[May 16, 2013] WiLAN Issues Wireless License to Telrad Networks Tweet (Benzinga Lightning Feed Via Acquire Media NewsEdge) Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN) (NASDAQ: WILN) today announced that Telrad Networks Inc. ("Telrad Networks" or "Telrad") has taken a license to WiLAN's wireless patent portfolio including LTE-related technologies. The license grants royalty bearing rights covering Telrad Networks' worldwide sales of all WiMAX and LTE telecommunications equipment. All other terms of the license agreement are confidential. "We are pleased to include Telrad Networks, a leader in the area of telecommunications network equipment and deployment services, as one of WiLAN's licensees," said Andrew Parolin, Senior Vice President, Licensing. "We worked quickly and effectively with Telrad's management to conclude this agreement, allowing them to integrate a newly purchased business unit. We look forward to working with them in the future to collaborate on patent acquisition or partnering matters." Telrad is an established telecom equipment vendor and services company that has been providing communications products and services used by millions of end-users worldwide. The company combines a high level of technological experience gathered in decades of dedication to customer service with expertise in developing products in the areas of IP NGN soft switches, media gateways, Transport solutions in the optical and metro networks, enterprise, See full press release (c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. [ Back To TMCnet.com's Homepage ]