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WiLAN and Conexant Enter License Agreement
OTTAWA, Canada – January 5, 2009 – Wi-LAN Inc. (“WiLAN” or the “Company”) (TSX:WIN), a leading technology innovation and licensing company, today announced that the Company has entered into a license agreement with Conexant Systems, Inc. (“Conexant”) of Newport Beach, CA as part of an agreement resolving litigation proceedings initiated by WiLAN in October 2009. Under the terms of the agreement, Conexant receives access to certain of WiLAN’s wireline and other technologies from WiLAN’s growing portfolio of more than 750 patented inventions. The specific terms of the agreement are confidential.
"We are very pleased to have negotiated this license agreement with Conexant, a communications technology pioneer,” said Jim Skippen, Chairman & CEO. “Our wireline technology portfolio provides not only increased performance, but also reduced power consumption for millions of broadband users worldwide.”
The signing of this license with Conexant brings the total number of companies that have licensed WiLAN technologies to 212, including nine companies that have licensed WiLAN’s wireline technologies.
About WiLAN
WiLAN, founded in 1992, is a leading technology innovation and licensing company. WiLAN has licensed its intellectual property to over 210 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 cellular handsets, Wi-Fi-enabled laptops, Wi-Fi/DSL routers, xDSL infrastructure equipment, WiMAX base stations and V-Chip-enabled digital television receivers. WiLAN has a large and growing portfolio of more than 750 issued or pending patents. For more information: www.wilan.com.
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