WiLAN and Sony Enter License Agreement
Sony licenses WiLAN's patents related to television technologies
OTTAWA, CANADA -- (Marketwired) -- 07/10/14 -- 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
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 respective owners.
For media and investor inquiries, please contact:
Director, Investor Relations
O: 613.688.4330 or C: 613.697.0367
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