WiLAN Subsidiary Acquires Networking Technology
April 22 2014 - 10:30AM
Marketwired
WiLAN Subsidiary Acquires Networking Technology
OTTAWA, CANADA--(Marketwired - Apr 22, 2014) - Wi-LAN Inc.
("WiLAN" or the "Company") (TSX:WIN) (NASDAQ:WILN) today announced
that a subsidiary has entered into a licensing partnership with the
inventor of patented technology that relates to networking
capabilities of non-standard devices.
"With this partnership and recent transactions in the automotive
and energy markets, WiLAN is taking definitive steps to diversify
our business and expand the number of patent portfolios that we can
effectively license, all in an effort to increase the potential
revenue that our business can generate," said Jim Skippen,
President & CEO.
In a typical partnership program, the inventor(s) share in the
success of the licensing program.
About WiLAN
WiLAN, founded in 1992, is a leading technology innovation and
licensing company. WiLAN has licensed its intellectual property to
over 280 companies worldwide. Inventions in our portfolio have been
licensed by companies that manufacture or sell a wide range of
communication and consumer electronics products including 3G and 4G
handsets, Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL
infrastructure equipment, cellular base stations and digital TV
receivers. WiLAN has a large and growing portfolio of more than
4,000 issued or pending patents. For more information:
www.wilan.com.
Forward-looking Information
This news release contains forward-looking statements and
forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995 and other United States
and Canadian securities laws. The phrases "to diversify", "we can
effectively", "to increase", "can generate" and similar terms and
phrases are intended to identify these forward-looking statements.
Forward-looking statements and forward-looking information are
based on estimates and assumptions made by WiLAN in light of its
experience and its perception of historical trends, current
conditions and expected future developments, as well as other
factors that WiLAN believes are appropriate in the circumstances.
Many factors could cause WiLAN's actual performance or achievements
to differ materially from those expressed or implied by the
forward-looking statements or forward-looking information. Such
factors include, without limitation, the risks described in WiLAN's
February 3, 2014 annual information form for the year ended
December 31, 2013 (the "AIF"). Copies of the AIF may be obtained at
www.sedar.com or www.sec.gov. WiLAN recommends that readers review
and consider all of these risk factors and notes that readers
should not place undue reliance on any of WiLAN's forward-looking
statements. WiLAN has no intention and undertakes no obligation to
update or revise any forward-looking statements or forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by law.
All trademarks and brands mentioned in this release are the
property of their respective owners.
Tyler BurnsDirector, Investor RelationsO: 613-688-4330C:
613-697-0367tburns@wilan.comwww.wilan.com
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