Wi-LAN Inc.

Wi-LAN Inc.

April 03, 2007 08:10 ET

Wi-LAN and March Networks Establish Intellectual Property Partnership

OTTAWA, ONTARIO--(CCNMatthews - April 3, 2007) - Wi-LAN Inc. (TSX:WIN)("Wi-LAN" or "the Company") announced today that it has entered into an intellectual property partnership with Ottawa-based March Networks Corporation (TSX:MN)(AIM:MNW)("March Networks"), a provider of Internet Protocol ("IP")-based digital video surveillance solutions.

Under the terms of the agreement, Wi-LAN will provide March Networks with intellectual property advice and act as March Networks' exclusive licensing agent for its issued patents, which relate to intelligent media filtering for media management applications.

March Networks will also take a worldwide, five-year patent license from Wi-LAN for its wireless products on a running royalty basis.

"This type of intellectual property partnership is the type of win/win business relationship we strive for at Wi-LAN," said Jim Skippen, President & CEO of Wi-LAN. "As the demand for video streaming, content management and handset television accelerates, there will be a greater need for the management and control of that data. This patent portfolio strengthens our existing portfolio as it relates to handsets. As well, we are able to create value for March Networks by licensing this intellectual property portfolio on their behalf, while they maintain focus on their core markets of video surveillance and business optimization."

About Wi-LAN Inc.

Wi-LAN, which was founded in 1992, licenses intellectual property that drives a full range of products providing access in wireless and wireline telecommunications markets. Some of the fundamental technologies covered by Wi-LAN's patents include: CDMA, Wi-Fi, WiMAX and DSL. Wi-LAN has already licensed its intellectual property to a number of major companies, including Cisco, Fujitsu and Nokia.

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 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
    Steve Bower, CFO
    C: 613-697-7159
    O: 613-688-4898
    Lynne Bermel, Director Corporate Communications
    C: 613-864-4058
    O: 613-688-4900 ext. 2019