Option and InterDigital sign software services agreement
Leuven, Belgium - December 20 2010 - Option (Euronext: OPTI, OTC: OPNVY), the wireless technology company, today announced that it has signed a commercial agreement for the delivery of software and development services with InterDigital Communications, LLC, a subsidiary of InterDigital, Inc., a U.S.-based leading developer of wireless technologies that are at the core of wireless devices, networks and services.
Under the terms of the agreement, the companies agreed that Option will provide software and development services to InterDigital in connection with Option's uCAN® Connect software platform. The companies further agreed that Option will support InterDigital's integration of the uCAN Connect software into specific development projects. InterDigital will pay Option a minimum of USD 1.5 million.
This commercial agreement is a clear win-win for both parties as InterDigital gets access to certain parts of Option's innovative software portfolio and expert services while Option further commercially develops one of its strategic pillars, 'Software & Services'. The collaboration should also lead to further innovations of wireless broadband technologies offering benefits to the customers of both companies.
Jan Poté, PR & Media Relations
Tel +32 (0)475 92 55 82, E-mail: email@example.com
Option, the wireless technology company, is a leading innovator in the design, development and manufacture of 3G HSUPA, HSDPA, UMTS, EDGE, and WLAN technology products for wireless connectivity solutions. Option has built up an enviable reputation for creating exciting products that enhance the performance and functionality of wireless communications. Option's headquarters are in Belgium (Leuven). The company has Research & Development in Belgium (Leuven) and Germany (Augsburg), and an ISO 9001 production engineering and logistics facility in Ireland (Cork). Option also has offices in Europe, US, Greater China, Japan and Australia. For more information please visit our website www.option.com.
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