Wi-LAN Inc.
TSX : WIN

Wi-LAN Inc.

January 29, 2008 08:31 ET

Wi-LAN Signs V-chip Licenses With Major Electronics Manufacturers

V-chip license agreements now total 126

OTTAWA, CANADA--(Marketwire - Jan. 29, 2008) - Wi-LAN Inc. ("Wi-LAN", or the "Company") (TSX:WIN), a leading technology innovation and licensing company, today announced that it has signed a license agreement for its U.S. and Canadian V-chip Patents with Tatung Company (Tatung). Wi-LAN also announced that it has signed a license agreement for its U.S V-chip Patent with Hon Hai Precision Industry Co., Ltd. (Hon Hai). These agreements provide for the payment of running royalties for the lives of the Patents and include provisions for payment in respect of past sales.

Tatung is a worldwide leader in the design and manufacturing of a vast array of digital consumer products, including consumer PCs, LCD TVs, network-connected devices, storage-based media players, videophones and home appliances. Tatung also delivers advanced products for business computing, such as Tablet PCs, blade servers and wireless thin clients.

Hon Hai, which goes by the trade name Foxconn, is the world's largest contract electronics manufacturer. Hon Hai manufacturers a variety of computer, consumer electronics and communication products for major brand name customers around the world. Hon Hai has more than 500,000 employees and generated revenues of over US$40 Billion in 2006.

"Tatung, a well known brand, and Hon Hai are very welcome additions to our V-chip licensee family," said Najmul Siddiqui, President, Wi-LAN V-chip Corp. "With large manufacturing capabilities in China, Hon Hai has become China's largest exporter. These license agreements could have significant future potential for Wi-LAN."

"These license agreements are the latest examples of the solid progress that our V-chip licensing team has made in 2008," said Jim Skippen, President & CEO, Wi-LAN. "As discussions with various manufacturers continue, we expect to sign a number of wireless and V-chip license agreements in the coming months."

126 licenses for Wi-LAN's Canadian or U.S. V-chip Patents have been signed with electronics manufacturers in Korea, Japan, Taiwan, China, Thailand, Singapore, Hong Kong, Denmark, Canada and the United States.

Wi-LAN has a large and growing portfolio of more than 280 issued or pending Patents.

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

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 Inc.
    Tyler Burns
    Director, Investor Relations and Communications
    C: 613-697-0367
    O: 613-688-4330
    tburns@wi-lan.com