Wi-LAN Inc.

Wi-LAN Inc.

February 29, 2008 16:45 ET

Wi-LAN Announces Changes to Board of Directors

OTTAWA, CANADA--(Marketwire - Feb. 29, 2008) - Wi-LAN Inc. ("Wi-LAN" or the "Company") (TSX:WIN), a leading technology innovation and licensing company, today announced that Dr. Hatim Zaghloul, the Company's co-founder, will be stepping down from the position of Chairman of the Board of Directors and will not be standing for re-election to the Board at the Company's 2008 annual and special meeting of shareholders to be held on March 27, 2008. Dr. Zaghloul will continue to work with the Company as Chair of its Technical Advisory Committee.
"With a strong and determined team, a large patent portfolio, and a solid financial position, I am very confident that a prosperous future lies ahead for Wi-LAN," said Dr. Hatim Zaghloul. "My role as a co-founder is done but I look forward to continuing my involvement in Wi-LAN and contributing to its continued success through my role on the Technology Advisory Committee."

Wi-LAN and its Board thank Dr. Zaghloul for his many contributions to Wi-LAN and look forward to continuing to work with him as the chair of its Technical Advisory Committee.

The Company is pleased that Mr. Robert S. Bramson has offered his name for appointment to the 2008 Board of Directors. Mr. Bramson is a leading licensing executive and a highly respected patent attorney. Since 1995, Mr. Bramson has practiced with Bramson & Pressman of Conshohocken, Pennsylvania, a law firm that supports its clients by assessing, strategizing and realizing the value of patents and technologies by sale or licensing particularly in the computer hardware and software, Internet, electronics and telecommunications industries. From 1995 to 2004, Mr. Bramson was President of VAI Patent Management Corp. Prior to 1995, Mr. Bramson held positions as Chief Executive Officer of InterDigital Patents Corporation, Vice President and General Patent and Technology Counsel of Unisys Corporation, Head of the Computer and Technology Law Group of Schnader, Harrison, Segal & Lewis LLP and Licensing Counsel for Abbott Laboratories. For twenty five years, Mr. Bramson was an Adjunct Professor, teaching courses in Patent Law, Computer Law and Licensing Law at Temple Law School, Rutgers Law School and Villanova Law School. During his career, Mr. Bramson has also served as a patent examiner with the United States Patent Office.

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 that face the Company; such statements may contain such words as "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, and may be based on management's current assumptions and expectations related to all aspects of the wireless and wireline telecommunications industries and the global economy. Risks and uncertainties that may face the Company include, but are not restricted to: licensing of the Company's patents can take an extremely long time and may be subject to variable cycles; the Company is currently almost exclusively reliant on additional licensing of its patent portfolio to generate future revenues and cash flows; the Company may be required to establish the enforceability of its patents in court in order to obtain material licensing revenues; changes in patent laws or in the interpretation or application of patent laws could materially adversely affect the Company; a court may determine that certain of the Company's patents are not infringed by certain standards or products or may disagree with management with respect to whether one or more of the Company's patents apply to certain standards or products, which could adversely affect the Company; the Company will need to acquire or develop new patents to continue and grow its business; the Company has made and may make acquisitions of technologies or businesses which could materially adversely affect the Company; the Company may require investment to translate its intellectual property position into sustainable profit in the market; the viability of the Company's V-chip technology may be subject to continued government support; the Company is dependent on its key officers and employees; and the price of the Company's common shares is volatile and subject to market fluctuation. These risks and uncertainties may cause actual results to differ from information contained in this release, when estimates and assumptions have been used to measure and report results.

There can be no assurance that any statements of forward-looking information contained in this release 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 statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Except as required by applicable laws, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. Readers are cautioned not to place undue reliance on any statements of forward looking information that speak only as of the date of this release. Additional information identifying risks and uncertainties relating to the Company's business are contained under the heading "Risk Factors" in Wi-LAN's current Annual Information Form and its other filings with the various Canadian securities regulators which are available online at www.sedar.com.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.

All trademarks and brands mentioned in this release are the property of their respective owners.

Contact Information

  • Wi-LAN
    Tyler Burns
    Director, Investor Relations and Communications
    Cell: 613-697-0367