InterDigital Announces Third Quarter 2006 Financial Results

                       CONDENSED BALANCE SHEET
----------------------------------------------------------------------
                        (Dollars in thousands)
                             (unaudited)

                                  September 30, 2006 December 31, 2005
                                  ------------------ -----------------
Assets
----------------------------------
Cash & short-term investments              $304,176          $105,708
Accounts receivable                         110,579            19,534
Current deferred tax assets                  26,690            42,103
Other current assets                         22,742             8,370
Property & equipment and Patents
 (net)                                       81,953            70,176
Long-term deferred tax assets and
 non-current assets                          42,257            53,646
                                  ------------------ -----------------
TOTAL ASSETS                               $588,397          $299,537
                                  ================== =================

Liabilities and Shareholders'
 Equity
----------------------------------
Current portion of long-term debt              $370              $350
Accounts payable & accrued
 liabilities                                 48,433            30,129
Current deferred revenue                     88,059            20,055
Long-term deferred revenue                  156,097            71,193
Long-term debt & long-term
 liabilities                                  5,808             3,496
                                  ------------------ -----------------
TOTAL LIABILITIES                           298,767           125,223

SHAREHOLDERS' EQUITY                        289,630           174,314
                                  ------------------ -----------------

TOTAL LIABILITIES & SHAREHOLDERS'
 EQUITY                                    $588,397          $299,537
                                  ================== =================

The company's short-term investments are comprised of high quality
 credit instruments including U.S. Government agency instruments and
 corporate bonds. Management views these instruments to be near
 equivalents to cash and believes that investors may share this
 viewpoint.

This release includes a summary cash flow statement that results in
 the change in both the company's cash and short-term investment
 balances. One of the subtotals in the summary cash flow statement is
 free cash flow. The table below presents a reconciliation of this
 non-GAAP line item to net cash provided by operating activities.

                                   For the Three      For the Nine
                                    Months Ended       Months Ended
                                    September 30,      September 30,
                                  ----------------- ------------------
                                   2006     2005      2006     2005
                                  -------- -------- --------- --------

Net cash provided by operating
 activities                       $12,621  $17,584  $315,841  $37,633
Purchases of property and
 equipment                         (2,845)    (995)   (7,329)  (4,006)
Patent additions                   (4,081)  (3,936)  (14,053) (12,543)
Unrealized (loss) gain on short
 term investments                     118     (219)       95      (49)
                                  -------- -------- --------- --------
Free cash flow                     $5,813  $12,434  $294,554  $21,035
                                                                   ========  ========  =========  ========
 


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