OTTAWA, Canada – February 8, 2010 – Wi-LAN Inc. (“WiLAN” or the “Company”) (TSX:WIN), a leading technology innovation and licensing company, announced today that the Company has signed a letter of intent to settle a lawsuit filed against it by TELUS.
The TELUS lawsuit, which was announced in a press release issued by WiLAN on January 20, 2010, claimed ownership interests in the following WiLAN patents: U.S. Patent Nos. 5,282,222 , RE37802, RE36533, 5,369,670, 5,555,268 and 5,570,305; CDN Patent Nos. 2,064,975, 2,067,436-9 and 2,108,103; and European Patent No. 0562868 (collectively, the “Patents”). The Patents include certain patents which WiLAN is asserting against various parties in both the U.S. and Canada.
As part of the settlement, TELUS has sold any rights it may have had in the Patents to WiLAN. The settlement is subject to the finalization and execution of a formal agreement. WiLAN expects the formal agreement to be signed within the next few weeks.
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.