Wi-LAN Inc.

Wi-LAN Inc.

December 11, 2007 08:45 ET

Wi-LAN Signs Additional V-Chip Licenses

OTTAWA, ONTARIO--(Marketwire - Dec. 11, 2007) - Wi-LAN Inc. (TSX:WIN)("Wi-LAN"), a leading technology licensing company, today announced that it has signed a license for U.S. Patent 5,828,402 with Homecast Co., Ltd. of Korea and Manhattan Digital of United States. Wi-LAN also announced it has signed a license for Canadian Patent 2,179,474 with Qingdao Haier Electronics Co., Ltd., of China. These licenses contemplate the payment of a running royalty for the lives of the patents through 2016.

Homecast manufactures set-top-box products for global markets, including products sold under the Homecast Brand, and is aggressively pursuing the U.S. market by leveraging the NTIA Converter Box program. Manhattan Digital is an established satellite equipment provider in the United States. Qingdao Haier Electronics Co., Ltd., is a division of the Haier Group Company of China which is the world's 4th largest manufacturer of major appliances with a diverse product portfolio that includes televisions, home theatre systems and DVD players.

"Since October 31 we have signed nine licensing agreements for our V-Chip and wireless patented innovations, a solid testament to the focus and hard work of our licensing teams," said Wi-LAN President & CEO Jim Skippen. "As our determined licensing efforts continue, we look forward to announcing additional agreements in the coming months and remain confident that our licensing plan will produce positive results for Wi-LAN."

115 licenses have been signed for Wi-LAN's Canadian and/or U.S. V-chip patents to electronics manufacturers in Korea, Japan, Taiwan, China, Thailand, Singapore, Hong Kong, Canada and the United States.

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

About Wi-LAN

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.

Contact Information

  • Wi-LAN Inc.
    Tyler Burns
    Director, Investor Relations and Communications
    O: 613-688-4330
    C: 613-697-0367