Wednesday December 22, 8:46 am Eastern Time
Company Press Release
InterDigital to Open Office in Japan
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Dec. 22, 1999-- InterDigital
Communications Corporation (ASE: IDC) announced today that it will establish a regional office in Tokyo, Japan early next
year.
The office will be responsible for business development focused on the Japanese market, with the objective of also
managing InterDigital's presence in other Asian markets where manufacturer demand for third generation technology exists.
``Japan will be the first market for third generation (3G) products,' commented Joseph Gifford, Executive Vice President,
``with trials beginning in the first half of 2001 and commercial systems rolling out one or two years later.
``Having local telecommunications professionals and a permanent local presence in this market will allow us to begin
implementing our sales and technology transfer programs. It is imperative that we position ourselves as a key technology
supplier for the Japanese market, the first battleground for 3G.'
InterDigital is currently developing technologies designed for 3G products, licensing existing technologies that cover TDMA
and CDMA inventions and designing chips and components for next generation products.
Howard Goldberg, Interim President, said, ``Japan is an important, strategic market for InterDigital because we are
developing technology today for the next generation of wireless products. We intend to capitalize on our many
long-standing relationships, including those built through our licensing activities.
``InterDigital has offered its patented technology to a number of Japanese licensees for second generation products and will
be well positioned to offer technology content for third generation products. In the near future, we hope to provide system
on a chip solutions for 3G to these same licensees and other Japanese customers.'
InterDigital is creating innovative solutions for mainstream wireless applications that deliver cost and time-to-market
advantages for its customers. For more information, please visit InterDigital's web site: www.interdigital.com.
This press release contains forward looking statements regarding InterDigital's current beliefs and expectations as to its
ability to secure new licensing and sales relationships for 3G products and technology in the Japanese market. Such
statements are subject to risks and uncertainties.
Actual outcomes could differ materially from those expressed in any such forward looking statement due to a variety of
factors including, but not limited to: delays in the roll-out of 3G in Japan, the failure of the Company to secure acceptable
licensing and or sale arrangements, delays in product development, and the availability of competing products and
technology.
InterDigital undertakes no duty to publicly update any forward looking statements, whether as a result of new information,
future events or otherwise.
Contact:
InterDigital
Media Contact:
Susan Sutton, 610/878-7800
susan.sutton@interdigital.com
or
Investor Contact:
Rip Tilden, 610/878-7800
rip.tilden@interdigital.com |
