OTTAWA, March 7, 2018 /PRNewswire/ - Wi-LAN Inc.
("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH)
(NASDAQ: QTRH), today announced that its wholly-owned subsidiary,
Commercial Copy Innovations Inc., has entered into a settlement and
patent license agreement with Ricoh Company, Ltd. ("Ricoh").
The license covers various printer related technology.
Ricoh is a Japanese multinational imaging and electronics
company.
All other terms of the agreement are confidential.
About WiLAN
WiLAN, a Quarterhill company, 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. For more information: www.wilan.com.
About Quarterhill
Quarterhill is focused on the disciplined acquisition,
management and growth of companies in dedicated technology areas
including, vertical market software and solutions, intelligent
industrial systems, and innovation and licensing.
Quarterhill's emphasis is on seeking out acquisition
opportunities at reasonable valuations that provide a foundation
for recurring revenues, predictable cash flows and margins,
profitable growth, intimate customer relationships and dedicated
management teams. Quarterhill is listed on the TSX and NASDAQ
under the symbol QTRH. For more information:
www.quarterhill.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 Quarterhill 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
Quarterhill believes are appropriate in the circumstances. Many
factors could cause Quarterhill'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
its March 1, 2018 annual information
form for the year ended December 31,
2017 (the "AIF"). Copy of the AIF may be obtained at
www.sedar.com or www.sec.gov. Quarterhill recommends that readers
review and consider all of these risk factors, and notes that
readers should not place undue reliance on any of Quarterhill's
forward-looking statements. Quarterhill 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.