OTTAWA, Canada – August 3, 2007 – Wi-LAN Inc. (“Wi-LAN”, or the “Company”) (TSX: WIN) announced today that its wholly-owned subsidiary, Wi-LAN V-chip Corp., has concluded a running royalty licensing agreement for Wi-LAN’s United States V-chip Patent No. 5,828,402 to Good Mind Innovation Co., Ltd. of Taiwan. The license is valid for the life of the patent through 2016.
Good Mind is a consumer electronic products manufacturer specializing in the manufacture of cable industry products including set-top boxes. The Company has plans to produce products that complement the transition to digital broadcasting in the United States and Canada.
“This is the second V-chip licensing agreement we’ve signed since Wi-LAN merged with
Tri-Vision less than five weeks ago,” said Jim Skippen, Wi-LAN President & CEO. “We are pleased that the V-chip team we acquired continues to show steady progress in finalizing long-term license agreements. The licensing teams from the combined companies continue to be very busy working on the many exciting licensing opportunities available to us. We have a clear and focused licensing plan in place and remain confident that it will yield positive results and growth for Wi-LAN.”
Some of the many companies that have been licensed to Wi-LAN’s Canadian and/or U.S. V-chip patents include: Falcon Digital, Funai, Hitachi, Humax, Jabil Circuit, JVC, LG Electronics, Nakamichi, NEC, Panasonic, Philips, Pioneer, Syntax-Brillian, Toshiba and ViewSonic.
About Wi-LAN
Wi-LAN, founded in 1992, licenses intellectual property applicable to a full range of products providing access in the communications and consumer electronics markets. Some of the fundamental technologies covered by Wi-LAN’s patents include: CDMA, DOCSIS, DSL, V-chip, Wi-Fi and WiMAX. Wi-LAN has already licensed its intellectual property - which includes 227 issued or pending patents, excluding patents to be transferred from Fujitsu - to a number of the world’s largest companies. For more information: www.wilan.com.
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 assumptions and 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.
- ## -
For more information please contact Wi-LAN at:
Lynne Bermel,
Director IR and Communications
O: 613-688-4897
E: lbermel@wi-lan.com
