WiLAN Subsidiary Enters License with Bluegrass Cellular
OTTAWA, CANADA -- (Marketwired) -- 06/03/14 -- Wi-LAN Inc. ("WiLAN"
or the "Company") (TSX: WIN)(NASDAQ: WILN) today announced that a
WiLAN subsidiary has entered into a license with U.S.-based wireless
carrier, Bluegrass Cellular. The license, which is a multi-year
running royalty agreement, applies to the management of wireless
cellular phone services, including current generation LTE networks.
The terms of the agreement are confidential.
"This license agreement is another important step in our new network
management licensing program," said Jim Skippen, President & CEO.
"Network operator licensees are recognizing the value of our
technology and we are pleased with the progress this program is
making. This agreement was achieved without litigation and that is
always our preference."
The licensed patents relate to fault management and lawful intercept
aspects of network management technologies. The patents are a subset
of the global portfolio of patents and applications that WiLAN
acquired from Siemens AG related to telecommunication network
management and mobile multimedia in July 2012.
The licensed fault management technology helps network operators
provide reliable network connectivity to customers. This provides
significant benefits to network operators including increased
subscriber attraction and retention and service level commitments.
The licensed technology is fundamental to efficient network
operations around the world.
The licensed lawful intercept technology helps network operators meet
legal obligations in a streamlined and efficient manner. By reducing
the overhead associated with meeting these obligations, the licensed
technology helps operators provide a necessary service with minimal
impact on operations and bottom line financial performance.
WiLAN, founded in 1992, is a leading technology innovation and
licensing company. WiLAN has licensed its intellectual property to
over 280 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. 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 "helps network operators",
"meet legal obligations", "helps operators"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, expected
future developments and the expected effects of new business
strategies, 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 February 3, 2014 annual
information form for the year ended December 31, 2013 (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
Press spacebar to pause and continue. Press esc to stop.