Unwired Planet (Formerly Openwave Systems Inc.) Announces Plans to Change NASDAQ Ticker Symbol to UPIP
May 08 2012 - 4:05PM
Business Wire
Unwired Planet, formerly Openwave Systems Inc., (NASDAQ:OPWV)
today announced it has obtained a new ticker symbol from NASDAQ,
and, effective May 9, the stock will begin trading under the symbol
UPIP.
“We are excited to begin trading under a new ticker symbol that
reflects the focus of our business: Intellectual Property,” Mike
Mulica, CEO of Unwired Planet. “Unwired Planet is executing a
multi-pronged IP strategy that includes licensing and, if
necessary, enforcement to protect our patent portfolio.”
Unwired Planet’s patent portfolio is comprised of approximately
200 issued US and foreign patents, and approximately 75 pending
applications, many of which are considered foundational to mobile
communications. Earlier this month the company completed the sale
of its product businesses to Marlin Equity Partners and changed its
name from Openwave Systems Inc. to Unwired Planet.
About Unwired Planet
Unwired Planet (NASDAQ: OPWV) is the inventor of the mobile
internet. Unwired Planet established many of the foundational
patents that allow mobile devices to connect to the Internet. Over
the years, the company has amassed a patent portfolio of
approximately 200 issued US and foreign patents and approximately
75 pending applications, many of which are considered foundational
to mobile communications, and span smart devices, cloud
technologies and unified messaging. Unwired Planet is headquartered
in Silicon Valley, California.
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