InterDigital Executives Review Key Accomplishments and Strategic Objectives at 2007 Annual Shareholder Meeting.Shareholders Reelect re·e·lect also re-e·lect tr.v. re·e·lect·ed, re·e·lect·ing, re·e·lects To elect again. re Robert Roath and Robert Shaner as Company Directors KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa. -- InterDigital Communications Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :IDCC IDCC Integrated Dual-use Commercial Companies ) held its annual meeting of shareholders in King of Prussia, Pennsylvania For Kings of Prussia, see List of rulers of Prussia King of Prussia is an unincorporated community in Upper Merion Township, Montgomery County, Pennsylvania, United States. As of the 2000 census, its population was 18,511. yesterday. At the meeting, shareholders approved the reelection re·e·lect also re-e·lect tr.v. re·e·lect·ed, re·e·lect·ing, re·e·lects To elect again. re of directors Robert S. Roath and Robert W. Shaner for a three-year term expiring at the 2010 Annual Meeting of Shareholders. Mr. Roath has been a director of the company since May 1997. Mr. Shaner was appointed to the board of directors in December 2003. Both newly reelected directors are considered independent as defined by NASDAQ rules. InterDigital shareholders also ratified the selection of PricewaterhouseCoopers LLP as the company's independent registered public accountants for the year ending December 31, 2007. William J. Merritt, President and Chief Executive Officer, reviewed InterDigital's accomplishments and strategy to continue to build shareholder value, stating, "I am proud of what we have achieved over the past several years and I am confident we are well positioned for continued success. We have maintained a strong financial position during a period of continued investment in our research and development and while executing a substantial share repurchase program. In addition to good progress in our patent licensing business, we have made great progress in bringing our dual-mode 2G/3G HSDPA/HSUPA modem ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. to market." A copy of the presentation materials presented by Mr. Merritt at the meeting is available in the investing section of the company's web site, www.interdigital.com. About InterDigital InterDigital Communications Corporation designs, develops and provides advanced wireless technologies and products that drive voice and data communications. InterDigital is a leading contributor to the global wireless standards and holds a strong portfolio of patented technologies which it licenses to manufacturers of 2G, 2.5G, 3G, and 802 products worldwide. Additionally, the company offers baseband product solutions and protocol software for 3G multimode terminals and converged devices, delivering time-to-market, performance and cost benefits. For more information, visit the InterDigital website: www.interdigital.com. InterDigital is a registered trademark of InterDigital Communications Corporation. |
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