OTTAWA, CANADA--(Marketwire -11/11/11)- Wi-LAN Inc. ("WiLAN" or the "Company") 

(TSX: WIN.TO - News)(NASDAQ: WILN - News) today announced that its Board of 

Directors has approved a Normal Course Issuer Bid ("NCIB") under which the Company 

expects to purchase for cancellation up to $11,500,000 worth of its outstanding 

extendible convertible unsecured subordinated debentures (the "Debentures"), 

being 5% of the $230,000,000 worth of Debentures as of November 9, 2011, 

between November 15, 2011 and January 31, 2012. The Debentures will be 

purchased through the facilities of TSX and the NCIB is subject to obtaining 

requisite regulatory approvals. 

From September 8, 2011 to October 31, 2011, the average daily trading volume 

of the Debentures on TSX was $3,208,405 in aggregate principal amount. 

The Company may purchase daily up to 25% of the average daily trading 

volume of the Debentures, being $802,101 in aggregate principal amount, 

subject to the weekly "block purchase" exemption provided under TSX rules. 

On September 8 and 12, 2011, the Company issued CDN $230 million in 

aggregate principal amount of 6.0% Debentures. The Company issued these 

Debentures in connection with its Offer to acquire MOSAID Technologies 

Incorporated., which expired on November 1, 2011. As a result of the 

expiration of the Offer, the maturity date of the Debentures will be January 31, 2012, 

when the Company will be required to repay in cash the aggregate principal 

amount of Debentures then outstanding together with accrued and unpaid interest. 

The Company will use funds in-hand from the issuance of the Debentures to fund 

this NCIB. The NCIB will not affect WiLAN's net cash balance. The Company expects 

that buying back 5% of the Debentures may reduce interest expense on repayment 

of the Debentures.