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InterDigital Executives Review Key Accomplishments and Strategic Objectives at 2009 Annual Shareholders Meeting

Posted by Dana in June 9th 2009

InterDigital, Inc. (NASDAQ:IDCC) held its annual meeting of shareholders in King of Prussia, Pennsylvania. At the meeting, shareholders approved the reelection of William Merritt as a member of the Board of Directors for a three-year term expiring at the 2012 Annual Meeting of Shareholders. Mr. Merritt, InterDigital’s President and Chief Executive Officer, has been a director of InterDigital since May 2005. In addition, InterDigital shareholders also supported the adoption and approval of the company’s 2009 Stock Incentive Plan.

Mr. Merritt reviewed InterDigital’s accomplishments and strategy to continue to build shareholder value, noting, “In fiscal 2008 and through 2009 InterDigital demonstrated that visionary technology development could drive significant value for the company and for shareholders. Our recent decision to intensify and broaden those efforts to a full range of wireless connectivity solutions will leverage that success and, we expect, sow the seeds for an even stronger market presence going forward.”

InterDigital shareholders also ratified the selection of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the year ending December 31, 2009.