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Wi-LAN Enters License Agreement with Matsushita Electric Matsushita licenses Wi-LAN technology for use in Panasonic computers
OTTAWA, Canada – November 7, 2007 – Wi-LAN Inc. today announced that it has signed a five year licensing agreement with Matsushita Electric Industrial Co., Ltd. (“Matsushita”) of Osaka, Japan relating to Wi-LAN’s CDMA and Wi-Fi patents. Under the terms of the agreement, the consideration from Matsushita will include a per unit amount on all Panasonic notebook computers utilizing Wi-Fi or CDMA technologies which are sold in North America while the relevant patents are in effect. Matsushita, best known for its Panasonic brand, is a worldwide leader in the development and manufacture of electronics and digital communications products for a wide range of consumer, business, and industrial needs. “We are pleased to have licensed Matsushita for the use of Wi-LAN’s intellectual property within its highly acclaimed Panasonic computers,” said Jim Skippen, President & CEO for Wi-LAN. “Matsushita and Fujitsu, which are two of the top ten notebook vendors in the U.S., have now licensed our technology for use in their notebook computers. We look forward to licensing the remaining notebook vendors to our wireless technologies.” Wi-LAN, founded in 1992, licenses intellectual property that applies to a full range of 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 licensed its intellectual property to a growing number of companies around the world. For more information: www.wi-lan.com.
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