Revolution Lighting Technologies Reports Q3 2013 Financial Results

– Reported Revenues of $5.3 million –
– Gross Margin at 26% –
– Negative Adjusted EBITDA of $1.8 million –
– Cash Balance of $5.8 million at Quarter End –

Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting”), a leader in advanced LED lighting technology, today announced financial results for the quarter ended September 30, 2013.

“We are pleased with the results for the quarter which were in line with our expectations and continue to show solid year over year revenue growth,” Robert V. LaPenta, Chairman and Chief Executive Officer of Revolution Lighting Technologies.

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WiLAN to Explore Strategic Alternatives

Wi-LAN Inc. ("WiLAN" or the "Company") (WIN.TO)(WILN) today announced that its Board of Directors has initiated a process to explore and evaluate a broad range of strategic alternatives for the Company to enhance shareholder value.

The Company strongly believes in its current business strategy but does not believe that its current share price accurately reflects its strong balance sheet, the value of its signed license agreements, its business prospects or the residual value of its broad intellectual property portfolio.

Strategic alternatives to be considered may include changes to the Company's dividend policy or other forms of return of capital to shareholders, the acquisition or disposition of assets, joint ventures, the sale of the Company, alternative operating models or continuing with the current business plan, among other potential alternatives.

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WiLAN and Sierra Wireless Reach Agreement to Settle Litigations

Wi-LAN Inc. ("WiLAN" or the "Company") (WIN.TO)(WILN) today announced that WiLAN and Sierra Wireless Inc. ("Sierra Wireless") have signed a binding memorandum of understanding in which Sierra Wireless has agreed to enter into a multi-year license to WiLAN's patent portfolio. As part of the agreement, all litigations between WiLAN and Sierra Wireless and its subsidiaries will be resolved.

WiLAN expects a definitive agreement to be executed by the end of October 2013. Specific financial terms of the agreement reached are confidential.

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WiLAN and Alcatel-Lucent Enter into License Agreement and Settle all Litigations

Wi-LAN Inc. ("WiLAN" or the "Company") (WIN.TO) (WILN) today announced that WiLAN has entered into a patent license agreement and settled all pending patent litigations with Alcatel-Lucent USA Inc. ("Alcatel-Lucent"). Under the license agreement, Alcatel-Lucent has been granted a multi-year license to certain WiLAN patents related to wireless products in consideration for which Alcatel-Lucent will make a series of payments to WiLAN throughout the term of the license. The parties have agreed to settle all pending litigations in the United States District Courts for the Southern District of Florida and the Eastern District of Texas involving CDMA, 3GPP, HSPA, Wi-Fi and LTE technologies.

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Samsung renews wireless license agreement

Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced that WiLAN and Samsung Electronics Co., Ltd. ("Samsung") have entered into a broad long-term license renewal to WiLAN's patents for Samsung's wireless mobile products and networking infrastructure equipment. The agreement further includes patent assignments.

Under the license agreement, WiLAN grants Samsung a license to its patents for wireless mobile products, such as handsets, tablets, laptops, and networking infrastructure equipment. This new license renews the previous license covering wireless products but adds significantly greater patent scope and term of years. All other terms of the license agreement are confidential.

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