Byron Capital Markets

Byron Capital Markets

December 15, 2011 09:27 ET

Byron Capital Markets Initiates Wi-LAN Inc. at "Buy" with C$7.00 Target Price

TORONTO, ONTARIO--(Marketwire - Dec. 15, 2011) - Byron Capital Markets Ltd. is pleased to announce that it has initiated coverage on Wi-LAN Inc. (TSX:WIN) with a Buy rating and a target price of $7.00.

In this initiation of coverage research report, Technology Analyst and Head of Research, Tom Astle, gives a comprehensive overview of the company, with focus on future drivers of growth and the company's position as one of the few proven operators in the intellectual property ("IP") segment with a capable and aggressive team as well as an effective process for monetizing IP.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the coverage of Canadian technology companies.

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