Partner Licenses Wi-LAN's Patented W-OFDM Technology for Development of SoC's
CALGARY, Canada - August 28, 2002 - Wi-LAN Inc. (TSX:WIN), a global provider of broadband wireless communications products and technologies today announced the signing of an Application Specific Integrated Circuit (ASIC) development and technology license agreement with a major ASIC SoC supplier (Partner). Under terms of the non-exclusive agreement, Wi-LAN will share its W-OFDM technology and expertise in collaboration with the Partner's ASIC expertise for the development of System-on-chip Integrated Circuits (SoC's).
Under terms of the agreement, Wi-LAN and their Partner have begun collaborating on developing proprietary W-OFDM SoC's based on Wi-LAN's BWS 3000 Series products, which began shipping on October 31, 2001. In addition, the companies will collaborate on building SoC's around the IEEE 802.16a draft standard. Wi-LAN will collect royalties on the SoC and related products sales and integrate the SoC's in its BWS Series products. In connection with the agreement, Wi-LAN has issued 132,812 share purchase warrants, which are exercisable at $1.85 (CDN) at any time until July 31, 2005.
About Wi-LAN Inc.
Wi-LAN is a global provider of broadband wireless communications products and technologies, specializing in high-speed Internet access, LAN/WAN extension and broadband wireless access. Wi-LAN's broadband wireless access products are known worldwide for their high quality and industry-leading technology. Wi-LAN believes its W-OFDM patent is necessary for the implementation of devices using the IEEE 802.11a, IEEE 802.11g or ETSI BRAN HiperLAN/2 standards as well as the current drafts of the IEEE802.16a and ETSI BRAN HiperMAN proposed standards. Wi-LAN licenses its W-OFDM technology and has executed non-exclusive W-OFDM license agreements with semiconductor companies. Wi-LAN is the Chair Company of the OFDM Forum (www.ofdm-forum.com). Wi-LAN's common shares trade on The Toronto Stock Exchange under the symbol "WIN." Detailed information on Wi-LAN can be found at www.wilan.com.