Wi-LAN Inc.
TSX : WIN

Wi-LAN Inc.

January 17, 2008 10:40 ET

Wi-LAN Signs Additional V-chip Licenses

Latest agreements bring V-chip license total to 123

OTTAWA, CANADA--(Marketwire - Jan. 17, 2008) - Wi-LAN Inc. (TSX:WIN) ("Wi-LAN"), a leading technology innovation and licensing company, today announced that it has signed a license agreement for its U.S. and Canadian V-chip Patents with Shenyang Tongfang Multimedia Co., Limited (Shenyang Tongfang). Wi-LAN also announced it has signed licenses for its Canadian V-chip Patent with Westinghouse Digital Electronics Inc. (Westinghouse) and Powerray Co., Ltd, (Powerray). These agreements provide for the payment of running royalties for the lives of the Patents.

Shenyang Tongfang is an OEM manufacturer of a number of electronic products including LCD televisions. Westinghouse markets a full line of LCD televisions in Canada and the United States and other consumer electronic products. Powerray is a digital set-top box manufacturer.

"We are excited by the positive results that our V-chip licensing activities have delivered early in 2008", said Wi-LAN V-chip President Najmul Siddiqui. "We are continuing our efforts with energy and strong determination to maximize the success of our V-chip licensing program."

123 licenses for Wi-LAN's Canadian or U.S. V-chip Patents have been signed with electronics manufacturers in Korea, Japan, Taiwan, China, Thailand, Singapore, Hong Kong, Denmark, 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, is a leading technology innovation and licensing company. Our portfolio of patented inventions applies to a wide 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
    C: 613-697-0367
    O: 613-688-4330
    tburns@wi-lan.com