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The Association of Entrepreneurs and Employers (UPIP) A1/2epce was established with the goal of developing entrepreneurship in the local community, and in just a few years it has expanded its activities across the country and has become one of the examples of support to businesses in the onset.
(NASDAQ: UPIP) said that revenue for the fourth quarter ended June 30, 2014 was USD36.4m, while operating income from continuing operations totaled USD25.0m.
(UPIP) formed to supply product for new studio-owned overseas distribution arms created after the joint Par/U distribution venture, United Intl.
(NASDAQ: UPIP) said it has completed its patent license and purchase transaction with Lenovo, initially disclosed on March 20, 2014.
(NASDAQ: UPIP) and Lenovo (992.HK) (ADR: LNVGY) said that Lenovo has agreed to purchase a portfolio of patents from Unwired Planet and to take a term-based license to Unwired Planet's patent portfolio.
(NASDAQ: UPIP) reported a net loss on a GAAP basis of USD7.2m, or USD0.07 per share, compared with a net loss of USD8.7m, or USD0.09 per share, in the prior quarter, and with a net loss of USD15.1m, or USD0.17 per share, in the September quarter of the preceding year.
(NASDAQ: UPIP) reported it has entered into a strategic fee arrangement with McKool Smith, one of the preeminent patent litigation firms in the world.
(NASDAQ: UPIP) said its rights offering raised USD12.5m of gross proceeds, including proceeds from a standby commitment made by Indaba Capital, L.P.
(NASDAQ: UPIP) has announced a financing transaction that will provide an additional USD50m of long term financing to support the company's licensing efforts.