OTTAWA, Canada – June 28, 2007 – Wi-LAN Inc (WIN: TSX), a leader in technology licensing, today announced that it has signed another License Agreement under its Early License Program.
We are very pleased that another company has elected to take a license under Wi-LAN’s Early License Program (ELP),” said Jim Skippen, President & CEO. “After successfully signing Nokia in December and March Networks in April, we believe that today’s announcement demonstrates ongoing momentum in our patent licensing program. We continue to make progress in our licensing negotiations, and while there are no guarantees, we are hopeful that we will have more to announce before the expiry of the ELP on July 31st, 2007.”
The parties have agreed that all terms, including the identity of the licensee, will be kept confidential despite Wi-LAN’s general policy concerning disclosure of license terms.
About Wi-LAN Inc.
Wi-LAN, founded in 1992, licenses intellectual property that drives a full range of products providing access in communications and consumer electronics markets. Some of the fundamental technologies covered by Wi-LAN’s patents include: CDMA, DSL, DOCSIS, Wi-Fi and WiMAX. Wi-LAN has already licensed its intellectual property to a number of companies, including Cisco, Fujitsu, March Networks and Nokia.
Forward-looking Information
Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. These may include, without limitation, statements based on current expectations involving a number of risks and uncertainties related to all aspects of the wireless and wireline communications industry and the global economy. These risks and uncertainties include, but are not restricted to: the almost exclusive reliance of the Company on licensing its patent portfolio to generate revenues and cash flows; that the Company may be required to establish the enforceability of its patents in court to obtain material licensing revenues; that the Company will need to acquire or develop new patents to continue to grow its business; that the Company requires investment to translate its intellectual property position into sustainable profit in the market; that the Company is dependent on the performance of its key officers and employees; that changes in patent legislation or in the interpretation or application of patent litigation could materially adversely affect the Company; and that the Company has and may make acquisitions of products, technologies or businesses which could materially adversely affect the Company. These risks and uncertainties may cause actual results to differ from information contained herein, when estimates and assumptions have been used to measure and report results. There can be no assurance that such forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.
All trademarks and brands mentioned in this release are the property of their respective owners.
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For more information please contact Wi-LAN at:
Steve Bower,
CFO
C: 613.697.7159
O: 613.688.4898
E: sbower@wi-lan.com
Lynne Bermel,
Director Corporate Communications
C .613.864.4058
O: 613.688.4897
E: lbermel@wi-lan.com
