01 Communique Laboratory Inc. and Wi-LAN Inc. have entered into an agreement that will see WiLAN assist 01 Communique in the licensing of 01 Communique’s patents related to remote access technology for a number of specified licensees.
“Having signed technology license agreements with hundreds of companies, including Broadcom, Intel, LG, Motorola and Samsung, worth many hundreds of millions of dollars, WiLAN has demonstrated superior licensing capabilities,” said Andrew Cheung, President and CEO, 01 Communique. “WiLAN’s proven track record and its strong financial position makes WiLAN an ideal choice to help maximize the revenue that we anticipate can be generated from our patented technology. We are very pleased with the opportunity to work with WiLAN.
Added Cheung, “We have a complete suite of products in the remote access marketplace that have been built using our patented technology and we believe there are companies that are using this patented technology to compete against us.”
“WiLAN has been aware of the 01 Communique patents for some time and believes these are extremely important patents,” said Jim Skippen, Chairman & CEO, WiLAN. “This partnership is very significant to WiLAN and we are confident that we will be able to develop a licensing program that will benefit both 01 Communique and WiLAN. This is especially exciting for WiLAN since it will bring us into new markets.”
Under the terms of the agreement, WiLAN’s subsidiary Gladios IP will have day-to-day responsibility for developing programs aimed at licensing 01 Communique’s patents.