News Release Details

Wi-LAN Selected to the TSE 300 Composite Index

07/05/2000


Inclusion Expected to Add Value to Wi-LAN's Shares

Calgary, Alberta
July 5, 2000

Wi-LAN Inc. (TSE:WIN), an innovator of high-speed wireless data and Internet communications, announced today that it has been selected to be included in the TSE 300 Composite Index in the Technology/Hardware group, in the TSE 200 Index, and in the S&P/TSE Canadian SmallCap Index in the Information Technology sector. These inclusions will be effective after the close of trading on the TSE today.

The TSE 300 Composite Index, introduced in 1977, was created by the Toronto Stock Exchange and is maintained by Standard & Poors. It is composed of the 300 largest Canadian public companies on the TSE and is regarded as the barometer of activity in the Canadian markets. Standard & Poors reviews and follows strict criteria regarding inclusion and makes adjustments accordingly.

"We are thrilled to be added to this select group of Canadian companies so quickly after being listed on the TSE," said Dr. Hatim Zaghloul, Wi-LAN chairman and CEO. "This development should add value to Wi-LAN's shares as it requires index-oriented institutional investors to buy and hold." 

Wi-LAN began trading on the TSE October 28, 1999. The company currently has 22,220,472 shares outstanding. 

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