InterDigital Inc (IDCC)

[nieves]

InterDigital's Licensing Pays InterDigital Communications' [Nasdaq: IDCC]



RELATED SYMBOLS: (QCOM)(IDCC)

Feb 12, 2003 (Communications Today/PBI Media via COMTEX) -- there's room for
more than one company to turn a profit in the CDMA technology licensing space.
The company (King of Prussia, Pa.) reported net income of $4 million (7 cents a
diluted share) for the October-December period, compared to a net loss of $9.8
million (18 cents a share) a year earlier.

Like Qualcomm [Nasdaq: QCOM] InterDigital, owns extensive intellectual property
rights in the CDMA space. It also authored some 400 elements included in the
W-CDMA standard, and expects its patents will come into play in production of
TD-SCDMA devices and network gear. InterDigital attributed its earnings
improvement to its overall revenue growth. Revenues in the fourth quarter were
$25.2 million, up 200 percent from a year earlier due to higher patent licensing
royalties. For the full year, the company reported net income of $700,000 (1
cent a share), after posting a net loss of $19.4 million (36 cents a share) for
2001. Its 2002 revenues were $86 million, up 64 percent from $52.6 million in
2001. For more on hot topics within the wireless sector, be sure to read the
latest edition of Wireless Data News. For subscription information, visit the
"newsstand" at www.TelecomWeb.com. [Copyright 2003 PBI Media, LLC. All rights
reserved.]

Communications Today, Vol. 9, No. 28 [Copyright 2003 PBI Media, LLC. All rights
reserved.]



Copyright 2003 PBI Media, LLC. All rights reserved.

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