Wi-LAN Inc.

The Calgary-based telecom technology company will pay $1.8 million by April 30, 2006 in fulfillment of the obligations it breached under an agreement with Technology Partnerships Canada. The announcement was prompted by Wi-LAN's decision to restructure its business, including the acquisition of Ensemble Communications, based in La Jolla, California.

In exchange for the settlement, any intellectual property restrictions on hardware and software developed under the program will be removed as will any further obligations to the government of Canada. (Mar-24-06) [TRADING MARKETS]

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