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Unwired Planet Appoints Phil Vachon As Chairman Of The Board

Stocks in this article: UPIP

Unwired Planet, (Nasdaq: UPIP), today announced that Philip A. Vachon was appointed chairman of the company’s board of directors and chairman of the company’s Intellectual Property Committee. Mr. Vachon replaces Peter Feld, who will continue to serve on the board of directors.

“We would like to thank Peter for his tremendous work and dedication to Unwired Planet over the past 2 years,” said Eric Vetter, president and chief administrative officer of Unwired Planet. “Peter’s leadership and investor perspective has driven the company as it has transitioned from a software business to the premier mobile licensing company it is today. We are very appreciative of the leadership Peter has provided during our transition and excited that he will continue to be an active member of our Board of Directors.”

Peter Feld, Unwired Planet’s past chairman, noted that “Phil Vachon has been very involved with Unwired Planet since his appointment to the board earlier this year. With his strong Intellectual Property experience and leadership skills, he is a great choice to now lead our transformed board.”

Simultaneously, the company today announced that Greg Landis was appointed to the company’s board of directors, replacing Robin Abrams who resigned from the board of directors, effective July 26, 2013. Mr. Landis is the Senior Vice President and General Counsel for TerraPower.

“Greg’s background in telecommunications and intellectual property law makes him eminently qualified to join the company’s board and provide strategic direction for the company,” said Peter Feld, former chairman of the board. “His extensive experience in mobility will complement the strategy of the company and his intellectual property experience will be instrumental to both the board and the company.”

In addition to Mr. Vachon, the Intellectual Property Committee includes Bill Marino and Greg Landis. The committee is charged with giving support and oversight to Unwired Planet’s management team in driving shareholder value and will serve the function of the previously announced Executive Committee. Mr. Feld observed: “Our board has evolved over the last nine months as we have focused on attracting individuals with deep expertise in mobile and wireless technology and intellectual property licensing. These moves complete our board and management transformation and we are confident in the ability of the team to deliver on the company’s strategy.”

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