WiLAN and Aluratek Renew Wireless Technology License Agreement
OTTAWA, Canada – August 14, 2014 – Top licensing company, WiLAN (TSX:WIN) (NASD:WILN), today announced that Aluratek, Inc. (“Aluratek”) and WiLAN have signed a patent license renewal agreement pursuant to which Aluratek receives a multi-year running royalty license to certain wireless technologies. Terms of the renewal agreement are confidential.
WiLAN first signed a patent license agreement with Aluratek in the first quarter of 2009. Aluratek, founded in 2006, is headquartered in Irvine, California. Aluratek offers a range of consumer electronic products including Bluetooth audio products, mobile power and charging products and USB video products. For more information on Aluratek, please visit www.aluratek.com.
WiLAN also announced the renewal of a license agreement for Wi-Fi-related technologies, signed in the first quarter of 2009, by an undisclosed licensee. The identity of the licensee and terms of the renewal agreement are confidential.
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