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WirelessDevNet.com Press Release
Wi-LAN Signs Multiple V-chip and Wi-Fi Licenses
Ottawa, Canada - Wi-LAN Inc. ("Wi-LAN" or the "Company") (TSX:WIN), a leading technology innovation and licensing company, today announced that it has signed three license agreements for its V-chip technology. The Company has signed license agreements for its U.S. V-chip Patent with Maxmedia Corporation (Maxmedia), Zentech Manufacturing Inc. (Zentech) and Ultima Electronics Corporation (Ultima). These agreements provide for the payment of running royalties for the life of the patent.
In addition, Wi-LAN announced that four companies have entered into license agreements relating to its Wi-Fi patents since February 1, 2008. The agreements stipulate that all terms, including the identity of the licensees, cannot be disclosed in this announcement.
"Our V-chip and wireless licensing teams continue to make steady progress," said Jim Skippen, President & CEO. "These latest agreements further demonstrate that the determined effort of our licensing teams is generating positive results for Wi-LAN in 2008. I am hopeful that our licensing program will continue to build momentum throughout the remainder of the year."
Wi-LAN has a large and growing portfolio of more than 290 issued or pending patents.
About Wi-LAN
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 90 companies. For more information: www.wi-lan.com.
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