CORRECTION -- InterDigital Comments on ITC Initial Determination in Nokia, ZTE Investigation
June 13 2014 - 3:19PM
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."
About InterDigital®
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.
CONTACT: Patrick Van de Wille
Email: patrick.vandewille@interdigital.com
+1 (858) 210-4814
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