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/ C O R R E C T I O N -- INTERDIGITAL COMMUNICATIONS CORPORATION /

 In NY098, InterDigital Communications Corporation Announces 1992 Fourth Quarter And Year-End Results And Effect of SCS Acquisition, moved Tuesday, March 30, InterDigital advises that in the the tabular material, the weighted average common shares outstanding for the 12-month period ended Dec. 31, 1992, should be 24,113 (rather than 22,856 as originally issued).
 A corrected version of the release follows:
 INTERDIGITAL COMMUNICATIONS CORPORATION ANNOUNCES


1992 FOURTH QUARTER AND YEAR-END RESULTS AND EFFECT OF SCS ACQUISITION
 KING OF PRUSSIA, Pa., March 30 /PRNewswire/ -- InterDigital Communications Corporation (AMEX: IDC) announced today its consolidated results for the fourth quarter and year ended Dec. 31, 1992.
 Revenues in 1992 increased to $42,621,00 compared to 1991 revenues of $33,843,000. UltraPhone sales in 1992 were $34,348,000 compared to $31,482,000 in 1991. Increases in UltraPhone sales were due principally to increased shipments to international customers, which accounted for $24,584,00 or 72 percent of UltraPhone revenues in 1992 compared to $16,238,000 or 52 percent in 1991. It is anticipated that international sales will continue to represent a majority of the UltraPhone sales for 1993 and future years. In 1992, InterDigital's international sales were to customers in Mexico, Kuwait, Indonesia, the Philippines, China, the Ukraine, Belize and Venezuela. Revenues in 1992 also included $3,015,000 of up front initial license fees for InterDigital's Time Division Multiple Access (TDMA) patents. Revenues from the telephone company operations were $2,911,000 in 1992 compared to $221,000 in 1991, the year of acquisition.
 The loss before non-recurring items was $6,148,000 in 1992 as compared to $6,573,000 in 1991. The net loss for 1992 amounted to $22,625,000 compared to a loss of $6,239,000 in 1991.
 Results of the fourth quarter of 1992 include two non-recurring charges. In October 1992, InterDigital acquired SCS Mobilecom, Inc. and SCS Telecom, Inc. (collectively referred to as "SCS") in a stock transaction recorded under the purchase method of accounting. Accordingly, the purchase and acquisition costs, which amounted to $13,941,000, were allocated to the tangible and patent assets of SCS and to acquired research and development costs. In accordance with Generally Accepted Accounting Principles, $13,120,000 of acquired research and development costs were expensed as a non-recurring cost of operations. Also, InterDigital revalued the test equipment which was acquired from Hughes Network Systems (HNS) in conjunction with the company's March 1992 cancellation of the UltraPhone subscriber equipment production agreement with HNS. This revaluation resulted in a non- recurring charge to operations of $1,968,000.
 In 1992 InterDigital continued its cost reduction program which it believes will ultimately result in significantly lower costs of the assembled UltraPhone product. During the third quarter of 1992, InterDigital began the in-house assembly, integration and testing of subscriber in lieu of purchasing assembled units from HNS. This in- house production has resulted in an approximate 30 percent reduction in the cost of the subscriber units.
 Results for the twelve months ended Dec. 31, 1991, include the effect of the $7.2 million charge related to the cancellation of the UltraPhone subscriber equipment production agreement which was offset by the gain on the sale of the Indiana 4 RSA construction permit which amounted to $8.1 million, resulting in a net non-recurring benefit of $925,000 for the year 1991.
 INTERDIGITAL COMMUNICATIONS CORPORATION
 (In thousands, except per share amounts)
 Periods ended Dec. 31 4th Quarter 12 Months
 1992 1991 1992 1991
 Revenues $15,655 $17,551 $42,621 $33,843
 Non-recurring income
 (charge), net (15,088) (7,200) (15,088) 925
 Loss from operations (17,225) (6,798) (21,236) (5,648)
 Net loss (17,441) (6,925) (22,625) (6,239)
 Preferred dividends (64) (376) (292) (1,504)
 Net loss applicable to
 common shareholders (17,505) (7,301) (22,917) (7,743)
 Net loss per
 common share ($.66) ($.36) ($.95) ($.39)
 Weighted average common
 shares outstanding 26,413 20,071 24,113 19,828
 -0- 3/31/93
 /CONTACT: Marcia A. Bexley, media, 215-278-7831, or Dave Buckingham, investors, 215-278-7910, both of InterDigital Communications Corporation/
 (IDC)


CO: InterDigital Communications Corporation ST: Pennsylvania IN: TLS SU: ERN

JG -- NYON1 -- 1302 03/31/93 01:25 EST
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