Company confirms eight license agreements signed at mid-point in third quarter
OTTAWA, Canada – June 19, 2008 – Wi-LAN Inc., a leading technology innovation and licensing company, today announced an update on its licensing activities during its third quarter, which ends July 31, 2008.
The Company announced that it has signed running royalty licenses for wireless-related technologies with Sena Technologies Inc. (“Sena”) and Monsoon Multimedia (“Monsoon”). Sena has signed a six-year running royalty license agreement relating to Wi-LAN’s Bluetooth and Wi‑Fi patents. Monsoon has signed a six-year running royalty license agreement relating to Wi‑LAN’s Wi-Fi patents. These two new licensees, along with Xirrus Inc. and ASUSTek Computer Inc. announced earlier in the quarter, brings the total number of wireless licensees signed as of the half-way point in the third quarter to four and the total number signed to date to 25.
The Company also announced that in the third quarter it has signed running royalty license agreements for its U.S. V-chip patent with Shanghai Weixin Electronics Co., Ltd., Yung Fu Technology Electrical Corp., Soultech Limited and Tunbow Electronics Ltd. These four agreements bring the total number of V-chip licensees signed to date to 86.
Licensing discussions continue with many companies and Wi-LAN expects to sign additional agreements in the near future.
Wi-LAN has a large and growing portfolio of more than 300 issued or pending patents.
Wi-LAN, founded in 1992, is a leading technology innovation and licensing company. Our portfolio of patented inventions applies to a wide 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 over 100 companies. For more information: www.wi-lan.com.