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 Singapore-based iWOW
Connections Pte Ltd (iWOW). The agreement covers the sale of wireless
terminal units and infrastructure, including wireless machine-to-machine
(M2M) devices, built to cellular Second Generation (2G and 2.5G)
standards and Third Generation (3G) standards and to non-cellular
wireless IEEE 802-based standards, through 2015.
iWOW designs, manufactures, and markets an extensive wireless
connectivity product line for the machine-to-machine market using GSM,
GPRS, and 3G technologies. The company's highly scalable embedded
modules and ready-to-use modems address a wide array of applications in
the emerging M2M market.
"This new agreement with a M2M company expands InterDigital's
licensing coverage and allows us to participate in one of the fastest
growing segments of the market," commented Lawrence Shay, President of
InterDigital's patent subsidiaries.
About InterDigital
InterDigital(R) 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.
For more information, visit: www.interdigital.com
InterDigital is a registered trademark and SlimChip is a trademark of
InterDigital, Inc.
Source: InterDigital, Inc.
Contact: InterDigital, Inc.
Media Contact:
Jack Indekeu, +1 (610) 878-7800
Email: jack.indekeu@interdigital.com
or
Investor Contact:
Janet Point, +1 (610) 878-7800
Email: janet.point@interdigital.com