InterDigital Inc (IDCC)

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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: [e-mail]
or
Investor Contact:
Janet Point, 610/878-7800
e-mail: [e-mail]

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KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: TELECOMMUNICATIONS
SOFTWARE
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BANKING
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SOURCE:
InterDigital
Communications
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