Wi-LAN Board Approves Plan for Normal Course Issuer Bid

OTTAWA, CANADA - (Marketwire - Oct. 6, 2008) - Wi-LAN Inc. ("Wi-LAN" or the "Company") (TSX:WIN), a leading technology innovation and licensing company, today announced that its Board of Directors has approved the adoption of a stock buyback program under which the Company expects to purchase up to 5% of its issued and outstanding common shares ("Shares") over a six month period following receipt of regulatory approval through a normal course issue bid over the facilities of the Toronto Stock Exchange ("TSX"). The stock buyback program is subject to obtaining requisite regulatory approvals including filing notice with the TSX. "Wi-LAN's Board and Management believe that executing an issuer bid is an important demonstration of the confidence we have in our business and our belief that the value of Wi-LAN is not adequately... [read full story]