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Technology Stocks : Wi-LAN Inc. (T.WIN)
WILN 1.3900.0%Sep 18 5:00 PM EST

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From: xanada7/23/2014 3:24:10 PM
   of 16863
 
WiLAN Enters into License Agreement with Philips
Licensing partnership entered in April 2014 delivers agreement

OTTAWA, Canada – July 23, 2014 – Wi-LAN Inc. (“WiLAN” or the “Company”) (TSX:WIN) (NASD:WILN) today announced that the Company’s subsidiary, Open Network Solutions Inc., has entered into a license agreement with Koninklijke Philips N.V. and Philips Electronics North America Corporation. The licensed patents relate to networking capabilities of non-standard devices.

“WiLAN acquired these patents through a licensing partnership that we signed in April of this year,” said Jim Skippen, President & CEO. “I am pleased with the early progress that we are making in this program.”

The remaining terms of the license agreement are confidential.
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