WILN PR at 10:01 am ----------- OTTAWA, CANADA --
Post# of 29735
OTTAWA, CANADA -- (Marketwired) -- 12/09/15 -- WiLAN (TSX:WIN)(NASDAQ:WILN) today announced that Vertu Corporation has entered into a multi-year license agreement to WiLAN's wireless patent portfolio including Wi-Fi, Bluetooth, HSPA and LTE-related technologies.
Vertu's handsets are noteworthy for their craftsmanship, luxury performance and technology. Over the years, Vertu has collaborated with world-leading brands such as Bentley, Bang & Olufsen, and Hasselblad.
The royalty amount to be paid to WiLAN and all other terms of the license agreement are confidential.
About WiLAN
WiLAN is one of the most successful patent licensing companies in the world and helps companies unlock the value of intellectual property by managing and licensing their patent portfolios. The Company operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies. Founded in 1992, WiLAN is listed on the TSX and NASDAQ and is included in the S&P/TSX Dividend and Dividend Aristocrats Indexes. 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. 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 2, 2015 annual information form for the year ended December 31, 2014 (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.
For media and investor inquiries, please contact ave Mason
Investor Relations
LodeRock Advisors Inc.
613.688.1693
dave.mason@loderockadvisors.com
Source: WiLAN
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