Wi-LAN Inc.
TSX : WIN

Wi-LAN Inc.

March 24, 2006 07:30 ET

Wi-LAN Technology Corporation Acquires Substantial Assets of Ensemble Communications

CALGARY, CANADA--(CCNMatthews - March 24, 2006) -

Agreement relieves company of large royalty commitment

Wi-Lan Technologies Corporation, the newly created patent licensing subsidiary of Wi-Lan Inc. (Wi-LAN or "the Company") (TSX:WIN), today announced the purchase of substantially all of the assets of Ensemble Communications Inc., based in La Jolla, California. This transaction is consistent with the Company's strategy to focus its core business on its patent portfolio.

Under the terms of the agreement, Wi-Lan buys back the patent purchase and royalty commitment executed between Wi-Lan and Ensemble in 2004, which provided Wi-Lan with its current WiMax MAC patents. As part of the prior deal, Ensemble acquired licensing rights to the Wi-Lan patent portfolio, and significant revenue sharing on any licenses Wi-Lan sold in the future. Today's announcement in effect relieves Wi-Lan of these commitments. Wi-Lan also receives inventors' files, drawings and notes for other technology Ensemble was working on prior to its wind-up in 2004, as well as a license to a number of additional patents that are complementary to Wi-Lan's current portfolio.

"As Wi-Lan continues to aggressively change its business plan to leverage its core assets, the removal of a license to our patent portfolio and the removal of revenue sharing provisions to Ensemble sets the stage for Wi-Lan's licensing initiatives, which are already formalized and well underway," said Bill Dunbar, President and CEO, Wi-LAN Inc. "Wi-Lan Technologies Corp. is the vehicle that will be negotiating licenses with companies in many markets this year that utilize Wi-Lan's many patented technologies including its fundamental US and Canadian patents in OFDM technology, and its global WiMax MAC patents. We will be making further announcements in this area imminently."

Ensemble Communications will receive consideration for the transaction of 2,000,000 Wi-Lan common shares upon closing which is expected on March 31, 2006.

About Wi-LAN Inc.

Wi-LAN is transforming itself into a company focusing and capitalizing on the value of its patent portfolio. Its focus and assets are central to the WLAN and WiMAX markets where the Company believes its patented technology is necessary for devices using the IEEE 802.11a and 802.11g standards (the 2nd generation Wi-Fi Alliance standards) and the implementation of WiMAX Forum Certified devices.

Wi-LAN is a charter member of the WiMAX Forum (www.wimaxforum.org). Additional information on Wi-LAN can be found at 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 communications industry. These risks and uncertainties include, but are not restricted to, continued increased demand for the Company's products, the Company's ability to maintain its technological leadership in the field of high-speed wireless communications, the Company's ability to attract and retain key employees, the enforceability of the Company's patents, and the availability of key components.

These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such 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 Inc.
    Amir Nayeri
    Genoa Management
    1-866-430-6247
    Email: info@genoa.ca