NEWS RELEASE TRANSMITTED BY Marketwired
FOR: Wi-LAN Inc.
TSX SYMBOL: WIN
NASDAQ SYMBOL: WILN
JUNE 3, 2014
WiLAN Subsidiary Enters License with Bluegrass Cellular
OTTAWA, CANADA--(Marketwired - June 3, 2014) - 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
"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
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
FOR FURTHER INFORMATION PLEASE CONTACT:
Director, Investor Relations
INDUSTRY: Telecom - Networking, Telecom - Telecommunication Equipment, Telecom
- Telecommunication Services, Telecom - Wireless/Mobile
-0- Jun/03/2014 17:18 GMT
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