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PCTEL Settles Lawsuit With Townshend: PCTEL's High-Speed Modems Now Licensed

PCTEL Settles Lawsuit With Townshend: PCTEL's High-Speed Modems Now Licensed

March 25, 2002
PCTEL Settles Lawsuit With Townshend: PCTEL's High-Speed Modems Now Licensed MILPITAS, Calif., March 25 /PRNewswire-FirstCall/ -- PCTEL, Inc. (Nasdaq: PCTI), a leading provider of personal connectivity and Internet access technology, today announced that it had reached an agreement with Dr. Brent Townshend regarding his V.90 patents. The settlement covers any past liability and licenses PCTEL to ship its V.90 HSP and DSP-based modems. While the details of the license were not disclosed, PCTEL paid Dr. Townshend $14.3 million for the license. The V.90 standard pertains to 56 kbps analog modems.

"We are pleased to have this matter behind us," said Marty Singer, PCTEL's Chairman and CEO. "This agreement enhances our patent portfolio and the settlement permits management to now focus on its operations and future."

"It is satisfying to have another significant industry participant take a license under my V.90 patents," commented Dr. Townshend. "I wish Marty and his team great success in proliferating the V.90 standard," he added.

Dr. Brent Townshend is an independent inventor who holds patents that are essential to the ITU (International Telecommunications Union) recommendations that cover high-speed (56 kbps) analog modems. Dr. Townshend is also the CEO of Ordinate Corp, a Menlo Park, CA speech recognition company.

ITU is a world-wide organization which brings governments and industry together to coordinate the establishment and operation of global telecommunication networks and services; it is responsible for standardization, coordination and development of international telecommunications including radio communications, as well as the harmonization of national policies.

ABOUT PCTEL

PCTEL, founded in March 1994, is a leading provider of innovative, cost-effective Internet access solutions, including analog soft modems, and embedded DSP-based modems. The company is built upon a wide-ranging and comprehensive portfolio of more than 80 analog and broadband communications patents, issued or pending, including the key and essential patents for Host Signal Processing (HSP) modem technology. PCTEL products are available to PC and data communications equipment manufacturers. For more information, please visit our web site at: http://www.pctel.com.