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Wi-LAN Enters License Agreement with Tranzeo
OTTAWA, Canada – January 2, 2008 – Wi-LAN Inc. (TSX: WIN) (“Wi-LAN”), a leading technology licensing company, today announced that it has signed a licensing agreement with Tranzeo Wireless Technologies Inc. (Tranzeo) relating to Wi-LAN’s Wi-Fi and WiMAX patents. The license provides for the payment of a running royalty for the lives of the patents and includes a payment in respect of past sales.
Tranzeo’s broad range of point-to-point and point-to-multipoint radios, WiMAX equipment, and mesh network solutions are designed for wireless internet service providers, governments, campuses, military, carriers, enterprise customers, and systems integrators around the globe.
“This agreement is further evidence of our ability to fairly monetize our wireless patented innovations, through negotiation, in the critical Wi-Fi and WiMAX markets,” said Andrew Parolin, VP Wireless Technologies, Wi-LAN. “Our wireless licensing teams are in active discussion and negotiation with a number of companies. We remain confident that our licensing strategy will continue to produce positive results for Wi-LAN.”
Wi-LAN has a large and growing portfolio of more than 280 issued or pending patents.
About Wi-LAN
Wi-LAN, founded in 1992, licenses intellectual property that applies to a full range of electronics and communications products. Some of the fundamental technologies covered by Wi-LAN’s patents include: CDMA, DOCSIS, DSL, GSM/EDGE, V-chip, Wi-Fi and WiMAX. Wi-LAN has licensed its intellectual property to a growing number of companies around the world. For more information: www.wi-lan.com.
Tranzeo’s broad range of point-to-point and point-to-multipoint radios, WiMAX equipment, and mesh network solutions are designed for wireless internet service providers, governments, campuses, military, carriers, enterprise customers, and systems integrators around the globe.
“This agreement is further evidence of our ability to fairly monetize our wireless patented innovations, through negotiation, in the critical Wi-Fi and WiMAX markets,” said Andrew Parolin, VP Wireless Technologies, Wi-LAN. “Our wireless licensing teams are in active discussion and negotiation with a number of companies. We remain confident that our licensing strategy will continue to produce positive results for Wi-LAN.”
Wi-LAN has a large and growing portfolio of more than 280 issued or pending patents.
About Wi-LAN
Wi-LAN, founded in 1992, licenses intellectual property that applies to a full range of electronics and communications products. Some of the fundamental technologies covered by Wi-LAN’s patents include: CDMA, DOCSIS, DSL, GSM/EDGE, V-chip, Wi-Fi and WiMAX. Wi-LAN has licensed its intellectual property to a growing number of companies around the world. For more information: www.wi-lan.com.
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