InterDigital Inc (IDCC)

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Edward B. Kamins and Dr. Gilbert F. Amelio to Retire From InterDigital Board of Directors

WILMINGTON, Del., March 12, 2015 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), a mobile technology R&D company and technical solutions provider, today announced that Edward B. Kamins and Dr. Gilbert (Gil) F. Amelio have notified the company of their intentions to retire from the company's Board of Directors at the end of their respective terms, which extend until the June 2015 Annual Meeting of Shareholders.

"On behalf of the company and its shareholders, we would like to thank Ed and Gil for their tremendous service to the company, and their contribution to our growth and success," said William J. Merritt, President and Chief Executive Officer, InterDigital. "Ed has been a key contributor to our progress for over a decade and has helped drive InterDigital's success while embodying our commitment to shareholder value. Having someone of Gil's stature agree to join our Board was a watershed moment for the company, and his insight, counsel and experience as both a researcher and corporate executive has been invaluable."

Mr. Kamins joined InterDigital's Board of Directors in December 2003, and has chaired its Compensation Committee since 2013, after having previously chaired the Audit Committee. He is the principal member of UpFront Advisors, a business consulting services firm he founded in March 2009 following his retirement from Avnet, where he served as Corporate Senior Vice President.

Dr. Amelio joined InterDigital's Board of Directors in March 2011, after a year as a valued member of the company's Technical Advisory Council. Since 2013, Dr. Amelio has served as Chairman of the Nominating and Corporate Governance Committee of the Board of Directors, and he previously served as Chairman of its Compensation Committee. Dr. Amelio was a pioneering researcher before embarking on a business career that included tenures as Chief Executive Officer and Chairman of Apple Computer, President, Chief Executive Officer and Chairman of National Semiconductor, and President of Rockwell Communication Systems, a unit of Rockwell International.