With excellent educational, health and social amenities,
the Isle of Man provides a unique quality of life, which is
appreciated and treasured by all its residents both old and new. Tax expense decreased in first quarter 2005
compared to first quarter 2004 due to a lower level of royalty revenue
subject to non-U.0 million to acquire complementary patents
and related assets. One of the subtotals in the summary cash flow statement is
cash flow before financing activity and asset acquisition.

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com

About the Isle of Man

Located off the coast of the United Kingdom and situated in the
center of the British Isles, the Isle of Man is recognized worldwide
for its pro-business environment.

InterDigital Announces First Quarter 2005 Financial Results; Revenue up 8% over Comparable Period of 2004

"

About InterDigital

InterDigital architects, designs and provides advanced wireless
technologies and products that drive voice and data communications. Government agency instruments and
corporate bonds.

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We continued to see the
beneficial effect of a larger licensee and customer base, as a decline
in the royalties from NEC was offset by both increased royalties from
other licensees, including Sharp, and revenues associated with our
strong performance under our contract with General Dynamics.5G, 3G and
802 standards, which it licenses worldwide.com.

This press release contains forward-looking statements regarding
our current beliefs, plans, and expectations as to management's focus;
second quarter 2005 revenue including revenues from patent licensing
royalties and from the General Dynamics agreement; second quarter 2005
operating expenses and book tax rate and foreign source withholding
tax expense for first quarter 2005.

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Establishing our global
headquarters in the Isle of Man was a turning point for IncaGold and
we are very excited about our upcoming AIM floatation and our future
growth plans."

About IncaGold

IncaGold plc is a worldwide leader in mass-market,
impulse-purchase priced entertainment software.10 per share (diluted) in first quarter 2004.
InterDigital is a registered trademark of InterDigital Communications
Corporation.

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gov.5
million or 8% over first quarter 2004 revenue of $33.8 million,
or $0.

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To assist in this process,
and making the option even more attractive, the Isle of Man Government
offer generous packages of up to 40% designed to help offset the cost
of moving, setting up operations, and acquiring new office equipment.9 million of expense related to the long-term
compensation program. Subject to the level of expenses associated with
current arbitrations and litigations, we expect second quarter ongoing
operating expense levels to be similar to first quarter 2005. For more information,
please visit InterDigital's web site: www.

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withholding tax.1 million to repurchase 1.

extraordinaire halsall

Isle of Man-Based IncaGold plc to Go Public on AIM; Gaming Company Leads Mass -Market Entertainment Software Distribution Market

Founded in 1996, the
Company has licensed or published products in 75 countries through a
variety of channels. Headquartered in the Isle of Man , IncaGold also
operates an office in Switzerland.9
million, or $0.7 million of revenue
related to a software license agreement with General Dynamics that was
offset in part by a $1.5 million shares
in connection with the completion of a two million share repurchase
program. Forward-looking statements are
subject to risks and uncertainties, and actual outcomes could differ
materially from those expressed in any such forward-looking statement
due to a variety of factors in addition to those identified in this
press release including, but not limited to: (i) unanticipated changes
in the schedule or costs associated with the Nokia and Samsung
arbitrations or Lucent litigation; (ii) delays in concluding
additional license agreements; (iii) changes in the market share and
sales performance of our primary licensees, delays in product
shipments of our licensees, inaccuracy of market projections; (iv) the
market relevance of our technologies, changes in technology
preferences of strategic partners or consumers, the availability or
development of substitute or competitive technologies , our ability to
leverage our existing and enter into additional strategic
relationships; (v) further changes or adjustments to accruals and
expenses and verifications of percentage-of-completion on deliverables
under the General Dynamics contract; and (vi) other factors listed in
the Company 's most recently filed Forms 10-K and Form 10-Q.

SUMMARY CONSOLIDATED STATEMENT OF OPERATIONS
--------------------------------------------
For the Periods Ended March 31
(Dollars in thousands except per share data)
(unaudited)

For the Three Months Ended
March 31,
--------------------------
2005 2004
--------------------------
REVENUES $ 35,497 $ 33,016
------------ -------------

OPERATING EXPENSES:

Sales and marketing 2,280 1,614
General and administrative 6,566 5,390
Patents administration and licensing 11,247 5,000
Development 16,173 12,914
------------ -------------
36,266 24,918
------------ -------------

(Loss) income from operations (769) 8,098

NET INTEREST + OTHER FINANCING INCOME 790 428
------------ -------------

Income before income taxes 21 8,526

INCOME TAX PROVISION (903) (2,692)
-- ---------- -------------

Net (loss) income (882) 5,834

PREFERRED STOCK DIVIDENDS - (34)
------------ -------------

NET (LOSS) INCOME APPLICABLE TO COMMON
SHAREHOLDERS $ (882) $ 5,800
============ =============

NET (LOSS) INCOME PER COMMON SHARE - BASIC $ (0.S.

Nennius.

procopius halsall

10
============ =============

WEIGHTED AVERAGE NUMBER OF COMMON SHARES
OUTSTANDING - DILUTED 55,053 59 ,745
============ =============

SUMMARY CASH FLOW
-----------------
(Dollars in thousands)
(unaudited)

For the Three Months Ended
March 31,
--------------------------
2005 2004
--------------------------

Net (loss) income before pref.

The Medieval period (or Middle Ages) was an era of European history that extended, roughly, for a 1000 years from the fall of the Western Roman Empire (5th century AD) to the fall of the Eastern Roman (or Byzantine) Empire (15th century AD ).

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incagold. In addition, InterDigital's cash and short-term investment
position remained strong , ending first quarter 2005 at $126.5
million set a new high for the corporation.0 million. Recurring patent license royalties for first quarter 2005 were
$30. The
lower level of recurring royalties in first quarter 2005 was primarily
a function of two items: first, royalties from NEC in first quarter
2004 were inflated due to a catch-up in 3G handset shipments that had
been delayed from the previous quarter; and, second, the late receipt
of a royalty report after March 31, 2005 of approximately $1. Further, in early second quarter 2005, the company
expended an additional $25.11
============ =============

WEIGHTED AVERAGE NUMBER OF COMMON SHARES
OUTSTANDING - BASIC 55,053 55,146
============ =============

NET (LOSS) INCOME PER COMMON SHARE -
DILUTED $ (0. Management views these instruments to be near
equivalents to cash and believes that investors may share this
viewpoint.

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Holmes, chief
executive officer of IncaGold. The Isle of Man Government supports
companies with a team of experts who advise on international tax,
legal and banking issues.02 per share for its first quarter ended March 31,
2005.5 million increased $2.

2005 Outlook

Rich Fagan, Chief Financial Officer, commented, "We expect to
provide updated guidance on second quarter 2005 revenue shortly, after
we receive and review the majority of our per-unit royalty reports. This release includes a summary of cash flow statement that
results in the change in both our cash and short-term investment
balances.

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Our recurring patent licensing and technology revenues of $35.1
million. First quarter
2005, the first period to reflect the effect of the overlap, included
approximately $3. stock
dividends $ (882) $ 5,834
Depreciation + amortization 2,669 2,474
Increase in deferred revenue 27,906 22,784
Deferred revenue recognized (15,907) (12,709)
(Increase) decrease in operating working
capital, deferred charges and other 2,660 (2,290)
Capital spending + patent additions (5,897) (3,096)
------- ----- -------------
CASH FLOW BEFORE FINANCING ACTIVITIES AND
ASSET ACQUISITION 10,549 12,997

Asset acquisition (8,050 ) -
Debt decrease + preferred dividends (80) (50)
Repurchase of Common Stock (9,028) -
Net stock issued 1,287 6,492
------------ ------- ------
NET (DECREASE) INCREASE IN CASH AND
SHORT-TERM INVESTMENTS $ (5,322) $ 19,439
============ =============

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

March 31, 2005 December 31, 2004
-------------- -----------------
Assets
------
Cash + short-term investments $ 126,496 $ 131,818
Accounts receivable 9,868 11,612
Other current assets 13,451 13,187
Property + equipment and Patents(net) 63,331 51,688
Long-term deferred tax assets and
other non-current assets 32,173 33,615
-------------- -----------------
TOTAL ASSETS $ 245,319 $ 241,920
============== =================

Liabilities and Shareholders' Equity
------------------------------------
Current portion of long-term debt $ 332 $ 212
Accounts payable + accrued
liabilities 20,904 21,546
Current deferred revenue 25,908 28,075
Long-term deferred revenue 85,287 71,121
Long-term debt + long-term
liabilities 3,317 5,307
-------------- -----------------
TOTAL LIABILITIES 135,748 126,261

SHAREHOLDERS' EQUITY 109,571 115,659
-------------- -----------------

TOTAL LIABILITIES + SHAREHOLDERS'
EQUITY $ 245,319 $ 241,920
============== =================

The company's short-term investments are comprised of high quality
credit instruments including U.

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5 million after the float.S.02) $ 0.

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"Government policies in the Isle of Man
have created an enabling environment where innovation is encouraged
and organizational growth can be achieved.
Based on a preliminary report received from NEC, we anticipate that
its royalties will improve 15% to 18% over first quarter 2005 levels .02) $ 0.

Although a Eurocentric definition, this category includes sites devoted to any world cultures and events that fall within this period.

542 medieval

Business Editors/Technology Writers

KING OF PRUSSIA, Pa.
Operating expenses of $36. The long-term compensation program is
structured with overlapping cycles starting in 2005. We currently estimate that revenue associated with the work for
General Dynamics may exceed that of first quarter 2005 as activity
levels remain high. We
undertake no duty to publicly update any forward-looking statements,
whether as a result of new information , future events or otherwise.

mongols halsall

The company will raise
approximately $2 million of new money net of expenses and will have a
market capitalisation of roughly $9. For more information visit
www. The Government's political stability and
vibrant business economy, as demonstrated with AAA ratings from
Standard + Poor's and Moody's, make it a perfect location for North
American companies looking to establish a European headquarters.gov.(1)
The company reported a net loss of $0. We also
project that our book tax rate for second quarter will approximate 34%
to 38%, plus an amount for deferred foreign source withholding tax
expense, which is, in part, dependent on the level of per-unit
royalties .

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"Although computer games have been very much a part of consumer
culture for two decades now, they have yet to become truly
mass-market," comments Peter Hofschroer, chief operations officer of
IncaGold plc.9 million, or $0.0 million in connection with the repurchase of 500,000 shares of
the company's stock and $8.

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The company publishes these world-wide through
retail, online and premium sales channels. Many companies are now establishing operations there to
access the UK and European Union markets.
"The Isle of Man has proven to be the ideal location to raise
capital and build our company," said Richard M. Key contributors to first quarter revenue included
NEC (32%), Sharp (27%), General Dynamics (13%) and Sony Ericsson
(12%).02 per
share, for first quarter 2005, compared to net income of $5.

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"
The Isle of Man's pro-business and responsive government policies
have made it home to a flourishing interactive entertainment and film
industry. For
additional information on the Isle of Man visit http://www.5 million.
William Merritt, President and Chief Executive Officer , stated, "I
am pleased with the company's performance during first quarter 2005. As we
move through the year, my focus as CEO will be to grow revenues
through the addition of new patent and technology licensees, and to
scrutinize our cost structure and investment decisions, making changes
as appropriate to enhance the financial performance of the company. This
increase was driven by the recognition of $4.5 million of free cash flow.
The company offers technology and product solutions for mainstream
wireless applications that deliver time-to-market, performance, and
cost benefits, as well as product differentiation advantages, to its
commercial and government/military customers. InterDigital has a
strong portfolio of patented technologies covering 2G, 2.

(1) In third quarter 2004 , the company transitioned to reporting
per-unit royalties in the quarter in which reports are received
rather than the quarter in which licensee's underlying sales
occur.

_______________________________________________________
'I have made a heap of all that I could find'.

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6 million decrease in recurring patent license
royalty revenue.8 million compared to $32. Under the company's revenue recognition policy , revenue
associated with per-unit royalties is recognized in the quarter in
which the report is received.

(2) InterDigital defines "free cash flow" as operating cash flow less
purchases of property and equipment and investments in patents.

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Business Editors/High-Tech Editors
E3Expo 2005

DOUGLAS, Isle of Man + LOS ANGELES----IncaGold, a world-wide leader in mass-market, impulse -purchase
priced entertainment software, will join the Alternative Investment
Market (AIM) in London on 24th May 2005.
IncaGold has a product catalogue containing over 140 PC CD-ROM and
850 mobile phone titles created by independent games developers from
around the world. "With the technology convergence that is currently
occurring, IncaGold is ideally positioned to take advantage of the
massive growth potential such opportunities are opening."

First Quarter Summary

First quarter 2005 revenues of $35.4 million in first quarter 2004.3 million in first quarter 2005
increased 16% over fourth quarter 2004 and 46% over first quarter
2004. The increase in operating expenses over first quarter 2004 was
driven largely by legal fees associated with outstanding arbitrations
and litigations as well as personnel costs related to a company-wide
long-term compensation program implemented in second quarter 2004 that
substantially replaced the widespread use of stock options as an
incentive and retention tool.
In addition, we will benefit from the recognition of approximately
$1.

eyewitnesses 542

The
Island's colorful heritage, diverse scenic beauty, enhanced by many
annual cultural events, hotel, conference and leisure facilities
provides the basis for its flourishing technology , tourist and film
industries.5 million and a net loss of $0.

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----InterDigital
Communications Corporation (Nasdaq:IDCC), a leading architect,
designer and provider of wireless technology and product platforms ,
today announced revenues of $35. Management
has presented a reconciliation of this non-GAAP line item to net cash
provided by operating activities below:

RECONCILIATION OF PRO-FORMA CASH
FLOW TO SUMMARY CASH FLOW
------- -------------------------
(Dollars in thousands)
(unaudited)

For the Three Months Ended
March 31,
--------------------------
2005 2004
--------------------------

Net cash provided by operating activities $ 16,651 $ 16,058
Purchases of property and equipment (2,071) (546)
Patent additions (3,826) (2,550)
Net change in value of short-term
investments (205) 35
------------- ------------
Cash flow before financing activity and
asset acquisition $ 10,549 $ 12,997
============= ============

It includes the 'Dark Ages' and rebirth of urban culture in Western Europe, the Turko-Mongol invasions, and the birth and rise of Islam.

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im and
to learn more about its E-Business Division, visit
http://www.ebusiness.(2) In addition , the company expended
$9.interdigital.

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Based in the Isle of Man, IncaGold has become a global leader in
licensing and publishing casual gaming entertainment and edutainment
software for the PC CD-ROM, mobile devices and public entertainment
systems.
During first quarter 2005, the company generated approximately
$10.1 million of royalties from a licensee that submitted a royalty
report after the most recent quarter-end covering fourth quarter 2004
sales.