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Unwired Planet Reports Board Changes [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Unwired Planet on October 8 reported that current board member David Lockwood has notified the board of directors that he will be retiring from the board of directors at the end of his term and not stand for re-election at the Unwired Planet 2014 Annual Meeting of Stockholders. "I appreciate the opportunity to have served on the Unwired Planet board and believe we have made tremendous progress on building a platform for growth," said David Lockwood. "Since I joined the board, the company has added a number of highly qualified directors, implemented a new management structure, and closed a significant patent licensing and purchase transaction, as well as restructured a major partnership. With the addition of Andy Dodge to our board, representing our largest shareholder, Indaba Capital, the company has the strategic alignment and financial strength to become one of the leaders in the industry. Andy will be a great addition to the board and I believe the greater involvement of Indaba Capital in the company will benefit all shareholders." "On behalf of everyone at Unwired Planet, I'd like to extend my thanks to David for everything he has contributed to the company, particularly his management experience and extensive knowledge of the technology industry," said Phil Vachon, Chairman of the Board. "We thank David for his hard work and leadership as a board member of Unwired Planet," said Andy Dodge, Member of Unwired Planet's board and Partner at Indaba Capital. "Unwired Planet is well positioned to build on its accomplishments and create shareholder value." Unwired Planet is an intellectual property company focused exclusively on the mobile industry. More information and complete details: www.unwiredplanet.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |