OTTAWA, Canada – April 15, 2011 – Wi-LAN Inc. (“WiLAN” or the “Company”) (TSX:WIN), a leading technology innovation and licensing company, today announced that Cisco Systems, Inc. (“Cisco”) and WiLAN have signed a new patent license agreement pursuant to which Cisco receives a multi-year license to virtually all of WiLAN’s patent portfolio. Terms of the agreement are confidential.
WiLAN first signed a patent license with Cisco in October 2005, at the beginning of WiLAN’s patent licensing program. At that time, Cisco took a perpetual license to WiLAN’s then-existing patent portfolio. This new renewal agreement will cover the patents added to WiLAN’s portfolio since October 2005.
"We are very pleased to have signed this new license with global networking leader Cisco,” said Jim Skippen, Chairman & CEO. ”It is a testament to the strength of our acquisition and intellectual property development programs that Cisco has elected to renew its license. It is a particularly important milestone for WiLAN, since it represents our first renewal license.”
WiLAN, founded in 1992, is a leading technology innovation and licensing company. WiLAN has licensed its intellectual property to over 250 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 digital television receivers. WiLAN has a large and growing portfolio of more than 1300 issued or pending patents. For more information: www.wilan.com.