Paul Richman to Rejoin WiLAN as Senior Advisor to Board and Management
OTTAWA, CANADA -- (Marketwired) -- 06/17/14 -- Wi-LAN Inc. ("WiLAN"
or the "Company") (TSX: WIN) (NASDAQ: WILN) today announced that Mr.
Paul Richman will be rejoining the company in the capacity of Senior
Advisor to its Board of Directors and its management.
Over the years, Mr. Richman has played a significant role in
developing the growth strategies of Canadian intellectual property
licensing companies, including WiLAN and MOSAID Technologies. In this
regard, Mr. Richman worked closely with WiLAN's CEO, Jim Skippen, and
served on WiLAN's Board of Directors, from shortly after the company
had transformed itself to an intellectual property licensing
organization until he retired from the board in December of 2009.
Mr. Richman holds a bachelor's degree from the Massachusetts
Institute of Technology and a master's degree from Columbia
University, both in electrical engineering, and is currently serving
as the Chairman and CEO of The Consortium for Technology Licensing,
Ltd., in Nissequogue, New York. Previously, for over twenty years, he
was the President, Chairman and CEO of Standard Microsystems
Corporation (SMSC) of Hauppauge, New York, which was sold in 2012 to
Microchip Technology Inc. of Chandler, Arizona, for US$939 million.
He was also the founder and first employee of SMSC.
Mr. Richman is the author of numerous articles having to do with the
field of microelectronics and two textbooks, which have been
translated into Japanese, Spanish, Chinese and Russian. He also holds
the basic patent for Coplamos technology, which covers the use of
field-doped, locally-oxidized structures for high-speed, high-density
integrated circuits, such as DRAMs and microprocessors. In 1982, in
recognition of his many different contributions to the field of
electronics, he was elected a Fellow of the Institute of Electrical
and Electronics Engineers (the IEEE), and has subsequently been
awarded the IEEE's Harold A. Wheeler Award and its Third Millennium
Mr. Richman and his wife, Ellen, are substantial shareholders in
WiLAN, having recently increased their collective holdings in the
company, and now own 900,000 shares.
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 "will be" 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
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