WiLAN and Samsung Agree to a Long-Term License
Samsung renews wireless license agreement
OTTAWA, CANADA -- (Marketwired) -- 06/20/13 -- Wi-LAN Inc. ("WiLAN"
or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced that WiLAN
and Samsung Electronics Co., Ltd. ("Samsung") have entered into a
broad long-term license renewal to WiLAN's patents for Samsung's
wireless mobile products and networking infrastructure equipment. The
agreement further includes patent assignments.
Under the license agreement, WiLAN grants Samsung a license to its
patents for wireless mobile products, such as handsets, tablets,
laptops, and networking infrastructure equipment. This new license
renews the previous license covering wireless products but adds
significantly greater patent scope and term of years. All other terms
of the license agreement are confidential.
"Samsung is the world's top mobile handset vendor and a leading
innovator in the wireless industry, and we are pleased to continue
providing use of our patents in Samsung's mobile space," said Michael
Vladescu, COO. "We believe that together we can further collaborate
on building strong patent portfolios and more effectively service our
respective IP needs in the future."
WiLAN, founded in 1992, is a leading technology innovation and
licensing company. WiLAN has licensed its intellectual property to
over 265 companies worldwide. Inventions in our portfolio have been
licensed by companies that manufacture or sell a wide range of
communication and consumer electronics products including 3G and 4G
handsets, Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL
infrastructure equipment, cellular base stations and digital TV
receivers. WiLAN has a large and growing portfolio of more than 3,000
issued or pending patents. For more information: www.wilan.com.
This news release contains forward-looking statements and
forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995 and other United States and
Canadian securities laws. The phrases "we believe" and similar terms
and phrases are intended to identify these forward-looking
statements. Forward-looking statements and forward-looking
information are based on estimates and assumptions made
by WiLAN in
light of its experience and its perception of historical trends,
current conditions and expected future developments, as well as other
factors that WiLAN believes are appropriate in the circumstances.
Many factors could cause WiLAN's actual performance or achievements
to differ materially from those expressed or implied by the
forward-looking statements or forward-looking information. Such
factors include, without limitation, the risks described in WiLAN's
March 7, 2013 annual information form for the year ended December 31,
2012 (the "AIF"). Copies of the AIF may be obtained at www.sedar.com
or www.sec.gov. WiLAN recommends that readers review and consider all
of these risk factors and notes that readers should not place undue
reliance on any of WiLAN's forward-looking statements. WiLAN has no
intention and undertakes no obligation to update or revise any
forward-looking statements or forward-looking information, whether as
a result of new information, future events or otherwise, except as
required by law.
All trademarks and brands mentioned in this release are the property
of their respective owners.
Director, Investor Relations
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