Wi-LAN Litigation Update
October 01 2008 - 10:12AM
Marketwired Canada
Wi-LAN Inc. ("Wi-LAN" or the "Company") (TSX:WIN), a leading technology
innovation and licensing company, today provided a litigation update.
Wi-LAN believes that Intel Corporation ("Intel") has filed a claim against
Wi-LAN in the Northern District of California requesting a declaratory judgment
that 18 of Wi-LAN's U.S. patents are invalid and have not been infringed. No
such claim has been served on Wi-LAN. If and when served, Wi-LAN will evaluate
the claim and take appropriate action at that time.
Wi-LAN initiated patent infringement litigation, related to three patents which
Wi-LAN believes are not included in the Intel declaratory judgment claim,
against 22 major companies in two actions on October 31, 2007. Intel is among
19 defendants that remain in these actions.
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
consumer 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 a large and growing portfolio of more than
300 issued or pending patents. Wi-LAN has licensed its intellectual property to
over 140 companies. For more information: www.wi-lan.com.
Forward-looking Information
Certain statements in this release, other than statements of historical fact,
may include forward-looking information that involves various risks and
uncertainties that face the Company; such statements may contain such words as
"may", "would", "could", "will", "intend", "plan", "anticipate", "believe",
"estimate", "expect" and similar expressions, and may be based on management's
current assumptions and expectations related to all aspects of the wireless and
wireline telecommunications industries and the global economy. Risks and
uncertainties that may face the Company include, but are not restricted to:
licensing of the Company's patents can take an extremely long time and may be
subject to variable cycles; the Company is currently reliant on licensees paying
royalties under existing licensing agreements and additional licensing of its
patent portfolio to generate future revenues and increased cash flows; the
Company may be required to establish the enforceability of its patents in court
in order to obtain material licensing revenues; changes in patent laws or in the
interpretation or application of patent laws could materially adversely affect
the Company; a court may determine that certain of the Company's patents are not
infringed by certain standards or products or may disagree with management with
respect to whether one or more of the Company's patents apply to certain
standards or products, which could adversely affect the Company; the Company
will need to acquire or develop new patents to continue and grow its business;
the Company has made and may make acquisitions of technologies or businesses
which could materially adversely affect the Company; the Company may require
investment to translate its intellectual property position into sustainable
profit in the market; the generation of future V-chip revenues and the
likelihood of the Company signing additional V-chip licenses could be
negatively impacted by changes in government regulation; the Company is
dependent on its key officers and employees; and the price of the Company's
common shares is volatile and subject to market fluctuation. These risks and
uncertainties may cause actual results to differ from information contained in
this release, when estimates and assumptions have been used to measure and
report results. There can be no assurance that any statements of
forward-looking information contained in this release will prove to be accurate.
Actual results and future events could differ materially from those anticipated
in such statements. These and all subsequent written and oral statements
containing forward-looking information are based on the estimates and opinions
of management on the dates they are made and expressly qualified in their
entirety by this notice. Except as required by applicable laws, the Company
assumes no obligation to update forward-looking statements should circumstances
or management's estimates or opinions change. Readers are cautioned not to
place undue reliance on any statements of forward looking information that speak
only as of the date of this release. Additional information identifying risks
and uncertainties relating to the Company's business are contained under the
heading "Risk Factors" in Wi-LAN's current Annual Information Form and its other
filings with the various Canadian securities regulators which are available
online at www.sedar.com.
This press release does not constitute an offer to sell or a solicitation of an
offer to buy any securities in the United States.
All trademarks and brands mentioned in this release are the property of their
respective owners.