OTTAWA, April 27, 2017 /CNW/ - Wi-LAN Inc. ("WiLAN" or
the "Company") (TSX:WIN) (NASDAQ:WILN) announces that Mr.
Ian McKinnon joined its Board of
Directors at the Company's recent Annual General Meeting. Mr.
McKinnon replaces Mr. Robert
Bramson. Mr. Bramson did not stand for re-election
because he had reached the upper age limit for Directors.
"We are very pleased to add Ian
McKinnon to our Board of Directors," said James Skippen, Executive Chairman of WiLAN. "Ian
has had a long career as a business leader and advisor. He has
considerable experience with rapidly growing technology companies
including those that have grown through acquisition. This
experience will be of benefit to us as we execute on our new growth
strategy.
"At the same time, I want to sincerely thank Bob Bramson for his nine years of guidance,
insight and counsel provided to WiLAN while on its Board. Bob
is one of the most respected people in the patent licensing
industry and a highly-accomplished patent attorney. We sincerely
wish Bob all the best and will continue to seek his guidance and
wisdom where appropriate."
Between 1995 and 2007, Mr. McKinnon was President, Chief
Executive Officer and a member of the Boards of Directors of each
of Promis Systems Corporation Ltd. and Certicom Corp. He is
currently a member of the Board of Directors of TSX-listed
Constellation Software Inc. and Chair of the Board of Directors of
Messagepoint Inc., a privately held Canadian software company. Mr.
McKinnon was a member of the Board of Directors of SMART
Technologies Inc., a Canadian TSX and NASDAQ listed technology
company that was acquired by Foxconn Singapore (Pte) Ltd. in 2016.
Mr. McKinnon holds an Honours B.A. from McMaster University and attended the INSEAD
Advanced Management Program.
About WiLAN
WiLAN is one of the most successful patent licensing companies
in the world and helps companies unlock the value of intellectual
property by managing and licensing their patent portfolios. The
Company operates in a variety of markets including automotive,
digital television, Internet, medical, semiconductor and wireless
communication technologies. Founded in 1992, WiLAN is listed on the
TSX and NASDAQ. WiLAN has announced plans to change its name
to Quarterhill Inc. in the second quarter of 2017 after which,
WiLAN, the patent license business, will become a subsidiary of
Quarterhill. 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. 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, expected future developments
and the expected effects of new business strategies, 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 10,
2017 annual information form for the year ended December 31, 2016 (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.
SOURCE Wi-LAN Inc.