October 17, 2000
INTERDIGITAL'S ACTIVE RECRUITING CAMPAIGN INCREASES ENGINEERING TEAM 60% YEAR-TO-DATE;
Company Continues Its Aggressive Hiring Plan
King of Prussia, PA, October 17, 2000 . . . InterDigital Communications Corporation (Nasdaq: IDCC), a leading developer of advanced wireless technologies, today reported that it has increased its engineering team by 60% year-to-date. InterDigital's engineers work in the Company's engineering and design facilities located in King of Prussia, PA and Melville, NY. The growth in the team is a result of InterDigital's aggressive work to continue to enhance its technology and product development teams. The Company has hired more than 60 engineers, bringing the total number of full-time engineers to approximately 160. InterDigital aims to hire an additional 30 engineers by the end of 2000.
The aggressive recruiting program focuses on engineers with solid analytical skills, Application Specific Integrated Circuit (ASIC) software expertise, and systems architecture expertise. To support the development of its Third Generation (3G) technology, InterDigital is working to continue dramatic growth in its engineering teams and other disciplines throughout the next two years.
"As a growth company in the 3G wireless sector, we constantly seek to employ the best engineering talent to remain ahead of the technology curve," said Mark Gercenstein, Chief Executive Officer. "To date, we have been extremely successful in attracting and retaining some of the best minds in the industry. These skilled professionals are attracted to expanding companies that employ cutting edge technologies. We actively encourage innovation and reward our employees' inventions. Leading companies in the wireless industry, including Nokia, are attracted to the talent that InterDigital can offer them. We are committed to recruiting top engineers to facilitate growth and firmly position InterDigital as a pioneer in the 3G wireless revolution."
"The booming wireless industry is attracting many employees, but people choose to work at InterDigital because we offer the best of both worlds: a small company feel with a global technology reach," said Gary Isaacs, Vice President, Human Resources. "We provide engineers with a challenging environment and the opportunity to make significant contributions to 3G standards, technologies and products."
InterDigital develops advanced wireless technologies and products that drive voice and data communications. InterDigital offers solutions for mainstream wireless applications, which deliver cost and time-to-market advantages for its customers. By leveraging its technology and intellectual property into third generation standards and products, InterDigital is maximizing its long-term revenue and earnings opportunities. InterDigital has a strong portfolio of patented TDMA and CDMA inventions, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com.
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