Byron Capital Markets Ltd. is pleased to announce that it has initiated coverage
on Wi-LAN Inc. (TSX:WIN) with a Buy rating and a target price of $7.00. 


In this initiation of coverage research report, Technology Analyst and Head of
Research, Tom Astle, gives a comprehensive overview of the company, with focus
on future drivers of growth and the company's position as one of the few proven
operators in the intellectual property ("IP") segment with a capable and
aggressive team as well as an effective process for monetizing IP. 


This report further exemplifies Byron Capital Markets' continuing commitment to
research and, in particular, its ongoing efforts in the coverage of Canadian
technology companies.
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