InterDigital to Explore Business Relationships with Emerging Companies in Conjunction with EvoNexus

SAN DIEGO, Calif., April 17, 2017 /PRNewswire/ -- EvoNexus, the leading tech startup incubator in Southern California, is partnering with InterDigital, Inc. (NASDAQ:IDCC) to invite early stage companies and innovators to present their technologies to InterDigital executives through the EvoNexus MarketLink program. The goal: give incubator-stage innovators a chance to secure investment or other opportunities from one of the world's leading mobile research and development companies. Among InterDigital's primary technology interest areas include augmented, mixed and virtual reality, artificial intelligence, Internet of Things, 5G, and advanced handheld display technologies.

InterDigital designs and develops advanced technologies that enable and enhance mobile communications and capabilities. For over four decades, InterDigital has been a pioneer in mobile technology and a key contributor to global wireless standards. The company is active in funding technology before and beyond the seed stage. InterDigital's Innovation Partners program provides financing for companies, research institutes and even individuals engaged in leading-edge research in a variety of areas. The company also has an active M&A program, and makes targeted investment in venture-round companies.

Local and non-local emerging companies are requested to submit an online application by April 24, 2017, for the opportunity to engage with the InterDigital team. Following the application approval process, EvoNexus plans to host the selected companies on May 16-18, 2017 at its headquarters in San Diego, Calif., for a private networking reception and series of hour-long one-on-one private meetings for selected companies. InterDigital executives expected to participate in the MarketLink event include, among others: B.K. Yi, CTO and Scott McQuilkin, Senior Executive VP, Innovation, as well as other senior executives from the company's InterDigital Labs team.

Now in its 12th year, the EvoNexus MarketLink program connects tech industry leaders with emerging technology companies. The program has brought dozens of tech industry giants to San Diego, such as LG, Samsung, Sony, Huawei, and many more. Emerging companies from the region and from afar have gained the opportunity to meet privately with decision-makers within these large corporations.

The event is free to the applicant. Companies can view InterDigital's interest areas and apply at evonexus.org/interdigital, or contact the EvoNexus MarketLink program manager, Beth Henneberg, 619-889-7792 or beth@evonexus.org.

About EvoNexus
EvoNexus is the leading tech startup incubator in Southern California. Under its non-profit, pro-bono model, EvoNexus startups receive mentorship, access to capital and space in a collaborative working environment, without giving up equity or fees. EvoNexus is supported by corporate investors, including some of the largest multinational corporations in the world. Its startups enjoy Class A office and dry lab space provided by Irvine Company, California's leading real estate developer.

About InterDigital®
InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.

InterDigital is a registered trademark of InterDigital, Inc.

EvoNexus Contact:
Beth Henneberg, 619-889-7792, beth@evonexus.org

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SOURCE EvoNexus