WILMINGTON, Del., June 07, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that its patent holding subsidiaries have renewed their worldwide, non-exclusive, royalty-bearing patent license agreement with Panasonic Mobile Communications Co., Ltd. (“PMC”), covering 4G technologies, including LTE and LTE-Advanced.

“Renewing this agreement with PMC confirms that reasonable parties can find agreement on mutually beneficial patent licenses through good faith negotiations. PMC is a long-standing InterDigital licensee and this renewal will ensure PMC continues to have access to our wireless technologies,” said Lawrence F. Shay, President of InterDigital’s patent holding subsidiaries.  

About InterDigital ^®

InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400^® index.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
Patrick Van de Wille
Email: patrick.vandewille@interdigital.com 
+1 (858) 210-4814