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KING OF PRUSSIA, Pa., Aug 02, 2007 (BUSINESS WIRE) -- InterDigital, Inc.
(NASDAQ:IDCCD) today announced that the company's trading symbol will revert to
"IDCC" effective Monday, August 6, 2007 at market open.
On July 2, 2007, InterDigital Communications Corporation filed a Form 8-K
announcing an internal corporate restructuring, which resulted in InterDigital,
Inc. being substituted as the publicly-traded company. To indicate this
substitution event, NASDAQ implemented a 20-trading day transition period
commencing July 9, 2007, temporarily changing the company's trading symbol from
"IDCC" to "IDCCD."
Beginning at market open on August 6, 2007, InterDigital, Inc.'s common stock
will again be traded on the NASDAQ Global Select Market under the ticker symbol
"IDCC." As was announced by the company on July 2, 2007, all outstanding shares
of InterDigital Communications Corporation common stock have been converted
automatically into shares of InterDigital, Inc. on a share-for-share basis.
Stock certificates formerly representing shares of InterDigital Communications
Corporation (as well as its predecessor company, International Mobile Machines
Corporation) represent the same number of shares of common stock in
InterDigital, Inc. Shareholders do not need to exchange their share
certificates.
About InterDigital
InterDigital designs, develops and provides advanced wireless technologies and
products that drive voice and data communications. InterDigital is a leading
contributor to the global wireless standards and holds a strong portfolio of
patented technologies which it licenses to manufacturers of 2G, 2.5G, 3G and 802
products worldwide. Additionally, InterDigital offers baseband product solutions
and protocol software for 3G multimode terminals and converged devices.
InterDigital's differentiated technology and product solutions deliver
time-to-market, performance and cost benefits. For more information, please
visit InterDigital's web site: www.interdigital.com.
InterDigital is a registered trademark of InterDigital, Inc.
SOURCE: InterDigital, Inc.
CONTACT: InterDigital, Inc.Media Contact:Jack Indekeu, +1 610-878-7800jack.indekeu@interdigital.comorInvestor Contact:Janet Point, +1 610-878-7800janet.point@interdigital.com
Copyright Business Wire 2007
-0-
KEYWORD: United States
North America
Pennsylvania
INDUSTRY KEYWORD: Technology
Networks
Telecommunications
Thx olddog...eom
No not required, I can understand Microsoft because that is what the user will see, recognize, and understand. The rest of the 'under-the-cover' technology to most users is hocus-pocus magic and do not care whether its Samsung, Qualcomm, Interdigital, or otherwise as long as it works well.
So if Samsung and Qualcomm get to advertise, why not IDCC. This is not a question, just a thoughtful opinion.
IMO for the very same reason, it mentions Samsung and Microsoft, because IMO IDCC is inside the product.
If it is a matter of Samsung, Mircosoft, and Qualcomm contractual license agreement, then IDCC might consider including it in its future license agreement to gain more market exposure for its product (IPR).
I was somewhat disatisfied when I noticed the High Technology Computer (HTC - an IDCC licensee) web site advertising HTC's own AT&T 8525 device to have Qualcomm HSDPA inside and not IDCC. IMO...I would prefer Interdigital to be mentioned in place of Qualcomm or in addition to Qualcomm.
Processor/Chipset Samsung 400MHz processor, QUALCOMM® 3G HSDPA
http://www.america.htc.com/products/8525/features-specs.html
I then researched the IDCC HTC press release on the patent license agreement and found no mention of IDCC licensing its HSDPA to HTC. Not having the actual IDCC license agreement, HSDPA just may not have been mentioned in the press release.
http://phx.corporate-ir.net/phoenix.zhtml?c=116582&p=irol-newsArticle&ID=547419&highligh...
deleted...already posted..eom
IMO Maybe there is no need for that. To my knowledge, the manufacturer of the iPhone has not been identified. The manufacturer could be an IDCC licensee already, Inventec or Quanta.
IMO..It is my belief the CFO position will be filled. In the world of Sarbanes-Oxley requirements, I doubt a staff accountant will want to sign off on the financial statements without being adequately compensated in salary and title for that responsibility...Just my thoughts.
IDCC...why not create your own PR similiar to this on occasion?
http://biz.yahoo.com/bw/070521/20070521005228.html?.v=3
Why bother?...Because the Ericy settlement lead the way to NOK where IDCC got an arbitrated settlement of about $250 million. Worth the bother....
OT..M3S, This may help....
http://www.polymercentre.org.uk/community/features/emulsion.php
News for 'IDCC' - (=DJ Supreme Crt Ruling, Confusion On Deadline Sinks Wi-LAN -2-)
The U.S. Supreme Court decision, KSR International versus Teleflex Inc., broadened the definition of obviousness, a key element in defending against allegations of patent infringement. Obviousness allows an accused manufacturer the chance to prove a claimed invention is the next obvious step in existing technology. If it is easier for an alleged infringer to prove obviousness, it makes it more difficult for patentholders to assert their patent rights. It could also make it more difficult to obtain patents, an unwelcome development for patent-licensing companies looking to replenish their patent portfolios.
Still, despite the apparent setback for patent-licensing companies, aside from W-LAN, the decision doesn't seem to be weighing heavily on the stocks of other patent-licensing companies. That suggests confusion over the deadline for Wi-LAN's early-licensing program is contributing significantly to Tuesday's decline in its share price.
AMong other patent-licensing firms, Mosaid Technologies Inc. (MSD.T) is down 11 Canadian cents to C$26.27 in Toronto, Acacia Technologies Group (ACTG) is off 51 U.S. cents to US$14.41 on Nasdaq and Interdigital Communications Corp. (IDCC) is off 15 U.S. cents to US$32.73 on Nasdaq.
Bill Middleton, general counsel and vice-president of patent licensing at Wi-LAN, said Monday's decision wasn't a surprise and confirmed longheld court standards on obviousness. He said a ruling by the U.S. Court of Appeals for the Federal Circuit, which led the Supreme Court to hear the KSR-Teleflex case, was the aberration. That ruling reversed an earlier federal district ruling that dismissed Teleflex's patents on obviousness grounds.
Middleton said obviousness is a complex area of patent law with no easy "bright-line" test to determine if a patent is obvious. Hence, obviounsness must be determined on a case-by-case basis based on the evidence, and Monday's decision didn't change that, he said. Middleton added that the significance of Monday's decision is being overblown by parties who typically find themselves defending patent-infringement allegations.
-Stuart Weinberg, Dow Jones Newswires; 416-306-2026;
stuart.weinberg@dowjones.com
(END) Dow Jones Newswires
May 01, 2007 13:12 ET (17:12 GMT)
Copyright (c) 2007 Dow Jones & Company, Inc.- - 01 12 PM EDT 05-01-07
Source: DJ Broad Tape
InterDigital Announces Intention of Board Member to Not Seek Re-Election
KING OF PRUSSIA, Pa., Apr 17, 2007 (BUSINESS WIRE) -- InterDigital
Communications Corporation (NASDAQ: IDCC), today announced that Mr. Alan P.
Zabarsky has announced his intention to not stand for re-election to
InterDigital's Board of Directors at the upcoming 2007 Annual Meeting of
Shareholders. Mr. Zabarsky, appointed to InterDigital's Board of Directors in
December 2003, will continue to serve his term until the June 7, 2007 Annual
Meeting of Shareholders.
"I would like to thank Al for his dedication to InterDigital's Board, the
company and its shareholders," commented Mr. Harry Campagna, Chairman of
InterDigital's Board of Directors. "Al brought valuable industry experience and
perspective to our Board during his three years of service. I appreciate his
desire to spend more time on his consulting business and wish him great success
in the future."
Mr. Zabarsky currently serves as Chief Executive Officer of Technology
Consulting Associates, Inc., a consulting firm he founded in 2002. With more
than thirty-five years of experience in the telecommunications industry, Mr.
Zabarsky has served in various executive, strategic, product engineering and
operational capacities at Motorola, Inc. and at Bell Laboratories. Mr. Zabarsky
earned a Bachelor of Science degree in Electrical Engineering from Worcester
Polytechnic Institute and a Master of Science degree in Electrical Engineering
from Columbia University.
"While I am looking forward to focusing on my consulting as well as other
endeavors, I am proud to have served on the InterDigital Board during its period
of greatest growth," commented Mr. Zabarsky. "InterDigital has a bright future,
both as a technology licensor and in connection with its more recent emergence
as a supplier of ASIC solutions. I have every confidence that the management
team and Board will continue to chart the right course and enhance shareholder
value going forward."
The Nominating Committee of the Board of Directors will not propose a
replacement candidate for the seat vacated by Mr. Zabarsky. As such, after the
2007 Annual Shareholders Meeting, InterDigital's Board of Directors will be
composed of seven Directors, five of whom are independent.
About InterDigital
InterDigital Communications Corporation designs, develops and provides advanced
wireless technologies and products that drive voice and data communications.
InterDigital is a leading contributor to the global wireless standards and holds
a strong portfolio of patented technologies which it licenses to manufacturers
of 2G, 2.5G, 3G and 802 products worldwide. Additionally, the company offers
baseband product solutions and protocol software for 3G multimode terminals and
converged devices, delivering time-to-market, performance and cost benefits. For
more information, visit the InterDigital website: www.interdigital.com.
InterDigital is a registered trademark of InterDigital Communications
Corporation.
SOURCE: InterDigital Communications Corporation
http://biz.yahoo.com/bw/070417/20070417006399.html?.v=1
OT..Ruling bars Vonage from customer signups
Judge’s order is punishment for infringing on patents held by Verizon
Updated: 59 minutes ago
ALEXANDRIA, Va. - A judge issued an injunction Friday that would bar Internet phone carrier Vonage from signing up new customers as punishment for infringing on patents held by Verizon Communications Inc.
Vonage Holdings Corp. planned an immediate appeal.
The company’s lawyers argued that the compromise injunction issued by U.S. District Court Judge Claude Hilton would be almost as devastating as ordering Vonage to cut off service to its 2.2 million existing customers.
“It’s the difference of cutting off oxygen as opposed to the bullet in the head,” Vonage lawyer Roger Warin said.
The judge had initially planned to issue a full injunction that would have barred Vonage from using the patented technology to serve its existing customers.
Verizon’s lawyers proposed the compromise injunction earlier this week as a way to avoid shutting down Vonage’s entire network.
Last month, a jury in Alexandria, Va., found that Vonage infringed on three patents held by Verizon. The jury awarded Verizon $58 million plus future royalties of 5.5 percent on revenue obtained through continued use of the infringed patents.
On March 23, Hilton went even further, issuing a permanent injunction barring Vonage from further use of the patented technology. But he delayed putting it into effect until Friday’s hearing, at which he replaced it with the compromise suggested by Verizon.
Hilton said he would wait until Thursday to impose the new injunction, giving Vonage time to appeal.
The judge has said that awarding royalties to Verizon was insufficient, given a competitive climate in which Vonage continues to gain subscribers at Verizon’s expense.
In court papers filed Wednesday, Verizon said that if a full injunction were to be implemented, it “would cause virtually all of (Vonage’s) customers to leave for another provider.”
Vonage officials have said that Verizon overstates the patents’ importance and that they have a strong likelihood of getting the verdict overturned.
Rebecca Arbogast, an industry analyst with Stifel Nicolaus, said Verizon’s compromise would be nearly as effective as a full injunction while being more likely to hold up on appeal.
“I think Verizon’s legal strategy has been very aggressive and very effective,” she said. “Vonage doesn’t have very many attractive options except to hope for an emergency stay.”
© 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
http://www.msnbc.msn.com/id/17982142/
IMO to make the Delaware courts aware of Samsung as well as NOK. (eom)
U.S. Equity News: Alcatel-Lucent Introduces CDMA2000 Mobile Network Solution for 700 MHz Spectrum Band)
Mar 07, 2007 (M2 PRESSWIRE via COMTEX) -- Alcatel-Lucent (NYSE: ALU) recently introduced its CDMA2000 mobile network solution for the 700 MHz spectrum band. Alcatel-Lucent's commercial CDMA2000 solution, deployed by service providers worldwide, is being enhanced to support the specific needs of the public safety organizations of state and local governments. Alcatel-Lucent's commercial CDMA2000 products available to support public safety networks include the Alcatel-Lucent CDMA Modular Cell 4.0 Compact and Radio Network Controller.
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Jim, try the old fashioned way....
Before you start FTP, make sure to change to the directory (CD command) where the file to be FTP'd resides. Once in that directory, then start FTP and enter your FTP command responses as before. When you get to the send command, type in the name of the file to be FTP'd....
send filename.pdf
and then press enter.
Did Cramer say the same thing about IDCC sometime ago? Times are changing....
Qualcomm (QCOM - Cramer's Take - Stockpickr - Rating), though Cramer cautioned that the San Diego wireless-chip shop is "too litigious for my taste."
(my bold above)
http://www.thestreet.com/_yahoo/funds/stoptrading/10340373.html?cm_ven=YAHOO&cm_cat=FREE&cm_...
IMO..it is possible NOK wants a quick decision in the DE case on anything but infrigement such as Lanham Act, non essential patents, and whatever else NOK has alleged at this point.
IMO...if the case went the infringement direction, I believe NOK realizes it would have a very tough case to win. If I remember correctly, IDCC had this case designated as a 'complex' case from the start.
Rev, is it your opinion that the reason NOK wishes to end the DE action ASAP is related to the agreement where IDCC agreed not to sue NOK for infringement until a (possible) specified date? Thanks for your reply/opinion.
There would have to be legal discovery by IDCC to disprove it, NOK did not cooperate, and IDCC has already asked the court to sanction NOK for evidence spoiliage.
Did IDCC trick the following companies in the wireless sector....I think not !!! IMO.
12/21/06 SK Telecom Selects InterDigital to Develop Mobile Wireless Handover Capability
10/04/06 Infineon and InterDigital Expand Cooperation
Here are the corrected links...
http://wirelessledger.com/idcc_Feb09a_show_case_doc.pdf
http://wirelessledger.com/idcc_Feb09b_show_case_doc.pdf
I share that opinion and excitement...eom
IMO..the reason the iPhone was not available with 3G capabilities is because of the status of 3G rollout on the Cingular network. Cingular 3G is available in some markets and in those available markets not all tower upgrades have been completed.
I live in a major metropolitan area. The downtown area has 3G capability with HSDPA, but as you move out of the downtown, that functionality does not exist. JMHO...
I found these statements in the NOK filing to be of interest. I have bolded two specific words in particular.
"Indeed, the declaration that Interdigital executed for worldwide publication state:
The SIGNATORY has notified ETSI that it is the proprietor of IPRs [apppended to the declaration] and has informed ETSI that it believes that the IPRs may be considered ESSENTIAL to the standards listed above."
The words of "believe" and "may" in no way indicate the above declaration is a statement of fact. The words definitely imply a statement of opinion on IDCC's part. Any parties reading the ETSI declarations should be left to their own expertise to determine whether or not the IPRs will be used in their wireless designs.
Ghors...Thanks...eom
Ghors...How can Delaware law be applied to transactions involving interstate commerce? Interstate commerce is a federal jurisdication...correct? A ruling based upon Delaware law would only apply to the state of Deleware...corect?
KING OF PRUSSIA, Pa., Dec 28, 2006 (BUSINESS WIRE) -- InterDigital
Communications Corporation (NASDAQ: IDCC) announced today that its Board of
Directors has approved the expansion of its current share repurchase program
from $200 million to $350 million. The Board based the higher authorization
amount upon strong positive cash flow generated in 2006 as well as anticipated
high levels of free cash flow in 2007. Under the current $200 million repurchase
program, the company has repurchased 6.4 million shares for $187 million as of
December 27, 2006.
"Our business continues to generate substantial free cash flow. Indeed, in first
quarter 2007, in addition to expected payments related to current royalties, we
anticipate receipt of either scheduled license fee payments or new pre-payments
totaling approximately $120 million from existing patent licensees," commented
William J. Merritt, InterDigital's President and Chief Executive Officer. "These
high levels of free cash flow allow us to build shareholder value in three ways:
the advancement of our internal modem product development in support of product
launch targeted for the fall of 2007, acquisitions of technology, and
significant share repurchases."
"Since 2003, InterDigital has invested substantial amounts in research and
product development, funded complementary acquisitions of patents and
technologies and expended nearly $300 million repurchasing approximately 11
million shares, or approximately 18% of diluted shares. Our high level of share
repurchases in recent years together with this expansion of our current program
reflects both our confidence in our ability and our commitment to enhance
shareholder value," said Richard Fagan, InterDigital's Chief Financial Officer.
"In addition, we plan to initiate steps in 2007 to help reduce our weighted
average cost of capital and further enhance shareholder value by introducing
prudent levels of debt to our capital structure."
Pursuant to the repurchase program, shares may be purchased from time-to-time,
through open market purchases, pre-arranged trading plans or privately
negotiated transactions. The amount and timing of purchases will be based on a
variety of factors, including potential share repurchase price, cash
requirements, acquisition opportunities, strategic investments and other market
and economic factors.
About InterDigital
InterDigital Communications Corporation designs, develops and provides advanced
wireless technologies and products that drive voice and data communications.
InterDigital is a leading contributor to the global wireless standards and holds
a strong portfolio of patented technologies which it licenses to manufacturers
of 2G, 2.5G, 3G and 802 products worldwide. Additionally, the company offers
baseband product solutions and protocol software for 3G multimode terminals and
converged devices. InterDigital's differentiated technology and product
solutions deliver time-to-market, performance and cost benefits. For more
information, please visit InterDigital's web site: www.interdigital.com.
This press release contains forward-looking statements regarding our current
beliefs and expectations as to: levels of free cash flow in 2007, payments
related to current royalties and receipt of either scheduled license fee
payments or new pre-payments, our ability to build shareholder value, a fall
2007 product launch, and our plans to reduce our average cost of capital.
Forward-looking statements are subject to risks and uncertainties. Actual
outcomes could differ materially from those expressed in or anticipated by such
forward-looking statements due to a variety of factors including, but not
limited to, delays in the receipt of expected payments from our licensees, our
ability to enter into new license agreements, the market price of shares of the
company's common stock, other unexpected business demands for cash, acquisitions
and other strategic investment opportunities, general market and economic
conditions, unexpected delays in our product development program, and the
ability to obtain debt on favorable terms. InterDigital is a registered
trademark of InterDigital.
InterDigital is a registered trademark of InterDigital Communications
Corporation.
SOURCE: InterDigital Communications Corporation
CONTACT: InterDigital Communications CorporationMedia:Jack Indekeu, +1 610-878-7800jack.indekeu@interdigital.comorInvestors:Janet Point, +1 610-878-7800janet.point@interdigital.com
Copyright Business Wire 2006
http://phx.corporate-ir.net/phoenix.zhtml?c=116582&p=irol-newsArticle&ID=945172&highligh...
Based upon last year's activity, we saw increasing volume with upward price movement then settling back to a lower daily volume and a total price increase of about $1.00...Price history below per Yahoo! Finance.
PRICES
Date Open High Low Close Volume Adj Close*
3-Jan-06 18.38 18.62 17.74 18.50 647,800 18.50
30-Dec-05 18.49 18.73 18.30 18.32 566,500 18.32
29-Dec-05 20.05 20.35 18.49 18.59 1,719,300 18.59
28-Dec-05 17.43 19.80 17.41 19.63 1,302,400 19.63
27-Dec-05 17.85 18.03 17.38 17.53 357,000 17.53
* Close price adjusted for dividends and splits.
Ghors...Thanks...eom
Ghors...questions..Is the NOK case already premised on what IDCC has said in the past regarding the essentiality of its patents and its negative impact on NOK? Is IDCC stating in its Summary Judgement motion, that based upon NOK's alleged facts of IDCC's conduct, there is no legal premise under which to proceed with this case?
Is it a fair statment to say in regard to the NOK response, I think you committed an offense against me and now I want you to help me prove that you did.
IMHO...It seems that NOK has alleged conduct on the part of IDCC, that IDCC's alleged conduct has no known basis in fact to NOK, and now NOK wishes for the court to allow NOK additional time for a fishing expedition.
Your thoughts are appreciated...
World's First HSUPA Live Demo
See below for the rest of today's 3G news from 3G.co.uk
8th December , 2006
http://www.3g.co.uk/PR/December06/4039.htm
An action against the phone/service retailers may only justify NOK's Lanham action in Deleware. JMHO.
True, So true. My personal thanks to all veterans.
It would be great if IDCC announces a new licensees before WM rings the bell tomorrow morning.
drrtl...I just got product information on the LG CU500 last night from Radio Shack. The phone looks great and reads great. I would like to hear more about how well the phone functions in particular the HSPDA. I am considering the LG CU500 as my next phone. You know...'Interdigtal Inside'. I want to get a first hand experience using Interdigital technology.
http://us.lge.com/products/model/detail/mobile%20phones_select%20by%20carrier_cingular_CU500.jhtml#
The phone is not in that particular store just yet because I was told Cingular just rolled out its HSPDA network in limited areas a couple of days ago. HSPDA is not available network wide until more towers are upgraded. The phones should be in Radio Shack shortly.
IMO...NOK got a discount on the rate because of its sales volume. ICC decided Samsung is entitled to the same rate schedule but not the same rate because of Samsung's lower sales volume. Samsung wants the same rate as NOK because of the MFL provision regardless of its sales volume.
10 minutes after the open and YAHOO is showing 0 shares traded? This can not be correct.
LongIDCC, IMO, the stock price is more based upon future expectations. IDCC has successfully closed on ERCIY, NOK, and now Samsung. Do you believe the market will now have no expectation that IDCC can close on other 2G firms much less 3G?
The positive arb result indicates IDCC can now monetize its inventions and future looks bright. IMO, the stock will trend higher as a result not just because of Samsung.