InterDigital Strengthens Senior Executive Team With Addition Of Wireless Veteran Allen Proithis

InterDigital, Inc. (NASDAQ: IDCC) today announced the strengthening of its senior executive team with the addition of Allen Proithis as Vice President, Business Development and Strategic Solutions. In his role, Mr. Proithis will hold responsibility for establishing and developing strategic business relationships and identifying potential new business opportunities.

Prior to joining InterDigital, Mr. Proithis was Senior Director – Strategy & Business Development in the Consumer Devices division at TE Connectivity Ltd., a global designer and manufacturer of products that connect and protect the flow of power and data inside products. In that role, he led a global team dedicated to strategy, M&A and strategic marketing for the mobile, consumer electronics and PC industries.

Before joining TE, Mr. Proithis spent almost seven years at Hewlett-Packard, most recently as Head of Strategy & Business Development for the Handheld business unit. In this function, he drove all strategic initiatives for devices, software and services, including the launch of HP’s first mobile app store. Mr. Proithis had previously been the Director of Business Development in HP’s Personal Systems Group, where he built a partnership program with major telecommunications companies.

His career also includes executive roles at HB Associates, an executive search and management consulting firm, Computer Sciences Corporation, Convergys and Electronic Data Systems. Mr. Proithis holds a bachelor’s degree in telecommunications from the Pennsylvania State University.

“The pace of change in the mobile industry continues to accelerate, and InterDigital’s pioneering research in a wide range of connectivity technologies requires us to think broadly as a company about the partnerships, opportunities, research areas and other business parameters that can support growth. The addition of Allen strengthens our ability to understand, initiate and capitalize on opportunities,” said William J. Merritt, President and Chief Executive Officer of InterDigital ^®.

About InterDigital

InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies.

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