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WiLAN Subsidiary Acquires Additional IBM Patents

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OTTAWA, ON, Sept. 30, 2020 /PRNewswire/ - Wi-LAN Inc. ("WiLAN"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today announced that WiLAN's wholly-owned subsidiary, Elpis Technologies Inc., has acquired an additional portfolio of patents from International Business Machines Corporation ("IBM"). The newly acquired patents relate to semiconductor manufacturing process technologies. All other terms of the agreement are confidential.

About WiLAN

WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models.  WiLAN 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 a growth-oriented company in the Intellectual Property and Intelligent Transportation System (ITS) industries. Our goal is to pursue an investment strategy that capitalizes on attractive market trends in both ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarterhill.com

All trademarks and brands mentioned in this release are the property of their respective owners.

Cision View original content:http://www.prnewswire.com/news-releases/wilan-subsidiary-acquires-additional-ibm-patents-301142258.html

SOURCE Wi-LAN Inc.

Quarterhill Inc.

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Telephone Apparatus Manufacturing
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United States of America
Toronto

About QTRHF

quarterhill inc. focuses on acquisition and management of technology companies that provides products and services worldwide. its technology licensing segment includes patents relating to 3d television, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, enhanced image processing, streaming video, non-volatile flash and other memory, semiconductor clocking, led lighting, and various other technologies; automotive headlight assemblies, phased loop semiconductor licensing, microcontrollers applicable to safety-critical aerospace, computer gaming, cmos image sensors, building automation, and smart meter monitoring; and medical, industrial, and automotive applications. the company's intelligent systems segment provides integrated systems and solutions, such as automated truck weigh stations; toll road systems and equipment; traffic management and safety systems; vectorsense, a tire sensor suite; vehicle information-in-motion, a traffic intelligence sys