KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--
InterDigital, Inc. (NASDAQ:IDCC) today announced that its patent
licensing subsidiaries have signed a non-exclusive, worldwide,
royalty-bearing patent license agreement with Paris-based ModeLabs
Group. The agreement covers the sale of certain wireless terminal units
and infrastructure built to the Second Generation (2G and 2.5G) and/or
Third Generation (3G) cellular standards and/or the non-cellular
wireless IEEE 802-based standards, for the duration of the life of the
licensed patents.
ModeLabs Group is a customized design manufacturer (CDM) that leverages
flexible, integrated processes to design, develop and distribute mobile
phones, accessories, and services for operators, retailers and major
brands.
"This new agreement with one of Europe's most creative mobile device
companies expands InterDigital's licensing coverage in Europe and allows
us to participate in a growing and innovative segment of the market,"
commented Lawrence Shay, President of InterDigital's patent subsidiaries.
About InterDigital
InterDigital designs, develops and provides advanced wireless
technologies and products that drive voice and data communications.
InterDigital is a leading contributor to the global wireless standards
and holds a strong portfolio of patented technologies which it licenses
to manufacturers of 2G, 2.5G, 3G, and 802 products worldwide.
Additionally, the company offers a family of SlimChip(TM) high
performance mobile broadband modem solutions, consisting of Baseband
ICs, Modem IP and Reference Platforms. InterDigital's differentiated
technology and product solutions deliver time-to-market, performance and
cost benefits.
InterDigital is a registered trademark and SlimChip is a trademark of
InterDigital, Inc.
For more information, visit: www.interdigital.com
Source: InterDigital, Inc.
Contact: InterDigital, Inc.
Media Contact:
Jack Indekeu, +1 610-878-7800
jack.indekeu@interdigital.com
or
Investor Contact:
Janet Point, +1 610-878-7800
janet.point@interdigital.com