Wi-LAN Inc. (TSX: WIN) (“Wi-LAN”), a leading technology licensing company, today announced agreements for Wi-LAN’s Canadian Patent No. 2,179,474 and US Patent No. 5,828,402 with DiBoss Co., Ltd. of South Korea. Wi-LAN also announced a US Patent agreement with Michley Electronics Inc., USA. The running royalty licenses are valid for the life of the patents through 2016.
The Michley and DiBoss licenses move the total number of licenses signed to Wi-LAN V-chip patents to 101. DiBoss, one of the worlds leading suppliers of commercial displays, has moved into the LCD television market in Asia Europe, and most recently North America. Michley Electronics Inc. – a division of Michley Electronics (Shenzhen) Co., Ltd. of China – is a specialized hi-tech enterprise engaged in the development, design, sales and service of portable video systems and set top boxes.
“Our licensing strategy continues to show success both in the digital television market and with manufacturers developing converters that will help the US digital transition. These manufacturers will provide coupon eligible, certified converter boxes to ensure that millions of Americans with older TVs do not lose television capability when US television signals switch from analog to digital technology in 2009,” explained Wi-LAN V-chip President Najmul Siddiqui.
Some of the companies that have already been licensed to Wi-LAN’s Canadian and/or U.S. V-chip Patents include: Falcon Digital, Funai, Hitachi, Humax, Jabil Circuit, JVC, Konka, LG Electronics, Nakamichi, NEC, Panasonic, Philips, Pioneer, Syntax-Brillian, Toshiba and ViewSonic.
“We are very pleased by recent progress made by our V-chip licensing team and look forward to announcing further agreements with other companies in the coming months,” said Wi-LAN President & CEO Jim Skippen.
Wi-LAN, founded in 1992, licenses intellectual property applicable to a full range of products providing access in the communications and consumer electronics markets. Some of the fundamental technologies covered by Wi-LAN’s patents include: CDMA, DOCSIS, DSL, V-chip, Wi-Fi and WiMAX. Wi-LAN has already licensed its intellectual property to a number of the world’s largest companies.