RALEIGH, N.C., July 29, 2014 (GLOBE NEWSWIRE) -- Adapt IP Ventures LLC announces new patent brokerage partnership with Wi-LAN Inc. ("WiLAN") (TSX:WIN) (Nasdaq:WILN) focused on monetizing a valuable communications and networking patent portfolio. The patent portfolio will offer the acquirer an opportunity to further develop this significant asset to complement a buyer-specific technology roadmap.

"We are excited about our partnership with WiLAN and we believe this substantial patent portfolio will be of considerable interest to technology companies focused improving network access and multimedia delivery across a wide range of wireless technologies," stated Grant Moss of Adapt IP Ventures.

"With a high success rate in closing sale transactions and significant experience marketing a variety of portfolios, including telecommunications and video distribution technologies, to both product and non-product companies, Adapt IP is a strong partner for WiLAN," said Jim Skippen, President & CEO, WiLAN. "We look forward to working with Adapt IP on the sale of this portfolio and potentially additional assets in the future."

Summary of Assets for Sale:

• 150+ patent assets including international patent filings
• 26 patent families
• Numerous patent families are currently under development and being prosecuted
• Forward citations from companies including: Marvel, Nokia, Huawei, Microsoft, Google, Ericsson, Rockstar Bidco and Vishay

Technologies Applicable to:

• Wireless spectrum management / sensing
• Wireless distribution of data and/or video
• Long Term Evolution (LTE), WiMAX, E911, OFDM, whitespace management and Femtocells
• Television / video distribution including location-based management and delivery
• Quality of Service (QoS)
• GPS-based network synchronization
• Data distribution in home networks and home gateways