WiLAN Enters into License Agreement with Philips
Licensing partnership entered in April 2014 delivers agreement
OTTAWA, CANADA -- (Marketwired) -- 07/23/14 -- Wi-LAN Inc. ("WiLAN"
or the "Company") (TSX: WIN)(NASDAQ: WILN) today announced that the
Company's subsidiary, Open Network Solutions Inc., has entered into a
license agreement with Koninklijke Philips N.V. and Philips
Electronics North America Corporation. The licensed patents relate to
networking capabilities of non-standard devices.
"WiLAN acquired these patents through a licensing partnership that we
signed in April of this year," said Jim Skippen, President & CEO. "I
am pleased with the early progress that we are making in this
The 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 285 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.
All trademarks and brands mentioned in this release are the property
of their respective owners.
Director, Investor Relations
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