Wi-LAN Inc.
TSX : WIN

Wi-LAN Inc.

August 30, 2007 17:36 ET

Wi-LAN Signs V-chip License Agreements: Addition of DiBoss and Michley Enterprises Brings Total Agreements to 101

OTTAWA, CANADA--(Marketwire - Aug. 30, 2007) - Wi-LAN Inc. (TSX:WIN) ("Wi-LAN"), a leading technology licensing company, today announced agreements for Wi-LAN's Canadian Patent No. 2,179,474 and US Patent No. 5,828,402 with DiBoss Co., Ltd. of South Korea. Wi-LAN also announced a US Patent agreement with Michley Electronics Inc., USA. The running royalty licenses are valid for the life of the patents through 2016.

The Michley and DiBoss licenses move the total number of licenses signed to Wi-LAN V-chip patents to 101. DiBoss, one of the worlds leading suppliers of commercial displays, has moved into the LCD television market in Asia Europe, and most recently North America. Michley Electronics Inc. - a division of Michley Electronics (Shenzhen) Co., Ltd. of China - is a specialized hi-tech enterprise engaged in the development, design, sales and service of portable video systems and set top boxes.

"Our licensing strategy continues to show success both in the digital television market and with manufacturers developing converters that will help the US digital transition. These manufacturers will provide coupon eligible, certified converter boxes to ensure that millions of Americans with older TVs do not lose television capability when US television signals switch from analog to digital technology in 2009," explained Wi-LAN V-chip President Najmul Siddiqui.

Some of the companies that have already been licensed to Wi-LAN's Canadian and/or U.S. V-chip Patents include: Falcon Digital, Funai, Hitachi, Humax, Jabil Circuit, JVC, Konka, LG Electronics, Nakamichi, NEC, Panasonic, Philips, Pioneer, Syntax-Brillian, Toshiba and ViewSonic.

"We are very pleased by recent progress made by our V-chip licensing team and look forward to announcing further agreements with other companies in the coming months," said Wi-LAN President & CEO Jim Skippen.

About Wi-LAN

Wi-LAN, founded in 1992, licenses intellectual property applicable to a full range of products providing access in the communications and consumer electronics markets. Some of the fundamental technologies covered by Wi-LAN's patents include: CDMA, DOCSIS, DSL, V-chip, Wi-Fi and WiMAX. Wi-LAN has already licensed its intellectual property to a number of the world's largest companies. 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 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
    Murray Eldon
    Wi-LAN V-chip Corporate Communications
    416-298-8551 x212
    meldon@tri-vision.ca
    or
    Wi-LAN
    David Ward
    Director Investor Relations & Communications
    613-688-4330
    Cell.: 613-697-0367
    dward@wi-lan.com