Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced that its Board of Directors has approved the adoption of a normal course issuer bid ("NCIB") to purchase for cancellation up to 11,847,430 issued and outstanding common shares ("Shares") representing approximately 10% of the 118,474,299 Shares in the public float as of February 28, 2013 through the facilities of the Toronto Stock Exchange ("TSX").

The NCIB is subject to obtaining requisite regulatory approvals including filing notice with the TSX. The NCIB is expected to commence on March 11, 2013 after WiLAN receives regulatory approval and will expire on March 10, 2014.

As of February 28, 2013 the total number of issued and outstanding Shares was 118,474,299. The average daily trading volume for the six months ending on February 28, 2013 was 249,217 Shares. Daily purchases will be limited to 62,304 Shares, other than block purchase exceptions. During any of the Company's blackout periods, purchases under the NCIB may continue under an automatic securities purchase plan established by WiLAN with its broker.

WiLAN and its Board of Directors believe that this NCIB is in the best interests of its shareholders and the repurchases made under this NCIB will be made, in part, to offset the dilutive effect of Shares expected to be issued upon the exercise of stock options under the Company's stock option plan.

The actual number of Shares purchased, the timing of purchases and the price at which the Shares are bought will depend on future market conditions and on potential alternative uses for WiLAN's cash resources. Any purchases will be subject to trading restrictions and will be made by WiLAN at the prevailing market price of the Shares at the time of purchase.

For the past twelve months, WiLAN has repurchased an aggregate of 950,000 Shares at a weighted average price of $5.1848 per Share.