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Technology Stocks : Interdigital Communication(IDCC) -- Ignore unavailable to you. Want to Upgrade?

To: Gus who wrote (4508)	9/28/2000 5:02:20 PM
From: w molloy	Respond to of 5195

InterDigital Comments On Final Report and Recommendation From Markman Hearing Concerning Patent Infringement Case KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Sept. 18, 2000-- InterDigital Communications Corporation (Nasdaq:IDCC - news) announced today that the Special Master issued his Final Report and Recommendation on Claim Construction in InterDigital Communications Corporation and InterDigital Technology Corporation's patent infringement case against Ericsson, Inc. InterDigital Technology Corporation (ITC) is a wholly-owned subsidiary of InterDigital Communications Corp. In the Final Report and Recommendation, the Special Master provided his Recommended Construction of certain terms of the patent claims in the case. The construction of claims is part of the legal process leading up to a patent infringement trial. The Special Master's Final Report and is not binding and the Federal Judge presiding over the case can accept, modify or reject it. Harry Campagna, Chairman of InterDigital, stated, ``We are pleased with the Recommendation made by the Special Master, who undertook a thorough review of the arguments made by the parties at the Markman Hearing in April 2000. We are continuing our preparation for trial.'' In the Final Report and Recommendation, the Special Master agreed with InterDigital on a number of claim construction issues, and agreed with Ericsson on certain others. As part of the routine legal process of preserving its right to appeal, InterDigital will file objections to portions of the Special Master's Final Report and Recommendation within due course. Although the court has not scheduled a specific time, InterDigital expects the case to be docketed for trial some time in the second or third quarter of 2001. Given the high level of interest in this case among the Company's shareholders, and to lessen the burden on the Court, a copy of the Final Report and Recommendation is posted in the Press Room section of the Company's website, www.interdigital.com. This press release contains a forward-looking statement regarding InterDigital's current expectation as to the timing of the Ericsson trial and is subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in such forward-looking statement due to a variety of factors including, but not limited to: the timing of the Judge's decision to accept, modify or reject the Special Master's Final Report, the timing of subsequent procedural matters, and the Judge's discretion to assign the date. InterDigital undertakes no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. InterDigital is creating innovative 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, it is maximizing its long-term revenue and earnings opportunities. The Company 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

To: Gus who wrote (4508)	9/28/2000 5:12:11 PM
From: w molloy	Read Replies (2) \| Respond to of 5195

InterDigital expects the case to be docketed for trial some time in the second or third quarter of 2001. I guess this explains why the stock price continues it's decline. Dead money here until mid 2001, then a lengthy trail. the Special Master agreed with InterDigital on a number of claim construction issues, and agreed with Ericsson on certain others. I suppose this nixes an out of court settlement that entirely favors IDCC. If this goes to trial, and if ERICY loses, will we see an appeal? Of course we will Does anyone see this being resolved before 2005?