(COMTEX) B: InterDigital Appoints Senior Director of Corporate Development
KING OF PRUSSIA, Pa., Apr 1, 2003 (BUSINESS WIRE) -- InterDigital
Communications Corporation (Nasdaq:IDCC), a leading architect, designer and
provider of wireless technology and product platforms, today announced that
Charlie Brogan has been named as Senior Director of Corporate Development.
In this newly created position, Mr. Brogan will lead the Company's strategic
mergers and acquisitions activities. He will be responsible for coordinating the
identification, evaluation and execution of acquisition opportunities that
complement or extend InterDigital's technology and product offerings.
"I am pleased to appoint Charlie Brogan to the position of Senior Director of
Corporate Development," said Rich Fagan, Chief Financial Officer of
InterDigital. "With more than twenty years of senior level mergers and
acquisitions experience, Charlie will lead InterDigital's corporate development
activities at a time of positive momentum for the Company. By creating this
position, the Company is accelerating its growth possibilities, enhancing its
ability to penetrate new markets, providing InterDigital with access to a
broader range of technologies and products to offer to its customers, and
strengthening the Company's ability to increase shareholder value."
Mr. Brogan joined InterDigital in 2000 as Director of Business Analysis. He was
appointed to Senior Director of Business Analysis in 2001. In this role he has
been responsible for managing numerous aspects of the Company's financial
operations and contributing to business development activities.
Prior to joining the Company, he served for seventeen years as Principal and
President of Brandywine Capital, Ltd., an investment banking consulting firm
based in Wilmington, Delaware. Mr. Brogan's experience also includes tenure as
Chief Financial Officer of AmeriGas, an industrial gas/welding supply company,
and as a partner in a leverage buyout group.
Mr. Brogan earned a Bachelor of Science degree in Chemical Engineering from
Manhattan College and a Master's Degree in Business Administration from the
University of Delaware. He is a Certified Public Accountant and member of the
American Institute of Certified Public Accountants as well as the State CPA
societies of Pennsylvania and Delaware.
Mr. Brogan also serves on the Investment Advisory Board for Ulster Project
Delaware.
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.
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
Copyright (C) 2003 Business Wire. All rights reserved.
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SOURCE:
InterDigital
Communications
Corporation
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