-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UgQrh2+Fyb2jcHvZVuFCtWnrqJ1PSVI5am8Q2l0fDrL8JX1QwY+4+YOX7W5X513e vMLm/VkgdlP6EsLL4QipNQ== 0001157523-04-005393.txt : 20040603 0001157523-04-005393.hdr.sgml : 20040603 20040603124229 ACCESSION NUMBER: 0001157523-04-005393 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040603 ITEM INFORMATION: Other events FILED AS OF DATE: 20040603 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERDIGITAL COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000354913 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 231882087 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11152 FILM NUMBER: 04846409 BUSINESS ADDRESS: STREET 1: 781 THIRD AVE CITY: KING OF PRUSSIA STATE: PA ZIP: 19406-1409 BUSINESS PHONE: 6102787800 MAIL ADDRESS: STREET 1: 781 THIRD AVE STREET 2: 2200 RENAISANCE BLVD STE 105 CITY: KING OF PRUSSIA STATE: PA ZIP: 19406-1409 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL MOBILE MACHINES CORP DATE OF NAME CHANGE: 19920703 8-K 1 a4654598.txt INTERDIGITAL 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------- 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): June 3, 2004 -------------- InterDigital Communications Corporation (Exact name of registrant as specified in its charter) Pennsylvania 1-11152 23-1882087 (State or other jurisdiction of (Commission File Number) (IRS Employer incorporation) Identification No.) 781 Third Avenue, King of Prussia, PA 19406-1409 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: 610-878-7800 ================================================================================ Item 5. Other Events and Required FD Disclosure. InterDigital Communications Corporation has issued a press release today announcing that its patent holding subsidiaries have entered into a worldwide, non-exclusive, royalty-bearing patent license agreement with SANYO Electric Co., Ltd, covering terminal units and infrastructure compliant with all 2G and 3G standards. A copy of the press release is attached hereto as Exhibit 99.1. Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. INTERDIGITAL COMMUNICATIONS CORPORATION By: /s/ R. J. Fagan --------------------------------------- Richard J. Fagan Chief Financial Officer Dated: June 3, 2004 EXHIBIT INDEX Exhibit No. Description - ---------- ----------- 99.1 Press release dated June 3, 2004 EX-99.1 2 a4654598ex99.txt EXHIBIT 99.1 PRESS RELEASE Exhibit 99.1 InterDigital Announces New Patent License Agreement with SANYO Electric Co., Ltd; Agreement Covers all 2G and 3G Standards, Including cdma2000 KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--June 3, 2004--InterDigital Communications Corporation (NASDAQ:IDCC), a leading architect, designer and provider of wireless technology and product platforms announced today that its patent holding subsidiaries have entered into a worldwide, non-exclusive, royalty-bearing patent license agreement with SANYO Electric Co., Ltd, covering terminal units and infrastructure compliant with all 2G and 3G standards. The new license agreement updates and expands a 1998 agreement between SANYO and InterDigital Technology Corporation covering products compliant with TDMA-based standards. Under the new agreement, SANYO is obligated to pay InterDigital an upfront amount of approximately $27 million, which amount can be paid in full early in the third quarter 2004 or in two installments ($17.5 million in third quarter 2004 and $10 million in first quarter 2005). Given the complexity of accounting for revenue associated with an agreement utilizing running royalties, time-based royalties and exhaustion of pre-paid units, the Company and its auditors have not finalized the manner in which revenue will be recognized for payments to be received under this agreement. The Company will provide appropriate guidance in a future SEC filing once the revenue recognition evaluation is complete. About InterDigital InterDigital architects, designs and provides advanced wireless technologies and products that drive voice and data communications. The Company 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. About SANYO Electric Co., Ltd. SANYO Electric Co., Ltd. was incorporated in 1950, and is a global leader in multimedia & mobile communications today. SANYO's products and services that offer complete customer satisfaction; concern for the environment these are the ideals that inspire the SANYO Electric Group. SANYO's business covers a broad range of AV/information and communications equipment including mobile phones (PDC, PHS, CDMA), home appliances, industrial and commercial equipment, electronic devices, batteries, housing and other products. SANYO is the world's largest manufacturer of digital cameras and rechargeable batteries, also the world's second largest manufacture of LCD projectors. 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 -----END PRIVACY-ENHANCED MESSAGE-----