News Release Details

Wi-LAN Acquisition of Leading Antenna Manufacturer Completed


Closed Deal Brings TIL-TEK Expertise Into the Wi-LAN Fold to Support Wireless Network Implementations

Calgary, Alberta
June 29, 2000

Wi-LAN Inc. (TSE:WIN), an innovator of high-speed wireless data and Internet communications, announced today that it has closed the transaction to purchase TIL-TEK Antennas Inc. TIL-TEK, a leader in the design and manufacture of high quality antenna products, will operate as a wholly owned subsidiary of Wi-LAN.

Through this acquisition, Wi-LAN gains control of several U.S. and Canadian antenna patents and research programs, as well as an ISO 9001 certified manufacturing plant in Kemptville, Ontario and a joint venture involving a manufacturing and distribution facility in Brazil. Wi-LAN plans to continue TIL-TEK's operations out of Kemptville. In Calgary, Wi-LAN will work on integrating antennas into the design of its I.WiLL(tm) System.

TIL-TEK brings an impressive list of customers that includes TRT Lucent Technologies, LCC International, TELUS Mobility, SR Telecom, Rogers Wireless, MTS Mobility/Manitoba Telephone Systems, Breezecom, and Waverider Communications Inc.

TIL-TEK is a strong supplier in the lucrative PCS/cellular and Wireless Local Loop markets. The acquisition provides both Wi-LAN and TIL-TEK with increased access to large worldwide customers.

"The closing of this transaction completes a significant strategic acquisition for Wi-LAN," said Dr.Hatim Zaghloul, Wi-LAN chairman and CEO. "We look forward to working with TIL-TEK in providing our customers with integrated wireless solutions."

To complete the transaction, Wi-LAN issued shares of common stock to satisfy the purchase price of $22.5 million Canadian.

"TIL-TEK is thrilled to be part of the Wi-LAN family," said Stephen Tilston, president and CEO of TIL-TEK Limited. "The acquisition has given us a larger sales network, a stronger presence in the marketplace and an increased understanding of customer requirements for use in antenna designs." 

About TIL-TEK Antennas Inc.:
For over 20 years, TIL-TEK has been a leader in the design and manufacture of cost-effective, high-quality antenna products. The company, established in 1979 to provide research and development in new antenna technologies for both government and industry, has become a leader in providing global customers with products and services that meet and exceed their specific requirements, at an affordable price. With manufacturing facilities in Kemptville, Ontario, Canada and Sao Paulo, Brazil, and representation worldwide, TIL-TEK has supplied antennas in over 80 countries for a variety of major wireless projects. More information about TIL-TEK can be found at 

With our Interactive Analyst Center (IAC), historical financial data, both quarterly and annual, is available in an easy to access spreadsheet format. View and export our financial statements, non-GAAP reconciliations as well as share information.


Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Wi-LAN Inc. and its affiliates (“WIN”) have no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither WIN nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against WIN and Virtua and further acknowledge and agree that in no event shall WIN or Virtua, or their respective officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if WIN and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, WIN may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess WIN operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing WIN's operating performance to prior periods. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. WIN and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

Decline Agree

Copyright © . All rights reserved. Q4 Web Systems