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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.02+3.7%Nov 5 3:59 PM EST

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To: mindykoeppel who wrote (148759)2/27/2007 9:42:46 AM
From: scratchmyback  Read Replies (2) of 152472
 
NOKIA PRESS RELEASE February 27, 2007

United States International Trade Commission orders stay of Qualcomm's suit against Nokia

Espoo, Finland - Nokia announced today that the Administrative Law Judge overseeing the investigation initiated by Qualcomm against Nokia in the United States International Trade Commission (ITC) has ordered a stay of the proceedings until further notice. The trial had been scheduled to begin on March 5, 2007.

On June 9, 2006 Qualcomm filed a complaint with the ITC requesting an investigation into the alleged infringement by Nokia's GSM products of six Qualcomm patents. The ITC subsequently initiated an investigation on July 10, 2006.

Nokia is confident that it has not infringed any Qualcomm patents that are at issue in this investigation. Additionally, since Qualcomm filed its complaint, it has voluntarily withdrawn three of the six patents from the suit. The remaining three are all from the same patent family. Nokia believes the patent withdrawal reflects on the weakness of Qualcomm's case.

If the case is not dismissed before the stay is lifted Nokia welcomes the opportunity to prove that the claims regarding the three remaining patents have no more merit than those Qualcomm has already voluntarily withdrawn.

Nokia is a leading innovator in the wireless space and has built one of the strongest and broadest intellectual property portfolios in the industry, with over 11,000 patent families. Since the early 1990's Nokia has invested approximately €30 billion in research and development.

About Nokia
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.

Media Enquiries:

Nokia
Strategy and Technology Communications
Tel: +44 7917 231 929

Nokia
Communications
Tel: +358 7180 34900
E-mail: press.office@nokia.com

www.nokia.com
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