WiLAN Subsidiary Enters License with Bluegrass Cellular
04 June 2014 - 3:17AM
Marketwired
WiLAN Subsidiary Enters License with Bluegrass Cellular
OTTAWA, CANADA--(Marketwired - Jun 3, 2014) - Wi-LAN Inc.
("WiLAN" or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced
that a WiLAN subsidiary has entered into a license with U.S.-based
wireless carrier, Bluegrass Cellular. The license, which is a
multi-year running royalty agreement, applies to the management of
wireless cellular phone services, including current generation LTE
networks. The terms of the agreement are confidential.
"This license agreement is another important step in our new
network management licensing program," said Jim Skippen, President
& CEO. "Network operator licensees are recognizing the value of
our technology and we are pleased with the progress this program is
making. This agreement was achieved without litigation and that is
always our preference."
The licensed patents relate to fault management and lawful
intercept aspects of network management technologies. The patents
are a subset of the global portfolio of patents and applications
that WiLAN acquired from Siemens AG related to telecommunication
network management and mobile multimedia in July 2012.
The licensed fault management technology helps network operators
provide reliable network connectivity to customers. This provides
significant benefits to network operators including increased
subscriber attraction and retention and service level commitments.
The licensed technology is fundamental to efficient network
operations around the world.
The licensed lawful intercept technology helps network operators
meet legal obligations in a streamlined and efficient manner. By
reducing the overhead associated with meeting these obligations,
the licensed technology helps operators provide a necessary service
with minimal impact on operations and bottom line financial
performance.
About WiLAN
WiLAN, founded in 1992, is a leading technology innovation and
licensing company. WiLAN has licensed its intellectual property to
over 280 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 and 4G
handsets, Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL
infrastructure equipment, cellular base stations and digital TV
receivers. For more information: www.wilan.com.
Forward-looking Information
This news release contains forward-looking statements and
forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995 and other United States
and Canadian securities laws. The phrases "helps network
operators", "meet legal obligations", "helps operators"and similar
terms and phrases are intended to identify these forward-looking
statements. Forward-looking statements and forward-looking
information are based on estimates and assumptions made by WiLAN in
light of its experience and its perception of historical trends,
current conditions, expected future developments and the expected
effects of new business strategies, as well as other factors that
WiLAN believes are appropriate in the circumstances. Many factors
could cause WiLAN's actual performance or achievements to differ
materially from those expressed or implied by the forward-looking
statements or forward-looking information. Such factors include,
without limitation, the risks described in WiLAN's February 3, 2014
annual information form for the year ended December 31, 2013 (the
"AIF"). Copies of the AIF may be obtained at www.sedar.com or
www.sec.gov. WiLAN recommends that readers review and consider all
of these risk factors and notes that readers should not place undue
reliance on any of WiLAN's forward-looking statements. WiLAN has no
intention and undertakes no obligation to update or revise any
forward-looking statements or forward-looking information, whether
as a result of new information, future events or otherwise, except
as required by law.
All trademarks and brands mentioned in this release are the
property of their respective owners.
Tyler BurnsDirector, Investor RelationsO: 613-688-4330C:
613-697-0367tburns@wilan.comwww.wilan.com
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