InterDigital Announces Financial Guidance for Third Quarter 2009

* Reuters is not responsible for the content in this press release.

Mon Aug 17, 2009 9:55am EDT

Company to Host Conference Call at 2:00 PM ET to Discuss Recent ITC
Determination
KING OF PRUSSIA, Pa.--(Business Wire)--
InterDigital, Inc. (NASDAQ:IDCC) today announced financial guidance for third
quarter 2009. InterDigital® expects third quarter 2009 revenue to be in the
range of approximately $73.5 million to $75.5 million. This range does not
include any potential impact of any new agreements that may be signed during
third quarter 2009 or the potential impact of any additional royalties
identified in audits regularly conducted by the company. 

"Third quarter 2009 reflects solid 3G sales by our patent licensees," commented
Scott McQuilkin, InterDigital`s Chief Financial Officer. "In addition, based on
the sales reports it appears that the declines in overall handset sales have
stabilized in second quarter 2009 and indeed some of our key licensees have
reported increases in sales." 

As a follow up to the company`s press release on Friday, August 14, 2009
regarding the Initial Determination (ID) in the company`s ITC case involving
Nokia, the company will host a conference call today at 2:00 p.m. to discuss the
determination and the appeal process. 

Conference Call Information

For telephone access to the conference, call (888) 802-2225 within the U.S. or
(913) 312-1254 from outside the U.S. Please call by 1:50 p.m. ET and ask the
operator for the InterDigital Business Update Call. The call will also be
webcast live and archived for 30 days on the company`s website,
www.interdigital.com. In addition, a telephone replay will be available from
5:00 p.m. ET August 17 to 5:00 p.m. ET August 22. To access the recorded replay,
call (888) 203-1112 or (719) 457-0820 and use the replay code 9594462 

About InterDigital

InterDigital 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. 

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com

This press release contains forward-looking statements regarding current
beliefs, plans, and expectations as to the company`s third quarter 2009
recurring and non-recurring revenue. Words such as "expects," "may,"
"potential," or similar expressions are intended to identify such
forward-looking statements. 

Forward-looking statements are subject to risks and uncertainties. Actual
outcomes could differ materially from those expressed in or anticipated by such
forward-looking statements due to a variety of factors, including, but not
limited to: (i) additional patent license or technology solutions agreements, or
amendments to existing patent license or technology solutions agreements; (ii)
the accuracy of market sales projections of the company`s licensees and timely
receipt and final reviews of quarterly royalty reports from the company`s
licensees and related matters; and (iii) amounts of royalties payable following
routine audits, if any, and the timely receipt of such amounts during third
quarter 2009. 





InterDigital, Inc.
Media Contact:
Jack Indekeu, +1 610-878-7800
jack.indekeu@interdigital.com
or
Investor Contact:
Janet Point, +1 610-878-7800
janet.point@interdigital.com


Copyright Business Wire 2009

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