Wi-LAN Inc.
TSX : WIN

Wi-LAN Inc.

November 07, 2007 08:26 ET

Wi-LAN Enters License Agreement With Matsushita Electric

Matsushita licenses Wi-LAN technology for use in Panasonic computers

OTTAWA, ONTARIO--(Marketwire - Nov. 7, 2007) - Wi-LAN Inc. (TSX:WIN) ("Wi-LAN") today announced that it has signed a five year licensing agreement with Matsushita Electric Industrial Co., Ltd. ("Matsushita") of Osaka, Japan relating to Wi-LAN's CDMA and Wi-Fi patents.

Under the terms of the agreement, the consideration from Matsushita will include a per unit amount on all Panasonic notebook computers utilizing Wi-Fi or CDMA technologies which are sold in North America while the relevant patents are in effect.

Matsushita, best known for its Panasonic brand, is a worldwide leader in the development and manufacture of electronics and digital communications products for a wide range of consumer, business, and industrial needs.

"We are pleased to have licensed Matsushita for the use of Wi-LAN's intellectual property within its highly acclaimed Panasonic computers," said Jim Skippen, President & CEO for Wi-LAN. "Matsushita and Fujitsu, which are two of the top ten notebook vendors in the U.S., have now licensed our technology for use in their notebook computers. We look forward to licensing the remaining notebook vendors to our wireless technologies."

Wi-LAN has a large and growing portfolio of more than 280 issued or pending patents.

About Wi-LAN Inc.

Wi-LAN, founded in 1992, licenses intellectual property that applies to a full range of electronics and communications products. Some of the fundamental technologies covered by Wi-LAN's patents include: CDMA, DOCSIS, DSL, GSM/EDGE, V-chip, Wi-Fi and WiMAX. Wi-LAN has licensed its intellectual property to a growing number of companies around the world. For more information: www.wi-lan.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.

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