NEWS RELEASE TRANSMITTED BY Marketwired
FOR: Wi-LAN Inc.
TSX SYMBOL: WIN
NASDAQ SYMBOL: WILN
JULY 10, 2014
WiLAN and Sony Enter License Agreement
Sony licenses WiLAN's patents related to television technologies
OTTAWA, CANADA--(Marketwired - July 10, 2014) - Wi-LAN Inc. ("WiLAN"
or the "Company") (TSX:WIN) (NASDAQ:WILN) today announced that the
Company and Sony Corporation ("Sony") have entered into a multi-year
license agreement related to WiLAN's portfolio of television technologies.
WiLAN's display and television patent portfolio includes patents covering
various technologies including V-Chip parental control, display conversion and
closed captioning technologies.
The agreement also includes certain 3D television technology developed by
SENSIO Technologies Inc. ("SENSIO"). SENSIO's S2D Switch
technology is exclusively available from WiLAN. All remaining terms of the
license agreement are confidential.
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
"multi-year license" 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:
For media and investor inquiries, please contact:
Director, Investor Relations
O: 613.688.4330 or C: 613.697.0367
INDUSTRY: Telecom - Networking, Telecom - Telecommunication Equipment, Telecom
- Telecommunication Services, Telecom - Wireless/Mobile
-0- Jul/10/2014 15:00 GMT
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