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WiLAN Acquires Patents from an Industry Leading Memory Company

07/08/2014

OTTAWA, CANADA--(Marketwired - July 8, 2014) - Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced that one of its subsidiaries has entered into an agreement with a global leader in non-volatile memory to acquire a portfolio of related patents used widely in electronic devices. Ownership of the patents has been transferred to a WiLAN subsidiary, which now has the exclusive right to license the acquired patents.

"We are very excited to have entered into an agreement with a global leader in non-volatile memory. We believe this portfolio contains many valuable patents covering various aspects of non-volatile memory and are optimistic that licensing this acquired portfolio will become an important contributor to the growth of our business," said Jim Skippen, President & CEO. "An increasing number of technology companies are selecting WiLAN as their licensing partner. We will continue to grow our base of future revenues by adding patent portfolios in new technology areas and markets."