OTTAWA, March 7, 2018 /CNW/ - Wi-LAN Inc. ("WiLAN"), a
Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (NASDAQ: QTRH), today announced that its wholly-owned subsidiary, Commercial
Copy Innovations Inc., has entered into a settlement and patent license agreement with Ricoh Company, Ltd. ("Ricoh"). The
license covers various printer related technology.
Ricoh is a Japanese multinational imaging and electronics company.
All other terms of the agreement are confidential.
About WiLAN
WiLAN, a Quarterhill company, is one of the most successful patent licensing companies in the world and helps companies unlock
the value of intellectual property by managing and licensing their patent portfolios. The company operates in a variety of
markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.
For more information: www.wilan.com.
About Quarterhill
Quarterhill is focused on the disciplined acquisition, management and growth of companies in dedicated technology areas
including, vertical market software and solutions, intelligent industrial systems, and innovation and licensing.
Quarterhill's emphasis is on seeking out acquisition opportunities at reasonable valuations that provide a foundation for
recurring revenues, predictable cash flows and margins, profitable growth, intimate customer relationships and dedicated
management teams. Quarterhill is listed on the TSX and NASDAQ under the symbol QTRH. For more information: www.quarterhill.com.
Forward-looking Information
This news release contains forward-looking statements and forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995 and other United States and Canadian securities laws.
Forward-looking statements and forward-looking information are based on estimates and assumptions made by Quarterhill in light of
its experience and its perception of historical trends, current conditions, expected future developments and the expected effects
of new business strategies, as well as other factors that Quarterhill believes are appropriate in the circumstances. Many factors
could cause Quarterhill's actual performance or achievements to differ materially from those expressed or implied by the
forward-looking statements or forward-looking information. Such factors include, without limitation, the risks described in its
March 1, 2018 annual information form for the year ended December 31,
2017 (the "AIF"). Copy of the AIF may be obtained at www.sedar.com or www.sec.gov. Quarterhill
recommends that readers review and consider all of these risk factors, and notes that readers should not place undue reliance on
any of Quarterhill's forward-looking statements. Quarterhill has no intention, and undertakes no obligation, to update or revise
any forward-looking statements or forward-looking information, whether as a result of new information, future events or
otherwise, except as required by law.
All trademarks and brands mentioned in this release are the property of their respective owners.
SOURCE Wi-LAN Inc.
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