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Hop-On enters royalty agreement with InterDigital
December 18, 2002
Hop-On, a developer of disposable and fully recyclable cell phones,
announced that its subsidiary, Hop-On Wireless, and InterDigital
Technology Corporation (ITC), a subsidiary of InterDigital Communications
Corporation, have entered into a royalty-bearing license agreement
covering Hop-On's manufacture and sale of wireless communications
products compliant with TDMA 2G and multiple 3G standards.
Under the agreement, ITC has granted Hop-On a worldwide, non-exclusive
license under InterDigital's patents to develop, manufacture and
sell wireless devices built to Second Generation TDMA standards,
including IS-54/136, GSM, GPRS, EDGE and others; and all 3G standards,
including FDD and TDD for WCDMA, TD-SCDMA, and CDMA2000. Under the
terms of the agreement, ITC will receive a royalty on each licensed
product sold by Hop-On.
"This agreement reflects our ongoing success in licensing manufacturers
worldwide that are producing to the primary 2G and 3G wireless standards,"
stated William J. Merritt, President of ITC. "It further validates
InterDigital's position as a recognized developer and contributor
of essential technology while also demonstrating the positive impact
of our recent acquisition of exclusive patent licensing rights from
Tantivy Communications, particularly as it relates to CDMA2000."
Peter Michaels, Chairman and CEO of Hop-On, commented, "This agreement
significantly expands our access to critical intellectual property
and will enable us to move forward in our production of additional
low-priced handset models. Our first priority will be to address
the needs of the international markets where GSM is the dominant
protocol."
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3G Motorola A920
