Paul Richman to Rejoin WiLAN as Senior Advisor to Board and Management
18 June 2014 - 12:28AM
Marketwired
Paul Richman to Rejoin WiLAN as Senior Advisor to Board and
Management
OTTAWA, CANADA--(Marketwired - Jun 17, 2014) - Wi-LAN Inc.
("WiLAN" or the "Company") (TSX:WIN) (NASDAQ:WILN) today announced
that Mr. Paul Richman will be rejoining the company in the capacity
of Senior Advisor to its Board of Directors and its management.
Over the years, Mr. Richman has played a significant role in
developing the growth strategies of Canadian intellectual property
licensing companies, including WiLAN and MOSAID Technologies. In
this regard, Mr. Richman worked closely with WiLAN's CEO, Jim
Skippen, and served on WiLAN's Board of Directors, from shortly
after the company had transformed itself to an intellectual
property licensing organization until he retired from the board in
December of 2009.
Mr. Richman holds a bachelor's degree from the Massachusetts
Institute of Technology and a master's degree from Columbia
University, both in electrical engineering, and is currently
serving as the Chairman and CEO of The Consortium for Technology
Licensing, Ltd., in Nissequogue, New York. Previously, for over
twenty years, he was the President, Chairman and CEO of Standard
Microsystems Corporation (SMSC) of Hauppauge, New York, which was
sold in 2012 to Microchip Technology Inc. of Chandler, Arizona, for
US$939 million. He was also the founder and first employee of
SMSC.
Mr. Richman is the author of numerous articles having to do with
the field of microelectronics and two textbooks, which have been
translated into Japanese, Spanish, Chinese and Russian. He also
holds the basic patent for Coplamos technology, which covers the
use of field-doped, locally-oxidized structures for high-speed,
high-density integrated circuits, such as DRAMs and
microprocessors. In 1982, in recognition of his many different
contributions to the field of electronics, he was elected a Fellow
of the Institute of Electrical and Electronics Engineers (the
IEEE), and has subsequently been awarded the IEEE's Harold A.
Wheeler Award and its Third Millennium Medal.
Mr. Richman and his wife, Ellen, are substantial shareholders in
WiLAN, having recently increased their collective holdings in the
company, and now own 900,000 shares.
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 "will be" 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:
613-697-0367E: tburns@wilan.comwww.wilan.com
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