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Re: ziploc_1 post# 22706

Sunday, 05/04/2003 2:11:09 PM

Sunday, May 04, 2003 2:11:09 PM

Post# of 432883
On January 22, 1999, InterDigital entered into an agreement with Nokia
Corporation ("Nokia") involving the development of new technology for third
generation wireless telecommunications products designed for high data rate
applications, such as Internet access. The agreement includes royalty bearing
TDMA and CDMA patent licenses, which are paid up generally through the project
period, and provides a structure for determining the royalty payments
thereafter. InterDigital recorded $31.5 million as licensing revenue and $1.1
million of on-going strategic partner revenue in the first quarter associated
with this agreement

I guess by the wording you could state 31 for a paid up licence going forward from this date with nothing for past usage.
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