WiLAN signs 4 new V-Chip licensees

“Since joining the WiLAN team in 2007, Tim has been a very active contributor to our V-Chip licensing activities and ongoing research and development efforts,” said Jim Skippen, Chairman & CEO. “We have licensed our V-Chip technology to 127 companies, many of which are world leading television manufacturers, and we are pleased that unlicensed suppliers and new market entrants are taking licenses.” Millions of V-Chip-enabled TVs and digital TV receivers are sold each year under license to WiLAN’s V-Chip technology. WiLAN’s V-Chip licensees include global television manufacturers and vendors such as Amtran, Bang & Olufsen a/s, Foxconn (Hon Hai Precision Industries), Funai and Sanyo. In addition, WiLAN’s V-Chip technology has been licensed for use in the PC/TV market by Cyberlink Corporation, a leader and pioneer in enabling digital multimedia on PCs. In January 2010, WiLAN initiated litigation alleging fraud and infringement of the Company’s U.S. V-Chip patent against defendant LG Electronics, Inc. WiLAN expects a trial later this year or in early 2012 if an appropriate settlement acceptable to WiLAN is not reached earlier.