Trading Symbol for InterDigital, Inc. to Revert to IDCC
August 02 2007 - 3:33PM
Business Wire
InterDigital, Inc. (NASDAQ:IDCCD) today announced that the
company�s trading symbol will revert to �IDCC� effective Monday,
August 6, 2007 at market open. On July 2, 2007, InterDigital
Communications Corporation filed a Form 8-K announcing an internal
corporate restructuring, which resulted in InterDigital, Inc. being
substituted as the publicly-traded company. To indicate this
substitution event, NASDAQ implemented a 20-trading day transition
period commencing July 9, 2007, temporarily changing the company�s
trading symbol from �IDCC� to �IDCCD.� Beginning at market open on
August 6, 2007, InterDigital, Inc.�s common stock will again be
traded on the NASDAQ Global Select Market under the ticker symbol
�IDCC.� As was announced by the company on July 2, 2007, all
outstanding shares of InterDigital Communications Corporation
common stock have been converted automatically into shares of
InterDigital, Inc. on a share-for-share basis. Stock certificates
formerly representing shares of InterDigital Communications
Corporation (as well as its predecessor company, International
Mobile Machines Corporation) represent the same number of shares of
common stock in InterDigital, Inc. Shareholders do not need to
exchange their share certificates. 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.
Additionally, InterDigital offers baseband product solutions and
protocol software for 3G multimode terminals and converged devices.
InterDigital's differentiated technology and product solutions
deliver time-to-market, performance and cost benefits. For more
information, please visit InterDigital's web site:
www.interdigital.com. InterDigital is a registered trademark of
InterDigital, Inc.
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