"We are pleased to have reached a mutually beneficial arrangement that advances the interests of Kodak and Nokia and validates the strength of Kodak's intellectual property portfolio," said the Chief Intellectual Property Officer, and Vice President of Eastman Kodak Company, Laura G. Quatela. "We look forward to continued collaboration with Nokia." This agreement is surely a pretty cryptic one, and what will result from it is anybody's guess. There is a small chance to see Kodak mobile phones on the market, but Nokia smartphones that incorporate some of Kodak's technologies could be a hit.