UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported):
September 22, 2004 (September 16, 2004)
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InterDigital Communications Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania 1-11152 23-1882087
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
781 Third Avenue, King of Prussia, Pennsylvania 19406-1409
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 610-878-7800
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
InterDigital Communications Corporation today announced that its patent holding
subsidiaries have entered into a worldwide, non-exclusive, royalty-bearing
patent license agreement with Toshiba Corporation ("Toshiba") covering terminal
units and infrastructure compliant with all Second Generation (2G and 2.5G)
TDMA-based standards including GSM/GPRS/EDGE and all Third Generation (3G)
standards including WCDMA/cdma2000(R)/TD-SCDMA. The new patent license agreement
updates and expands a prior Second Generation patent license agreement between
Toshiba and InterDigital Technology Corporation covering products compliant with
TDMA-based standards, pursuant to which Toshiba was previously granted a paid-up
license relating to certain sales of PDC and PHS compliant products, and now
includes all Third Generation standards.
Under the new patent license agreement, Toshiba is obligated to pay InterDigital
an upfront amount of $10 million, the majority of which serves as a prepayment
of future unit-based royalties. Such amount is payable either in late third
quarter or early fourth quarter 2004.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INTERDIGITAL COMMUNICATIONS CORPORATION
By: /s/ Howard E. Goldberg
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Howard E. Goldberg
President and Chief Executive Officer
Date: September 22, 2004
InterDigital Announces New 2G and 3G Patent License
Agreement with Toshiba Corporation
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Sept. 22, 2004--
InterDigital Communications Corporation (Nasdaq:IDCC), a leading
architect, designer and provider of wireless technology and product
platforms today announced that its patent holding subsidiaries have
entered into a worldwide, non-exclusive, royalty-bearing patent
license agreement with Toshiba Corporation (Toshiba) covering terminal
units and infrastructure compliant with all Second Generation (2G and
2.5G) TDMA-based standards including GSM/GPRS/EDGE and all Third
Generation (3G) standards including WCDMA/cdma2000(R)/TD-SCDMA. The
new patent license agreement updates and expands a prior Second
Generation patent license agreement between Toshiba and InterDigital
Technology Corporation covering products compliant with TDMA-based
standards, and now includes all Third Generation standards.
About InterDigital
InterDigital architects, designs and provides advanced wireless
technologies and products that drive voice and data communications.
InterDigital offers technology and product solutions for mainstream
wireless applications that deliver cost and time-to-market advantages
for its customers. InterDigital has a strong portfolio of patented
technologies covering 2G, 2.5G and 3G standards, which it licenses
worldwide. For more information, please visit InterDigital's web site:
www.interdigital.com. InterDigital is a registered trademark of
InterDigital Communications Corporation. cdma2000(R) is a registered
trademark of the Telecommunications Industry Association (TIA-USA).
About Toshiba Corporation
Toshiba Corporation is a leader in the development and manufacture
of electronic devices and components, information and communication
systems, consumer products and power systems. The company's ability to
integrate wide-ranging capabilities, from hardware to software and
innovative services, assure its position as an innovator in diverse
fields and many businesses. In semiconductors, Toshiba continues to
promote its leadership in the fast growing system-on-chip market and
to build on its world-class position in NAND flash memories, analog
devices and discrete devices. Toshiba has approximately 161,000
employees worldwide and annual sales of over US$50 billion. Visit
Toshiba's website at www.toshiba.co.jp/index.htm
CONTACT: InterDigital Communications Corporation
Media Contact:
Dawn Goldstein, 610-878-7800
dawn.goldstein@interdigital.com
or
Investor Contact:
Janet Point, 610-878-7800
janet.point@interdigital.com