----------- -------------------------------- 99.1 Press release dated June 4, 2003
Press Release dated June 4, 2003
Exhibit 99.1
INTERDIGITAL AND SHARP EXTEND WORLDWIDE, ROYALTY-BEARING
PDC/PHS PATENT LICENSE AGREEMENT
Agreements in Force Cover All Principal Global Wireless Telecommunications Standards
King of Prussia, PA, June 4, 2003 . . . InterDigital Communications Corporation (Nasdaq: IDCC), a leading architect, designer and provider of wireless technology and product platforms, today announced that its subsidiary, InterDigital Technology Corporation (ITC), has extended its 1998 non-exclusive, worldwide, royalty-bearing patent license agreement with Sharp Corporation of Japan (Sharp) covering sales of terminal devices compliant with TDMA-based PDC and PHS standards.
Under the extension, Sharp will make a multi-million dollar up-front payment to ITC, including an advance royalty payment. ITC will receive royalties on each PHS and PDC terminal unit product sold by Sharp worldwide at updated rates that recognize the significant increase in volumes and market position that Sharp has attained since the inception of the agreement. Once the advance royalty payment is exhausted, Sharp will be obligated to make additional royalty payments to ITC on sales of licensed products sold through early 2008. The advance royalty payment will be recognized as revenue as it is exhausted through the reported sale of licensed products. The remaining portion of the up-front payment will be amortized on a straight-line basis over the five-year term of the extension.
Howard Goldberg, President and Chief Executive Officer of InterDigital, commented, "The extension of this license agreement with Sharp reflects our strength in maintaining positive business relationships with our licensees. Sharp is an important licensee and a key contributor to our recurring royalty revenues and cash flow. We're pleased that their global market share of mobile wireless products has grown impressively in line with the increasing strength and attractiveness of Sharp's product offerings."
"Our momentum in global patent licensing continues to accelerate," said William Merritt, President of ITC. "We remain focused on expanding existing licensee relationships, strengthening our patent portfolio, and adding new 2G and 3G licensees. Our core competency in this area has enabled us to establish license agreements covering over 70% of the global second generation GSM/TDMA handset market and provided early momentum in the 3G infrastructure and terminal unit markets."
Sharp also is licensed by ITC under a separate, worldwide, royalty-bearing patent license agreement that covers handsets, modules, and communications cards built to 2G/2.5G GSM/GPRS, 2G IS-95 (including the cdmaOne and HDR technology specifications) and 3G CDMA standards, including CDMA2000 and UMTS WCDMA.
--------------------------------------------------------------------------------
Additional information regarding the extension of the patent license agreement can be found in the Company's Form 8-K filed today with Securities and Exchange Commission, and available on InterDigital's web site at 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 covering 2G, 2.5G and 3G standards, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com. InterDigital is a registered trademark of InterDigital Communications Corporation. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements regarding our current beliefs, plans and expectations as to our ability to expand our licensing base, our momentum in global patent licensing, and strengthening our patent portfolio. Forward-looking statements are subject to risks and uncertainties and actual outcomes could differ materially from those expressed in any such forward-looking statements due to a variety of factors including, but not limited to: (i) our ability to enter into additional license agreements; (ii) the impact of the Severe Acute Respiratory Syndrome epidemic on our ability to engage in negotiations in Asia and elsewhere; (iii) our ability to adequately prosecute, enforce and protect our patents and other intellectual property rights; and (iv) as well as other factors listed in the Company's most recently filed Form 10-K and Form 10-Q. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
# # #
(c) 1995-2003 Cybernet Data Systems, Inc. All Rights Reserved
Received by Edgar Online May 30, 2003
CIK Code: 0000354913Accession Number: 0001193125-03-008166
-0-
nessco, and xybr is up over 52%! eom
Cingular Wireless Offers Stylish New Siemens Mobile Phone With Color
Display and Sleek Design E-mail, Polyphonic Sounds, and Optional Camera Give
Phone Full Functionality
ATLANTA and SAN DIEGO, Jun 4, 2003 /PRNewswire via COMTEX/ -- Cingular Wireless and Siemens today announced the immediate availability of the S56 mobile phone, which is powered by Cingular's Global System for Mobile communications (GSM(TM)) network. Cingular Wireless is the first carrier to offer the S56 in North America. The handset's combination of design, messaging capabilities, business and entertainment features provide Cingular customers with the perfect balance between business and pleasure.
The dual band 850/1900 MHz GSM/GPRS handset with full-color display incorporates technology and applications designed to help consumers manage and enjoy their professional and private lives, including personal e-mail, an integrated speakerphone, extended personal information management and polyphonic sound for rich-sounding ringtones. An optional clip-on Mobile Camera with flash, available for $79.99, helps users capture life experiences, and e-mail them to friends and family using Cingular's Photo Messaging Service.
In addition, wireless Java(TM) technology provides consumers with access to a growing number of downloadable business and entertainment features, including full color and motion games. This technology also allows consumers to download, store, and access applications.
To enable fast downloads, the S56 features GPRS (General Packet Radio Service) Class 10 technology for high-speed wireless data access using Cingular's Wireless Internet Express Service. GPRS also enables fast Internet browsing via a Wireless Access Protocol (WAP) 1.2.1 browser.
"The S56 is a total communication tool that mixes technology with practicality to help Cingular customers manage their professional and personal lives," said Mike Dobbs, vice president product development marketing, Cingular Wireless. "With text messaging capabilities and the ability to take pictures, Cingular customers now will be able to share their everyday experiences, realtime, using this innovative new handset. And customers can also personalize this phone with new ringtones, graphics and downloable games for a phone that truly fits them best."
"Siemens is happy to join with Cingular Wireless to provide mobile phones like the S56, which can enhance productivity on the job but also make life fun after hours," said Bernt Klein, senior vice president and general manager of the Mobile Phones unit, North America region, within Siemens Information and Communication Mobile LLC. "Consumers expect a mobile phone to look great and work hard, and the S56 achieves both with stylish design and great functionality."
The S56 mobile phone also supports the popular Short Messaging Service (SMS) for quick and easy phone-to-phone messaging, and features integrated Bluetooth(TM) technology for short-range wireless communication or data synchronization with Bluetooth-enabled PCs, printers, PDAs and other devices such as the Siemens Bluetooth Headset.
The Siemens S56 handset will be available at Cingular Wireless retail stores and authorized dealers for $149.99 with a two-year service agreement.
Features and Benefits:
Along with superior voice quality, the S56 provides up to 250 hours* of standby time and up to five hours* of talk time thanks to a Li-Ion 700 mAh battery. The S56 comes with a travel charger, Li-Ion battery, and many useful features, including:
-- Dimensions: 4 X 1.7 X .8 inches (L x W x H) -- Weight: 3 ounces -- 256-color display -- Polyphonic sound -- Downloadable ring tones and display images -- Wireless Java technology -- Bluetooth technology -- Mobile Internet access (WAP 1.2.1)* -- Fast data transmission with GPRS Class 10* -- Voice dialing -- Integrated antenna -- Ability to connect to the Mobile Camera, Bluetooth Headset and a variety of other attractive, helpful accessories
ABOUT CINGULAR WIRELESS
Cingular Wireless, a joint venture between SBC Communications (NYSE: SBC) and BellSouth (NYSE: BLS), serves more than 22 million voice and data customers across the United States. A leader in mobile voice and data communications, Cingular is the only U.S. wireless carrier to offer Rollover, the wireless plan that lets customers keep their unused monthly minutes. Cingular provides cellular/PCS service in 43 of the top 50 markets nationwide, and provides corporate e-mail and other advanced data services through its GPRS and Mobitex packet data networks. Details of the company are available at www.cingular.com.
ABOUT SIEMENS INFORMATION AND COMMUNICATION MOBILE
The Siemens Information and Communication Mobile Group (Siemens mobile) offers the complete range of mobile solutions including mobile devices, infrastructure and applications. Devices include mobile phones, fashion accessory phones, wireless modules, mobile organizers and cordless phones as well as products for wireless home networks. The infrastructure portfolio includes GSM, GPRS and 3G mobile network technologies from base stations and switching systems to intelligent networks, e.g. for prepaid services. Mobile Applications cover end-to-end solutions for Messaging, Location Based Services or Mobile Payment. For fiscal 2002 (September 30), Siemens mobile recorded sales of EUR 11 billion and employed approximately 28,600 people worldwide. You can access further information about Siemens mobile on the Internet at www.siemens-mobile.com/us.
ABOUT SIEMENS AG
Siemens AG (NYSE: SI), headquartered in Munich, is a leading global electronics and engineering company. Siemens and its subsidiaries employ 426,000 people in 192 countries and reported worldwide sales of $77.8 billion in fiscal 2002 (10/1/01 - 9/30/02). The United States is Siemens' largest market in the world, with 11 of Siemens' worldwide businesses headquartered here and annual sales of $21.5 billion in fiscal 2002. The Siemens companies in the U.S. employ approximately 70,000 people in all 50 states and Puerto Rico. Corporate headquarters for Siemens' U.S. businesses are located in New York City. For more information: www.usa.siemens.com.
Any statements in this document that are not historical facts are forward-looking statements that involve risks and uncertainties; actual results may differ from the forward-looking statements. Siemens AG undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Siemens is a trademark of Siemens AG. Bluetooth is a trademark owned by Bluetooth SIG, Inc. and licensed to Siemens AG. Java and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc. in the U.S. and other countries. All other trademarks are the property of their respective owners.
* Feature availability depends on network configurations, signal strength, usage patterns, and subscription. Not available in all areas.
SOURCE Cingular Wireless; Siemens
CONTACT: Jennifer Bowcock of Cingular Wireless, +1-404-236-6319, jennifer.bowcock@cingular.com; or Jacob Rice of Siemens, +1-858-521-3212, jacob.rice@icm.siemens.com URL: http://www.prnewswire.com" target="_new">http://www.cingular.comhttp://www.prnewswire.com
Copyright (C) 2003 PR Newswire. All rights reserved.
-0-
ProviderSequenceNumber: 5633KEYWORD: Georgia CaliforniaINDUSTRY KEYWORD: CPR TLS MLM CSE REASUBJECT CODE: PDT
WJ Communications Releases Two More Wireless Infrastructure Converters;
Line of Low-Cost, High Performance Converters Broadens to Include UMTS/IMT2000
SAN JOSE, Calif., Jun 4, 2003 (BUSINESS WIRE) -- WJ Communications, Inc (Nasdaq:WJCI), a leading designer and supplier of high-performance RF semiconductors and multi-chip modules (MCM), today added two new dual-branch devices to its line of surface mount downconverter modules. The CV211-2 and CV211-3 are ideal for high dynamic range receiver front ends using diversity receive channels for current and next generation mobile infrastructure base station applications. The new CV's reduce design time, component count and board space, while allowing engineers to use one RF device instead of multiple discrete devices including driver amplifiers and passive mixers.
"Early on we recognized the need for more highly integrated RF components in small form factor packages," said Ron Buswell, Sr. Vice President of Product Line Management of WJ Communications. "The CV line of integrated converters offers engineers the high-performance of discrete devices but in a single, low-cost, surface mount package. The small size, high-performance and low price of these products translates into a compelling value proposition for our customers."
Technology Overview
The performance characteristics of WJ's expanding CV line of integrated converters enable engineers to meet a wide range of design requirements for various infrastructure communication applications. These new devices meet the growing demands of new wireless systems in Europe & Asia. The CV211-2 and CV211-3 target the UMTS and W-CDMA / IMT2000 bands. Each converter includes high-linearity, RF, frequency conversion, IF amplification and LO driver amplification in a 6 x 6 mm, 28-pin QFN package. Customized filtering can be enabled externally. These MCMs are realized with reliable and mature GaAs MESFET and InGaP HBT technologies.
WJ Frequency Range LO Conversion Model Power Gain Number RF (MHz) IF (MHz) LO (MHz) (dBm) (dB)--------- ------------------------------------------ ------ ----------CV211-2 1900-2200 150-300 1600-2050 0 10CV211-3 1900-2200 65-200 1700-2135 0 10--------- ------------------------------------------ ------ ---------- WJ Current Bias Model Input Input P1dB Noise Number IP3 (dBm) (dBm) Figure (dB) (mA) (V)--------- --------------- --------------- ------------ ------- -------CV211-2 +29 +9.5 11.5 420 5CV211-3 +27 +9.5 11.5 420 5--------- --------------- --------------- ------------ ------- -------
Price and Availability
Fully assembled evaluation boards and loose samples are available now and can be requested directly from the WJ website (www.wj.com). Unit prices for the CV211-2 and CV211-3 models purchased in 10,000 piece order quantities are $9.80 each.
About WJ Communications
WJ Communications Inc. is a leading RF semiconductor company focusing on the design and manufacture of high-quality devices and multi-chip modules (MCMs) for telecommunications systems worldwide. WJ's highly reliable amplifier, mixer, RF IC and MCM products are used to transmit and receive signals that enable current and next generation wireless and wireline services. For more information visit www.wj.com or call 408/577-6200.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This press release contains forward-looking statements including financial projections, statements as to the plans and objectives of management for future operations, and statements as to the Company's future economic performance, financial condition or results of operations. These forward-looking statements are not historical facts but rather are based on current expectations and our beliefs. The Company's actual results may differ materially from those projected in these forward-looking statements as a result of a number of factors including those described from time to time in the Company's filings with the Securities and Exchange Commission. Readers of this release are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise the forward-looking statements contained herein to reflect changed events or circumstances after the date of this press release.
SOURCE: WJ Communications
CONTACT: WJ Communications Leah McLean, 408/577-6411 (Editorial and PR) leah.mclean@wj.com Fred Krupica, 408/577-6261 (Financial) fred.krupica@wj.comURL: http://www.businesswire.comToday's News On The Net - Business Wire's full file on the Internetwith Hyperlinks to your home page.
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