Wi-LAN Inc.
TSX : WIN

Wi-LAN Inc.

January 04, 2007 13:27 ET

Wi-LAN Announces Steve Bower as CFO

OTTAWA, CANADA--(CCNMatthews - Jan. 4, 2006) - Wi-LAN Inc. (TSX:WIN) ("Wi-LAN" or "the Company") is pleased to announce the appointment of Steve Bower as its full-time CFO.

Mr. Bower has more than 25 years experience in all areas of finance. Most recently, he has served as Wi-LAN's acting CFO since March 1, 2006, overseeing the Company's transformation from a products and engineering services operation to a pure-play wireless and wireline IP licensing company. Mr. Bower also played a key role in helping the Company complete three successful rounds of financing, raising a total of $46 million. The appointment is effective January 1, 2007.

Prior to joining Wi-LAN, Mr. Bower served as CFO of SiGe Semiconductor, Inc., a high-growth fabless semiconductor company, for six years. He played a key role in SiGe's successful financing, M&A activities and international corporate development. Mr. Bower has also held leadership roles in finance and operations with Petro-Canada, BCE, Nortel and Deloitte & Touche.

"Steve has a proven track record and has already demonstrated outstanding dedication to the Company and delivered excellent results," said Jim Skippen, Wi-LAN's President & CEO. "Steve has played an integral role in the transformation of Wi-LAN, and I look forward to his continued leadership in finance as we grow our business."

Mr. Bower serves on the national Board of Financial Executives International (FEI) and is Chair of its Issues and Policy Advisory Committee. Previously, he served on the Accounting Standards Board of the Canadian Institute of Chartered Accountants (CICA). He is a Fellow (FCA) of the Ontario Institute of Chartered Accountants.

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 ADSL. 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 result 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.

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