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Message: WiLAN and Tongfang Renew Television License

WiLAN and Tongfang Renew Television License

 
12/12/2016
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OTTAWA, CANADA -- (Marketwired) -- 12/12/16 -- WiLAN (TSX:WIN)(NASDAQ:WILN) today announced that the Company and Tongfang Global Ltd. ("Tongfang") have signed a multi-year license renewal agreement covering digital television technology. These technologies include the receiving and processing of broadcast television signals by televisions and the decoding and displaying of video images by televisions.

Tongfang is a leading television manufacturer and is ranked among the top five manufacturers for sales in the United States.

The consideration to be paid to WiLAN and all other terms of the license agreement are confidential.

 

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