Paul Richman to Rejoin WiLAN as Senior Advisor to Board and Management
OTTAWA, Canada – June 17, 2014 – Wi-LAN Inc. (“WiLAN” or the “Company”) (TSX:WIN) (NASD: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. |
