Intel Purchases Powerwave Patent Portfolio

Intel Corporation announced that it has signed a definitive agreement to buy over 1,400 patents and patent applications from an affiliate of The Gores Group*, which obtained the patents in the Chapter 11 bankruptcy of Powerwave Technologies. Powerwave was a pioneer in telecommunications infrastructure products, including antennas and base stations. The patents relate to, among other things, telecommunications infrastructure technologies, including tower mounted amplifiers, antenna structures, power amplifier configurations, crest factor reduction and digital pre-distortion circuitry.

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Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com, and about Intel’s conflict-free efforts at conflictfree.intel.com.

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Intel CorporationChuck Mulloy, [e-mail]