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High expectations for InterDigital Communications.

Publication: M2 Presswire
Publication Date: 30-APR-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 April 2004-Emerging Stock Report: High expectations for InterDigital Communications(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:04302004

InterDigital Communications Corporation (Nasdaq:IDCC), a leading architect, designer and provider of wireless technology and product platforms, today announced that it expects to report financial results for its first quarter 2004 that exceed financial analysts' expectations due to higher than anticipated royalty revenue from NEC Corporation of Japan (NEC) and continued solid performance from other major licensees. A portion of NEC's royalties relate to 3G handset shipments that were delayed from calendar fourth quarter 2003 to calendar first quarter 2004 upon NEC's resolution of software and interoperability issues. Based upon certain preliminary and final royalty reports received to date from all principal licensees and Company estimates, the Company expects to report revenue...

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