InterDigital and Panasonic Mobile Communications Expand Patent License to Cover 4G

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WILMINGTON, Del., Sept. 26, 2013 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq:IDCC), today announced that its patent holding subsidiaries have amended their worldwide, non-exclusive, royalty-bearing patent license agreement with Panasonic Mobile Communications Co., Ltd. ("PMC") to add coverage for 4G technologies, including LTE and LTE-Advanced.

"PMC's agreement to expand its current patent license to cover sales of its 4G products is further support of our patent portfolio and patent licensing program," said Lawrence F. Shay, President of InterDigital's patent holding subsidiaries. "We are pleased with the continued and substantial progress of our 4G licensing program, confirming the significance of our 4G portfolio."

About InterDigital®

InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.

InterDigital is a registered trademark of InterDigital, Inc.

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Source:InterDigital, Inc.