OTTAWA, Canada – August 3, 2007
– Wi-LAN Inc. announced today that its wholly-owned subsidiary, Wi-LAN V-chip Corp., has concluded a running royalty licensing agreement for Wi-LAN’s United States V-chip Patent No. 5,828,402 to Good Mind Innovation Co., Ltd. of Taiwan. The license is valid for the life of the patent through 2016.
Good Mind is a consumer electronic products manufacturer specializing in the manufacture of cable industry products including set-top boxes. The Company has plans to produce products that complement the transition to digital broadcasting in the United States and Canada.
“This is the second V-chip licensing agreement we’ve signed since Wi-LAN merged with Tri-Vision less than five weeks ago,” said Jim Skippen, Wi-LAN President & CEO. “We are pleased that the V-chip team we acquired continues to show steady progress in finalizing long-term license agreements. The licensing teams from the combined companies continue to be very busy working on the many exciting licensing opportunities available to us. We have a clear and focused licensing plan in place and remain confident that it will yield positive results and growth for Wi-LAN.”
Some of the many companies that have been licensed to one or both of Wi-LAN’s Canadian and/or U.S. V-chip patents include: Falcon Digital, Funai, Hitachi, Humax, Jabil Circuit, JVC, LG Electronics, Nakamichi, NEC, Panasonic, Philips, Pioneer, Syntax-Brillian, Toshiba and ViewSonic.About Wi-LAN
Wi-LAN, founded in 1992, licenses intellectual property applicable to a full range of products providing access in the communications and consumer electronics markets. Some of the fundamental technologies covered by Wi-LAN’s patents include: CDMA, DOCSIS, DSL, V-chip, Wi-Fi and WiMAX. Wi-LAN has already licensed its intellectual property - which includes 227 issued or pending patents, excluding patents to be transferred from Fujitsu - to a number of the world’s largest companies. For more information: www.wi-lan.com