
By PR Newswire | Article Rating: |
|
February 13, 2013 06:31 AM EST | Reads: |
400 |

WiLAN to assist in licensing Espial's patent portfolio
OTTAWA, Feb. 13, 2013 /CNW/ - Espial® Group Inc. ("Espial" or the "Company"), (TSX: ESP), a leader in on-demand TV software and solutions, today announced that Wi-LAN Inc. ("WiLAN") (TSX:WIN) (NASD:WILN) and Espial have entered into an agreement that will see WiLAN assist Espial in licensing certain of Espial's patents related to video-over-IP technology.
"Espial is a pioneer in delivery and distribution of video-over-IP networks. We have invested significantly in innovation and developed a deep intellectual property portfolio," said Jaison Dolvane, President & CEO, Espial. "We believe our patents are core to our products, which have been commercially deployed in many countries since the early 2000s, and are quite valuable to the advancement of the video-over-IP industry."
Added Dolvane, "WiLAN's proven track record makes WiLAN the right partner to lead the licensing of our patented technologies. We are excited for the opportunity to work with WiLAN."
"We believe Espial has important patented inventions in the growing video-over-IP market," said Jim Skippen, President & CEO, WiLAN. "This partnership brings together two companies with a breadth of experience developing and licensing digital TV technology and we will work to develop a licensing program beneficial to both companies."
WiLAN's subsidiary Gladios IP will assume day-to-day responsibility for developing programs aimed at licensing Espial's patents. Under the terms of the agreement, Espial and WiLAN will share the net revenues generated. All other terms of the agreement are confidential.
About Espial (www.espial.com)
Espial is a leading supplier of digital TV and IPTV software and
solutions to cable MSOs and telecommunications operators as well as
consumer electronics manufacturers. Espial's middleware,
video-on-demand, and browser products power a diverse range of pay-TV
and Internet TV business models. Over 10 million licenses of its
patented software are in use across the world. Espial is headquartered
in Ottawa, Canada and has offices in the United States, Europe, and
Asia. Visit www.espial.com or contact via phone at +1 613 230 4770.
About WiLAN (www.wi-lan.com)
WiLAN, founded in 1992, is a leading technology innovation and licensing
company. WiLAN has licensed its intellectual property to over 260
companies worldwide. Inventions in our portfolio have been licensed by
companies that manufacture or sell a wide range of communication and
consumer electronics products including 3G and 4G handsets,
Wi-Fi-enabled laptops, Wi-Fi and broadband routers, xDSL infrastructure
equipment, cellular base stations and digital television receivers.
WiLAN has a large and growing portfolio of more than 3,000 issued or
pending patents. For more information: www.wilan.com.
Forward Looking Information
This press release contains information that is forward looking
information with respect to Espial within the meaning of Section
138.4(9) of the Ontario Securities Act (forward looking statements) and
other applicable securities laws. In some cases, forward-looking
information can be identified by the use of terms such as "may",
"will", "should", "expect", "plan", "anticipate", "believe", "intend",
"estimate", "predict", "potential", "continue" or the negative of these
terms or other similar expressions concerning matters that are not
historical facts. In particular, statements or assumptions about the
completion of the proposed acquisition of ANT and the timing thereof,
the anticipated synergies of such acquisition, economic conditions,
benefits of new customer and partner relationships, future
opportunities for the company and products and any other statements
regarding Espial's objectives (and strategies to achieve such
objectives), future expectations, beliefs, goals or prospects are or
involve forward-looking information.
Forward-looking information is based on certain factors and assumptions. While the company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking information, by its nature necessarily involves known and unknown risks and uncertainties. A number of factors could cause actual results to differ materially from those in the forward-looking statements or could cause our current objectives and strategies to change, including but not limited to ability to successfully license the patents to third parties, the risk of litigation related to the licensing of the patents, changing conditions and other risks associated with the on-demand TV software industry and the market segments in which Espial operates, competition, Espial's ability to effectively develop its distribution channels and generate increased demand for its products, economic conditions, technological change, unanticipated changes in our costs, regulatory changes, litigation, the emergence of new opportunities, many of which are beyond our control and current expectation or knowledge.
Additional risks and uncertainties affecting Espial can be found in Management's Discussion and Analysis of Results of Operations and Financial Condition for the fiscal year ended December 31, 2011 filed on SEDAR at www.sedar.com. If any of these risks or uncertainties were to materialize, or if the factors and assumptions underlying the forward-looking information were to prove incorrect, actual results could vary materially from those that are expressed or implied by the forward-looking information contained herein and our current objectives or strategies may change. Espial assumes no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.
SOURCE ESPIAL GROUP
Published February 13, 2013 Reads 400
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
![]() Apr. 25, 2018 10:00 PM EDT Reads: 6,928 |
By Liz McMillan ![]() Apr. 25, 2018 09:15 PM EDT Reads: 22,826 |
By Elizabeth White ![]() Apr. 25, 2018 09:15 PM EDT Reads: 4,619 |
By Pat Romanski ![]() Apr. 25, 2018 09:15 PM EDT Reads: 4,199 |
By Elizabeth White ![]() Apr. 25, 2018 09:15 PM EDT Reads: 9,302 |
By Liz McMillan ![]() Apr. 25, 2018 09:15 PM EDT Reads: 17,578 |
By Elizabeth White ![]() Apr. 25, 2018 09:00 PM EDT Reads: 5,116 |
By Maria C. Horton ![]() Apr. 25, 2018 09:00 PM EDT Reads: 13,696 |
By Liz McMillan Apr. 25, 2018 09:00 PM EDT Reads: 2,770 |
By Pat Romanski ![]() Apr. 25, 2018 08:45 PM EDT Reads: 5,017 |
By Elizabeth White ![]() Apr. 25, 2018 08:30 PM EDT Reads: 4,707 |
By Liz McMillan ![]() Apr. 25, 2018 08:15 PM EDT Reads: 6,434 |
By Pat Romanski ![]() Apr. 25, 2018 08:15 PM EDT Reads: 3,791 |
By Elizabeth White ![]() Apr. 25, 2018 08:00 PM EDT Reads: 4,686 |
By Liz McMillan ![]() Apr. 25, 2018 07:45 PM EDT Reads: 6,235 |