Calgary, Alberta
November 7, 2000 Wi-LAN Inc. (TSE:WIN), an innovator of high-speed wireless data/Internet communications, announced that due to recent market activity, the company's management is commenting on the Government of Alberta (GOA) SUPERNET Initiative, the status of 4G Network Technologies Inc., and recent OFDM Forum activities. Government of Alberta SUPERNET Initiative: Last week, the Government of Alberta announced it is moving ahead to contract a consortium of leading global and technology companies headed by Bell Canada companies to build and implement a high-speed broadband Internet network that will connect the province's communities, leading institutions, hospital facilities, and libraries. Wi-LAN is supplying the wireless solution in this network due to its ability to extend cost effective high-speed connectivity to underserved Alberta locations.The company's suite of products will extend off the large fibre backbone to furnish the wireless component of the proposed project. Wi-LAN's solution will also help to overcome many of the geographical hurdles present in reaching some of the remote, rural communities within Alberta. Wi-LAN's solutions were chosen because of their high speed, cost-effectiveness and quick deployment capabilities. Bell has stated the network investment is $300 million; the GOA's SUPERNET website states that 5 percent of the network is planned to be wireless (www.gov.ab.ca/is/supernet/faq5.html). "This high-speed broadband Internet network is the launch-pad for Wi-LAN's network reach in 2001," said David Bocking vice president Canadian sales. "An open fibre network allows internet service providers and entire communities to jump on board. This is an excellent opportunity for Wi-LAN to extend its product into even more regions around the province and serves as a model for the rest of Canada." 4G Network Technologies (4GNT):
Wi-LAN announced a supply agreement with 4G Network Technologies "a developmental stage company created to deploy an advanced wireless broadband network" as per Wi-LAN's press release of June 7, 2000. 4GNT will use Wi-LAN's I.WiLL System and Hopper Plus(tm) products to construct a national US and international broadband wireless network. To date it has been business as usual with 4GNT. Wi-LAN shipped over three quarters of a million dollars worth of product to 4GNT in the 12 months ended October 31. Regarding the timing of 4GNT's financing, Wi-LAN continues to monitor creditworthiness as it does all of its customers. Wi-LAN earned its ownership in 4GNT through product development activities that were already planned. Wi-LAN did not invest cash to acquire ownership in 4GNT. Wi-LAN's press release of the supply agreement on June 7 was in line with proper disclosure requirements reporting from the original contract. "To date, 4GNT has secured adequate financing to meet its original delivery schedule," said Hatim Zaghloul Wi-LAN chairman and CEO. " As with any customer we are pleased to be working with those deploying their networks and paying on time." OFDM Forum:
Following its meeting held in Tampa, FL last week, the OFDM Forum, an association organized to promote a single OFDM technology-based standard around the world, announced that its Fixed Wireless Access Working Group has submitted a physical layer proposal using orthogonal frequency division multiplexing (OFDM) technology, which will be presented to the Institute of Electrical and Electronics Engineers (IEEE)'s 802.16.3 subcommittee at the IEEE's meetings later this week.The proposal was prepared and is endorsed by representatives from the following companies: Alcatel, Ericsson, 4G Network Technologies, Intersil, IoWave Inc., Ishoni Networks Ltd., nBand Communications, Nokia, Pacific Broadband Communications, Sasken Communication Technologies (formerly Silicon Automation Systems), Solectek Corporation, SiWorks, TIL-TEK Antennas, and Wi-LAN. By working together, these companies have demonstrated the importance of OFDM technology to the future of the high-speed wireless industry as well as the industry's commitment to establishing a standard that will enable reduced costs to implement, manufacture, and sell wireless products for the consumer market.The alternative would be a proposal submission from Wi-LAN without industry support. Wi-LAN applauds the OFDM Forum's drive to create global OFDM-based standards. The current proposal to the IEEE 802.16.3 is a variation of the IEEE 802.11a; a standard which is, in Wi-LAN's view, based on W-OFDM technology. Regarding Forum activities and potential opportunities for Wi-LAN, the company believes the September 27 agreement with a major OFDM Forum member is a direct result of the professional relationships established as a result of participation in the Forum. Other Recent Events:
Wi-LAN would like to clarify its position in today's Globe and Mail article, regarding the company's $94 share price in March.Dr. Hatim Zaghloul was asked to describe how he felt about the share price and its effect on his personal wealth at the time. He remarked that the increase in share price in March was not in direct response to company press releases and hence could not have reflected company performance, but rather the increase was part of the upward momentum of the overall market.
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