"We are pleased that the Federal Court has confirmed the award," commented William J. Merritt, President and Chief Executive Officer of InterDigital. "We intend to commence the collection process as to the Award, including interest and 2006 royalty obligations."
With a judgment from the District Court, InterDigital can commence a seizure process to satisfy the Award amount. The Company believes that any appeal of the District Court decision would be frivolous and would require Samsung to post a bond for at least the full amount of the Award.
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 baseband product solutions and protocol software for 3G multimode terminals and converged devices, delivering time-to-market, performance and cost benefits. For more information, visit the InterDigital website: www.interdigital.com.
InterDigital is a registered trademark of InterDigital, Inc.
Contact:
InterDigital, Inc.
Media Contact:
Jack Indekeu,
+1 (610) 878-7800
Email Contact
or
Investor
Contact:
Janet Point, +1 (610) 878-7800
Email Contact
