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Technology Stocks : Ericsson overlook?
ERIC 9.745+0.2%3:59 PM EST

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To: P2V who wrote (2100)10/14/1998 8:05:00 PM
From: P2V  Read Replies (1) of 5390
 
Clarification of statement in Nikkei Newspaper

Date: Thursday, September 3 1998

Clarification of statement in Nikkei Newspaper

Clarification regarding a statement by Ericsson CEO Sven-Christer Nilsson that
was incorrectly represented in an interview published in Nikkei Newspaper,
Japan.

In response to a question about whether Ericsson is willing to pay royalties
to the American company Qualcomm, Sven-Christer Nilsson stated that Ericsson
always is prepared to pay compensation for valid intellectual property rights
based on reasonable terms and that, similarly, Ericsson expects respect and
compensation for its IPR's.

Sven-Christer Nilsson is an optimist and therefore hopes that Ericsson can
reach an amicable solution both for the standards and the IPR issue in further
talks.

This clarification should be seen in the light of the fact that, despite
thorough investigation, Ericsson has found no reason to believe that ETSI's
present WCDMA standard would infringe upon any valid IPR's claimed by
Qualcomm.

Ericsson's 100,000 employees are active in more than 130 countries. Their
combined expertise in fixed and mobile networks, mobile phones and infocom
systems makes Ericsson a world-leading supplier in telecommunications.

FOR FURTHER INFORMATION, PLEASE CONTACT

Åke Persson
Vice President, Marketing and Sales, Ericsson Radio Systems AB
Tel. +46 8 404 4095 or +46 70 542 9465

Eric Österberg, Communications Director,
Ericsson Business Area Mobile Systems
Tel. +46 8 757 2159 or +46 70 590 0599
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