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14th Annual Needham Growth Conference

January 11, 2012

Jim Skippen, Chairman & CEO
SAFE HARBOUR

This presentation may include predictions, estimates or other information relating to Wi-LAN Inc and its affiliates that
might be considered forward-looking, including statements constituting “forward-looking statements” or “forward-looking
information” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other United
States and Canadian laws. These forward-looking statements and forward-looking information are based upon current
                                                     g                                g                         p
expectations and assumptions regarding anticipated developments and other factors affecting Wi-LAN Inc. and its
affiliates. They are not historical facts, nor are they guarantees of future performance. Because these forward-looking
statements and forward-looking information involve risks and uncertainties, there are important factors that could cause
actual results to differ materially from those expressed or implied by these forward-looking statements and forward-
looking information. There can be no assurance that any forward-looking statements and forward-looking information
contained i thi d
     t i d in this document will prove t b accurate. A t l results and f t
                             t ill        to be        t Actual     lt     d future events could diff materially f
                                                                                        t     ld differ t i ll from th
                                                                                                                    those
anticipated in such statements.

These and all subsequent written and oral statements containing forward-looking statements and forward-looking
information are based on the estimates and opinions of management on the dates they are made and expressly
qualified in their entirety by this notice Except as required by applicable laws Wi-LAN Inc. assumes no obligation to
                                    notice.                                 laws,           Inc
update forward-looking statements should circumstances or management's estimates or opinions change. Readers are
cautioned not to place undue reliance on any statements of forward-looking information that speak only as of the date
of this presentation. Additional information identifying risks and uncertainties relating to Wi-LAN Inc.’s business are
contained under the heading “Risk Factors” in Wi-LAN Inc.’s August 3, 2011 Management’s Discussion and Analysis
and its other filings with the various Canadian securities regulators which are available online at www.sedar.com and
                   g                                          g
with the U.S. Securities and Exchange Commission available at www.sec.com. Throughout today’s presentation, we will
attempt to present some important factors relating to our business that may affect our predictions. You should also
review our SEDAR and SEC filings for a more complete discussion of our risk factors.

Unless otherwise noted, all dollar amounts are in U.S. currency.




                                       TSX:WIN / NASD:WILN                                                        2
PATENTS AS AN ASSET CLASS


• Growing awareness of the value of patents


      July 2, 2011, Wall Street Journal                           August 15, 2011, National Post




• C
  Companies exploring h
        i      l i how t unlock value
                        to l k l


                                                         July 21, 2011, Wall Street Journal
                       July 19, 2011, Reuters




                                   TSX:WIN / NASD:WILN                                 3
ABOUT WiLAN

       • US $730M market capitalization (Jan. 6, 2012)

       • Revenues: licensing large patent portfolio

       • Established business model
                                              Annual Revenues

            Qualcomm                       IBM         InterDigital   Tessera
              $4B                           $2B           $300M        $300M

               Rambus                     Acacia         WiLAN         RPX
                $300M                     $130M          $105M*       $100M
* Fiscal 2011 financial guidance in US$




                                             TSX:WIN / NASD:WILN                4
WORLD CLASS TEAM – LEADERSHIP
      Jim Skippen             • 25 years licensing, $1B patent licensing
         CEO                  • Mosaid, Borden Elliot
     Shaun McEwan             • 20 years financial and executive leadership
         CFO                  • Breconridge, Calian
      Paul Lerner             • 25 years IP law and licensing
  Senior Legal Counsel        • GPC, Black & Decker, ABB
     Andrew Parolin           • 17 years engineering, marketing and licensing
     SVP Licensing            • SIGE Semiconductor, Nortel
      Daniel Henry            • 15 years IP business and litigation
VP Business Development       • ICAP Altitude Capital Baker Botts
                                ICAP,         Capital,
      Matt Pasulka            • 14 years corporate and IP law
   VP Patent Litigation       • AGA Medical, Sikorsky Aircraft, Martin Marietta
       Rob Scott              • 15 years international patent law
VP Patent Administration      • Registered U.S. Patent Attorney
     Christian Dubuc          • 15 years engineering, marketing and licensing
VP Licensing Technologies     • Nortel, Communications Research Centre



                            TSX:WIN / NASD:WILN                                   5
WORLD CLASS TEAM – MULTIPLE DISCIPLINES

                        Education and Designations*
                        Engineers                                                                                              32
                        Masters/PhDs                                                                                           27
                        Lawyers                                                                                                9
                        MBAs                                                                                                   2
                        Patent Agents                                                                                          6
                        Accountants                                                                                            2

           • 55 employees, highest revenue/employee of any
             Canadian public high-tech company ($2M+)
* Indicates # of employees with given education/designation not # of employees serving in specific role, at October 25, 2011




                                                                         TSX:WIN / NASD:WILN                                        6
GROWING & DIVERSE PATENT PORTFOLIO
                                                     3000



                                                                 Technology          Patents
                                                                                     Patents*
                                                            Wireless Communication    1000+

                                               970          Wireline Communication    300+
                                      750

                      280      300                            Digital TV & Display    1500+
     20                                                              Other             200
  2006              2007       2008   2009    2010   2011
* Issued and pending patents




                                             TSX:WIN / NASD:WILN                         7
LICENSING EXCELLENCE


• Over 250 companies licensed

• Major litigations settled in early 2011
  • Signed license agreements worth 100s of $M




  • WiLAN h d
           has demonstrated it can use liti ti t
                       t t d           litigation to
    enforce its rights


                  TSX:WIN / NASD:WILN                  8
STRONG REVENUE GROWTH



                              30%+
                                Annual Cash Revenue
                                                                                    $105M*




                                Growth

                                                                          $ 50.7M

                                                                $ 35.4M
                                                      $ 26.6M
                                          $19.2 M+

                                 $ 2.1M

                              2006        2007        2008      2009      2010      2011
+ Cash revenues
* Fiscal 2011 financial guidance in US$




                                                     TSX:WIN / NASD:WILN                     9
POSITIVE EARNINGS

   Dramatic earnings+ growth in 2011 due to litigation settlements
                                                                                                                                                              $70M*




                                                                                                  $9M
                                                                           $4.8M                                      $2.5M
                                                                                                                      $2 5M                 $5M

                                                     ($1.4M!)
            ($5.9M)

                                ($23.9M)

               2004                 2005                  2006                   2007                 2008                 2009                  2010                 2011
! Continuing operations
* Fiscal 2011 financial guidance in US$
+ Adjusted Earnings are earnings from continuing operations before stock-based compensation expense, depreciation & amortization expense, interest expense, unrealized foreign exchange
gains or losses, provision for income taxes and certain other non-cash, one-time, or non-recurring charges.




                                                                     TSX:WIN / NASD:WILN                                                                                     10
STRONG FINANCIAL POSITION

       Net cash*                                                $ 197 M
       Long-term debt+
       Long term                                                      $0
       Deferred tax asset                                         $25 M                            Listed on NASDAQ Global Select Market
       Annual dividend                                      CDN $0.10




 All figures in $US unless otherwise indicated
* At September 30, 2011
+ Excludes net proceeds from convertible debenture scheduled to be repaid 01/31/12 which was listed as long-term debt in Wi-LAN Inc. 2011 Third Quarter Consolidated Financial Results Interim
  Report




                                                                       TSX:WIN / NASD:WILN                                                                                      11
WILAN HAS JUST BEGUN – FIVE YEAR STRATEGY


• Increase revenue to $200M+
  • Current programs
  • Gladios IP – licensing partnerships
  • New programs (acquisitions, R&D)
                    (acquisitions




                  TSX:WIN / NASD:WILN     12
WILAN HAS JUST BEGUN – FIVE YEAR STRATEGY


• Deliver strong earnings while investing in:
  •   Enforcement
  •   Portfolio growth
  •   Operations and team
  •   Research and development
  •   Licensing programs and capability




                   TSX:WIN / NASD:WILN          13
REVENUE DRIVERS - CURRENT PROGRAMS
                                                       Today                                                                                 Future




                      2010 Device Sales:                                                                                          2014 Device Sales:
                                                                      2010 Device Sales:
                      Over $100B (WW)                                                                                              Over $25B (WW)
                                                                      Over $140B (WW)


                                                                                        3G


                      2010 Device Sales:                                2010 Device Sales:
                       Over $26B (NA)                                   Over $100B (WW)


                  Incremental Revenue Opportunity: $700M to $1.3B*
Sources: Display Search, Dell’Oro, Strategy Analytics, IDC, WiLAN
* Estimate considers unit volumes of infringing products, wholesale value of infringing products, fair royalty rates, remaining patent lives. Not an estimate of potential annual revenues




                                                                         TSX:WIN / NASD:WILN                                                                                            14
REVENUE DRIVERS - LICENSE OPPORTUNITIES

New Licenses        Products             Renewed/Expanded Licenses      Products


               Cellular infrastructure                               Digital televisions
                                                                       g


                 Cellular handsets                                   Cellular handsets


                                                                     Cellular handsets
               Cellular infrastructure

                                                                     Cellular handsets
                 Cellular handsets

                                                                     Digital televisions
                 Cellular handsets


                 Cellular handsets


                DSL infrastructure


                 Digital televisions




                              TSX:WIN / NASD:WILN                                   15
SIGNIFICANT LITIGATIONS

Technology    Devices    Remaining            Agreements      Phase                           Timeline
                         Defendants           / Settlements
                                                                          2011        2012       2013             2014
                                                                                                   -
                                                              Summary
V-Chip        DTV        LG                                   Judgment
                                                                                 (Expected June 2012)


3GPP          Cellular   Alcatel-Lucent,       LG             Discovery
              Base       Ericsson,
                         Sony Ericsson,                                                         (April 8, 2013)
              Stations   HTC



Wi-Fi, CDMA   Cellular   Apple,                               Initial
              Handsets   Alcatel-Lucent,                      Pleadings                                   (March 10, 2014)
                         Dell, HP,
                         HTC, Kyocera,
                         Novatel Wireless
                                  Wireless,
                         Sierra Wireless




                                           TSX:WIN / NASD:WILN                                                     16
REVENUE DRIVERS – GLADIOS IP


• WiLAN subsidiary

• Partnerships to generate additional revenue
  with limited risk and investment

• S partnerships to date
  Six
          Remote Access       Internet Advertising
          On-line Gambling   Networking Technology
          On-line Gaming      Internet Connectivity


                  TSX:WIN / NASD:WILN                 17
NEW PROGRAMS - PATENT ACQUISITIONS

• Significant financial resources on hand – $190M+

• Proven ability to acquire undervalued assets

     DOCSIS patent

     Bluetooth patents

      Wireless patents



                  TSX:WIN / NASD:WILN            18
PATENT ACQUISITIONS




             TSX:WIN / NASD:WILN   19
RESEARCH AND DEVELOPMENT


• R&D drives future revenue prospects
  and business opportunities

• Next generation wireless technology
  • Spectrum sensing in Whitespace
  • LTE in picocell networks




                   TSX:WIN / NASD:WILN   20
Q3 2011 – HIGHLIGHTS

         • Revenue of $27.8M, up 147% year-over-year

         • Adjusted earnings* of $22.8M, compared to $0.9M in
           Q3 2010

         • Quarterly dividend of CDN $0.025 per share




* Adjusted Earnings are earnings from continuing operations before stock-based compensation expense, depreciation & amortization expense, interest expense, unrealized foreign exchange
gains or losses, provision for income taxes and certain other non-cash, one-time, or non-recurring charges.




                                                                     TSX:WIN / NASD:WILN                                                                                      21
ANALYST COVERAGE




  All analysts have buy recommendations
    Analyst                     Rating              Target
    Byron Capital Markets       Buy                   CDN$7
    Canaccord G
    C       d Genuity
                  it            Buy
                                B                    CDN$10
    Craig-Hallum Capital        Buy                      $15
    CIBC                        Sector Outperform    CDN$10
    Davenport & Co              Buy                      $11
    Fraser Mackenzie            Strong Buy           CDN$14
    Northland Capital           Sector Outperform    CDN$11
    Paradigm Capital            Buy                  CDN$11
    Versant Partners            Buy                 CDN$8.40
                                                    CDN$8 40



                            TSX:WIN / NASD:WILN                22
CONCLUSION


• Significant value generated over last five years

• Just beginning to realize business potential

• Five year growth strategy to drive long-term
  and sustained increase in shareholder value


      VALUE                  GROWTH
                 TSX:WIN / NASD:WILN             23

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Annual Needham Growth Conference

  • 1. 14th Annual Needham Growth Conference January 11, 2012 Jim Skippen, Chairman & CEO
  • 2. SAFE HARBOUR This presentation may include predictions, estimates or other information relating to Wi-LAN Inc and its affiliates that might be considered forward-looking, including statements constituting “forward-looking statements” or “forward-looking information” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other United States and Canadian laws. These forward-looking statements and forward-looking information are based upon current g g p expectations and assumptions regarding anticipated developments and other factors affecting Wi-LAN Inc. and its affiliates. They are not historical facts, nor are they guarantees of future performance. Because these forward-looking statements and forward-looking information involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements and forward- looking information. There can be no assurance that any forward-looking statements and forward-looking information contained i thi d t i d in this document will prove t b accurate. A t l results and f t t ill to be t Actual lt d future events could diff materially f t ld differ t i ll from th those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking statements and forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice Except as required by applicable laws Wi-LAN Inc. assumes no obligation to notice. laws, Inc update forward-looking statements should circumstances or management's estimates or opinions change. Readers are cautioned not to place undue reliance on any statements of forward-looking information that speak only as of the date of this presentation. Additional information identifying risks and uncertainties relating to Wi-LAN Inc.’s business are contained under the heading “Risk Factors” in Wi-LAN Inc.’s August 3, 2011 Management’s Discussion and Analysis and its other filings with the various Canadian securities regulators which are available online at www.sedar.com and g g with the U.S. Securities and Exchange Commission available at www.sec.com. Throughout today’s presentation, we will attempt to present some important factors relating to our business that may affect our predictions. You should also review our SEDAR and SEC filings for a more complete discussion of our risk factors. Unless otherwise noted, all dollar amounts are in U.S. currency. TSX:WIN / NASD:WILN 2
  • 3. PATENTS AS AN ASSET CLASS • Growing awareness of the value of patents July 2, 2011, Wall Street Journal August 15, 2011, National Post • C Companies exploring h i l i how t unlock value to l k l July 21, 2011, Wall Street Journal July 19, 2011, Reuters TSX:WIN / NASD:WILN 3
  • 4. ABOUT WiLAN • US $730M market capitalization (Jan. 6, 2012) • Revenues: licensing large patent portfolio • Established business model Annual Revenues Qualcomm IBM InterDigital Tessera $4B $2B $300M $300M Rambus Acacia WiLAN RPX $300M $130M $105M* $100M * Fiscal 2011 financial guidance in US$ TSX:WIN / NASD:WILN 4
  • 5. WORLD CLASS TEAM – LEADERSHIP Jim Skippen • 25 years licensing, $1B patent licensing CEO • Mosaid, Borden Elliot Shaun McEwan • 20 years financial and executive leadership CFO • Breconridge, Calian Paul Lerner • 25 years IP law and licensing Senior Legal Counsel • GPC, Black & Decker, ABB Andrew Parolin • 17 years engineering, marketing and licensing SVP Licensing • SIGE Semiconductor, Nortel Daniel Henry • 15 years IP business and litigation VP Business Development • ICAP Altitude Capital Baker Botts ICAP, Capital, Matt Pasulka • 14 years corporate and IP law VP Patent Litigation • AGA Medical, Sikorsky Aircraft, Martin Marietta Rob Scott • 15 years international patent law VP Patent Administration • Registered U.S. Patent Attorney Christian Dubuc • 15 years engineering, marketing and licensing VP Licensing Technologies • Nortel, Communications Research Centre TSX:WIN / NASD:WILN 5
  • 6. WORLD CLASS TEAM – MULTIPLE DISCIPLINES Education and Designations* Engineers 32 Masters/PhDs 27 Lawyers 9 MBAs 2 Patent Agents 6 Accountants 2 • 55 employees, highest revenue/employee of any Canadian public high-tech company ($2M+) * Indicates # of employees with given education/designation not # of employees serving in specific role, at October 25, 2011 TSX:WIN / NASD:WILN 6
  • 7. GROWING & DIVERSE PATENT PORTFOLIO 3000 Technology Patents Patents* Wireless Communication 1000+ 970 Wireline Communication 300+ 750 280 300 Digital TV & Display 1500+ 20 Other 200 2006 2007 2008 2009 2010 2011 * Issued and pending patents TSX:WIN / NASD:WILN 7
  • 8. LICENSING EXCELLENCE • Over 250 companies licensed • Major litigations settled in early 2011 • Signed license agreements worth 100s of $M • WiLAN h d has demonstrated it can use liti ti t t t d litigation to enforce its rights TSX:WIN / NASD:WILN 8
  • 9. STRONG REVENUE GROWTH 30%+ Annual Cash Revenue $105M* Growth $ 50.7M $ 35.4M $ 26.6M $19.2 M+ $ 2.1M 2006 2007 2008 2009 2010 2011 + Cash revenues * Fiscal 2011 financial guidance in US$ TSX:WIN / NASD:WILN 9
  • 10. POSITIVE EARNINGS Dramatic earnings+ growth in 2011 due to litigation settlements $70M* $9M $4.8M $2.5M $2 5M $5M ($1.4M!) ($5.9M) ($23.9M) 2004 2005 2006 2007 2008 2009 2010 2011 ! Continuing operations * Fiscal 2011 financial guidance in US$ + Adjusted Earnings are earnings from continuing operations before stock-based compensation expense, depreciation & amortization expense, interest expense, unrealized foreign exchange gains or losses, provision for income taxes and certain other non-cash, one-time, or non-recurring charges. TSX:WIN / NASD:WILN 10
  • 11. STRONG FINANCIAL POSITION Net cash* $ 197 M Long-term debt+ Long term $0 Deferred tax asset $25 M Listed on NASDAQ Global Select Market Annual dividend CDN $0.10 All figures in $US unless otherwise indicated * At September 30, 2011 + Excludes net proceeds from convertible debenture scheduled to be repaid 01/31/12 which was listed as long-term debt in Wi-LAN Inc. 2011 Third Quarter Consolidated Financial Results Interim Report TSX:WIN / NASD:WILN 11
  • 12. WILAN HAS JUST BEGUN – FIVE YEAR STRATEGY • Increase revenue to $200M+ • Current programs • Gladios IP – licensing partnerships • New programs (acquisitions, R&D) (acquisitions TSX:WIN / NASD:WILN 12
  • 13. WILAN HAS JUST BEGUN – FIVE YEAR STRATEGY • Deliver strong earnings while investing in: • Enforcement • Portfolio growth • Operations and team • Research and development • Licensing programs and capability TSX:WIN / NASD:WILN 13
  • 14. REVENUE DRIVERS - CURRENT PROGRAMS Today Future 2010 Device Sales: 2014 Device Sales: 2010 Device Sales: Over $100B (WW) Over $25B (WW) Over $140B (WW) 3G 2010 Device Sales: 2010 Device Sales: Over $26B (NA) Over $100B (WW) Incremental Revenue Opportunity: $700M to $1.3B* Sources: Display Search, Dell’Oro, Strategy Analytics, IDC, WiLAN * Estimate considers unit volumes of infringing products, wholesale value of infringing products, fair royalty rates, remaining patent lives. Not an estimate of potential annual revenues TSX:WIN / NASD:WILN 14
  • 15. REVENUE DRIVERS - LICENSE OPPORTUNITIES New Licenses Products Renewed/Expanded Licenses Products Cellular infrastructure Digital televisions g Cellular handsets Cellular handsets Cellular handsets Cellular infrastructure Cellular handsets Cellular handsets Digital televisions Cellular handsets Cellular handsets DSL infrastructure Digital televisions TSX:WIN / NASD:WILN 15
  • 16. SIGNIFICANT LITIGATIONS Technology Devices Remaining Agreements Phase Timeline Defendants / Settlements 2011 2012 2013 2014 - Summary V-Chip DTV LG Judgment (Expected June 2012) 3GPP Cellular Alcatel-Lucent, LG Discovery Base Ericsson, Sony Ericsson, (April 8, 2013) Stations HTC Wi-Fi, CDMA Cellular Apple, Initial Handsets Alcatel-Lucent, Pleadings (March 10, 2014) Dell, HP, HTC, Kyocera, Novatel Wireless Wireless, Sierra Wireless TSX:WIN / NASD:WILN 16
  • 17. REVENUE DRIVERS – GLADIOS IP • WiLAN subsidiary • Partnerships to generate additional revenue with limited risk and investment • S partnerships to date Six Remote Access Internet Advertising On-line Gambling Networking Technology On-line Gaming Internet Connectivity TSX:WIN / NASD:WILN 17
  • 18. NEW PROGRAMS - PATENT ACQUISITIONS • Significant financial resources on hand – $190M+ • Proven ability to acquire undervalued assets DOCSIS patent Bluetooth patents Wireless patents TSX:WIN / NASD:WILN 18
  • 19. PATENT ACQUISITIONS TSX:WIN / NASD:WILN 19
  • 20. RESEARCH AND DEVELOPMENT • R&D drives future revenue prospects and business opportunities • Next generation wireless technology • Spectrum sensing in Whitespace • LTE in picocell networks TSX:WIN / NASD:WILN 20
  • 21. Q3 2011 – HIGHLIGHTS • Revenue of $27.8M, up 147% year-over-year • Adjusted earnings* of $22.8M, compared to $0.9M in Q3 2010 • Quarterly dividend of CDN $0.025 per share * Adjusted Earnings are earnings from continuing operations before stock-based compensation expense, depreciation & amortization expense, interest expense, unrealized foreign exchange gains or losses, provision for income taxes and certain other non-cash, one-time, or non-recurring charges. TSX:WIN / NASD:WILN 21
  • 22. ANALYST COVERAGE All analysts have buy recommendations Analyst Rating Target Byron Capital Markets Buy CDN$7 Canaccord G C d Genuity it Buy B CDN$10 Craig-Hallum Capital Buy $15 CIBC Sector Outperform CDN$10 Davenport & Co Buy $11 Fraser Mackenzie Strong Buy CDN$14 Northland Capital Sector Outperform CDN$11 Paradigm Capital Buy CDN$11 Versant Partners Buy CDN$8.40 CDN$8 40 TSX:WIN / NASD:WILN 22
  • 23. CONCLUSION • Significant value generated over last five years • Just beginning to realize business potential • Five year growth strategy to drive long-term and sustained increase in shareholder value VALUE GROWTH TSX:WIN / NASD:WILN 23