WiLAN Enters Royalty License Agreement with Kith Consumer Products
(Benzinga Lightning Feed Via Acquire Media NewsEdge) Wi-LAN (NASDAQ: WILN) today announced that Kith Consumer Products Inc. ("Kith") has signed a multi-year running royalty license agreement for certain technologies in the Company's Digital TV and Display patent portfolio. The terms of the agreement are confidential.Headquartered in Chino, CA, Kith is a leading provider of high definition LCD/LED televisions and digital set top boxes with distribution to thousands of retailers in North America.WiLAN has over 1,400 patents that relate to Digital TV and Display technology.About WiLANWiLAN, founded in 1992, is a leading technology innovation and licensing company. WiLAN has licensed its intellectual property to over 260 companies worldwide. Inventions in our portfolio have been licensed by companies that manufacture or sell a wide range of communication and consumer electronics products including 3G and 4G handsets, Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL infrastructure equipment, cellular base stations and digital TV receivers. WiLAN has a large and growing portfolio of more than 3,000 issued or pending patents. For more information: www.wilan.com.All trademarks and brands mentioned in this release are the property of their respective owners.FOR FURTHER INFORMATION PLEASE CONTACT: Tyler BurnsDirector, Investor RelationsO: 613-688-4330C: email@example.com
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