This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Mario Obeidat - Pendrell Corporation (Photo: Pendrell Corporation)

Pendrell Corporation (NASDAQ: PCO) (“Pendrell” or “the Company”) announced today that Mario Obeidat has been appointed vice president of licensing for Pendrell Technologies. Mr. Obeidat was most recently the head of telecommunications licensing at Intellectual Ventures, and prior to that, he served as chief licensing strategist for InterDigital.

Mario Obeidat - Pendrell Corporation (Photo: Pendrell Corporation)

Mario Obeidat - Pendrell Corporation (Photo: Pendrell Corporation)

“Mario is an outstanding addition to the Pendrell licensing team,” commented Ben Wolff, chief executive officer of Pendrell. “He has a proven track record, having led some of the most significant patent licensing transactions in recent years. Mario joins us at a time that our portfolio has grown to more than 1,500 patents covering digital rights management technologies invented by ContentGuard, 3G and 4G wireless, Bluetooth, Wi-Fi, mobile operating systems, e-commerce, security and other technologies. He will play a key role in accelerating and expanding our licensing programs.”

“Pendrell is uniquely positioned as a fully integrated IP investment and advisory firm,” adds Mr. Obeidat. “I think Pendrell’s approach to partnering with innovative technology and media companies to develop, commercialize and enhance the value of IP by making it available on fair, reasonable and predictable terms is a winning formula. I am enthusiastic about joining the Pendrell team to pursue the myriad of opportunities that are available in the rapidly evolving IP industry.”

Mr. Obeidat holds a bachelors degree from Temple University and a master’s degree in electrical engineering and telecommunications from Villanova University. He will be based in the Company’s Kirkland, Washington office.

About Pendrell Corporation

Pendrell Corporation, through its subsidiary, Pendrell Technologies, is a fully-integrated intellectual property (IP) investment and advisory services firm. Pendrell Technologies develops and implements strategies to acquire, commercialize, and license IP. Pendrell is headquartered in Kirkland, Washington, with offices in Berkeley, Los Angeles and Washington, DC. For more information, visit www.pendrell.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50231944&lang=en



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs