WILMINGTON, Del., June 13, 2014 (GLOBE NEWSWIRE) -- In a release issued under the headline "InterDigital Comments on USITC Initial Determination in Nokia, ZTE Investigation" today, the quotation should be attributed to William J. Merritt, President and Chief Executive Officer. The headline has been corrected to "InterDigital Comments on ITC Initial Determination in Nokia, ZTE Investigation".
The corrected release follows.
InterDigital, Inc. (Nasdaq:IDCC), a wireless research and development company, today commented on the initial determination by the United States International Trade Commission ("ITC") in its investigation 337-TA-868 involving Nokia and ZTE.
"While the investigation only involves a small portion of the wireless market, today's decision by the Administrative Law Judge is unfortunate, and does not align with the validation of our portfolio and licensing practices that is reflected in our numerous agreements with major wireless companies worldwide," said William J. Merritt, President and Chief Executive Officer. "We will evaluate our course of action once the detailed decision is available, but it is likely that we will petition the Commission for review and, if necessary, appeal the case to the Federal Circuit, where two of the three patents in this case have seen favorable decisions."
InterDigital develops 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.
For more information, visit: www.interdigital.com.
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