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| § | Revenues of $11.3 representing an increase of 24% over last year. |
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| § | Pro forma earnings* of $1.0 million, or 1 cent per share. |
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| § | Declared an eligible dividend of $0.0125 per common share. |
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| § | Signed license agreements with eight companies. |
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| § | Acquired 75 patents and applications related to 4G technology bringing the Company’s portfolio to more than 970 issued and pending patents. |
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| § | Increased fiscal 2010 revenue guidance. |
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|   | · | To access the call from Canada and U.S., dial 1.877.407.0778 (Toll Free) |
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|   | · | To access the call from other locations, dial 201.689.8565 (International) |
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|   | · | Account #: 286 |
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|   | · | Conference ID #: 359378 |
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| For more information, | Tyler Burns                  | 11 Holland Avenue, Suite 608, Ottawa, ON K1Y 4S1 |
|-----------------------|------------------------------|--------------------------------------------------|
| visit www.wilan.com   | Director, Investor Relations | Tel: O: 613.688.4330 C: 613.697.0367             |
| or please contact     | & Communications         | Email:  tburns@wilan.com               |

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|                                        |   | Three months ended |        |   | Nine months ended |   |
|---------------------------------------------|--------|--------------------|-------------|--------|-------------------|--------|
|                                        |   | September          |        |   | October 31,       |   |   | September |   |   | October 31, |   |
|                                        |   | 30, 2010           |        |   | 2009              |   |   | 30, 2010 |   |   | 2009 |   |
|                                        |   |               |        |   |              |   |   |   |   |   |   |   |
| Revenues                                    |   |               |        |   |              |   |   |   |   |   |   |   |
| Royalties                                   |   | $                  | 11,258      |   |              | $      | 9,081 |   |   | $ | 35,701 |   |   | $ | 28,729 |   |
| Brokerage                                   |   |               | -           |   |              |   | - |   |   |   | 3,830 |   |   |   | - |   |
|                                        |   |               | 11,258      |   |              |   | 9,081 |   |   | $ | 39,531 |   |   | $ | 28,729 |   |
|                                        |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses                          |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Patent licensing                            |   |               | 1,042       |   |              |   | 811 |   |   |   | 4,607 |   |   |   | 2,774 |   |
| Litigation                                  |   |               | 6,984       |   |              |   | 4,345 |   |   |   | 17,763 |   |   |   | 12,448 |   |
| Research and development                    |   |               | 837         |   |              |   | 1,029 |   |   |   | 2,526 |   |   |   | 2,494 |   |
| General and administration                  |   |               | 1,584       |   |              |   | 331 |   |   |   | 5,232 |   |   |   | 3,280 |   |
| Unrealized foreign exchange (gain) loss     |   |               | (116        | )      |              |   | 247 |   |   |   | (69 | ) |   |   | - |   |
| Stock-based compensation                    |   |               | 407         |   |              |   | 498 |   |   |   | 1,537 |   |   |   | 1,513 |   |
| Depreciation & amortization             |   |               | 5,393       |   |              |   | 4,503 |   |   |   | 16,005 |   |   |   | 13,136 |   |
| Restructuring charges                       |   |               | 755         |   |              |   | - |   |   |   | 755 |   |   |   | - |   |
| Total operating expenses                    |   |               | 16,886      |   |              |   | 11,764 |   |   |   | 48,356 |   |   |   | 35,645 |   |
| Investment income                           |   |               | 168         |   |              |   | 163 |   |   |   | 461 |   |   |   | 2,131 |   |
| Loss before income taxes                    |   |               | (5,460      | )      |              |   | (2,520 | ) |   |   | (8,364 | ) |   |   | (4,785 | ) |
|                                        |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Provision for income tax expense (recovery) |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Current                                     |   |               | 756         |   |              |   | 652 |   |   |   | 2,582 |   |   |   | 2,064 |   |
| Future                                      |   |               | -           |   |              |   | (19,638 | ) |   |   | - |   |   |   | (20,970 | ) |
|                                        |   |               | 756         |   |              |   | (18,986 | ) |   |   | 2,582 |   |   |   | (18,906 | ) |
| Net and comprehensive (loss) income         |   |               | (6,216      | )      |              |   | 16,466 |   |   |   | (10,946 | ) |   |   | 14,121 |   |
|                                        |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Deficit, beginning of period                |   |               | (12,424     | )      |              |   | (7,344 | ) |   |   | (4,102 | ) |   |   | (150,996 | ) |
| Dividends                                   |   |               | (1,294      | )      |              |   | (1,270 | ) |   |   | (4,886 | ) |   |   | (2,434 | ) |
| Reduction of stated capital                 |   |               | -           |   |              |   | - |   |   |   | - |   |   |   | 147,161 |   |
| Retained (deficit) earnings, end of period  |   | $                  | (19,934     | )      |              | $      | 7,852 |   |   | $ | (19,934 | ) |   | $ | 7,852 |   |
|                                        |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| (Loss) earnings per share                   |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                       |   | $                  | (0.06       | )      |              | $      | 0.16 |   |   | $ | (0.11 | ) |   | $ | 0.15 |   |
| Diluted                                     |   | $                  | (0.06       | )      |              | $      | 0.16 |   |   | $ | (0.11 | ) |   | $ | 0.15 |   |
|                                        |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of common shares    |   |               |        |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                       |   |               | 103,334,579 |   |              |   | 101,777,058 |   |   |   | 102,754,251 |   |   |   | 96,401,954 |   |
| Diluted                                     |   |               | 103,334,579 |   |              |   | 103,930,746 |   |   |   | 102,754,251 |   |   |   | 97,354,981 |   |

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| As at                                    |   | September 30, 2010 |    |   | December 31, 2009 |   |
|------------------------------------------|--------|-------------------------|---------|--------|------------------------|--------|
| Assets                                   |   |                    |    |   |                   |   |
| Current assets                           |   |                    |    |   |                   |   |
| Cash and cash equivalents                |   | $                       | 64,003  |   |                   | $      | 72,763 |   |
| Short-term investments                   |   |                    | 26,704  |   |                   |   | 22,025 |   |
| Accounts receivable                      |   |                    | 2,668   |   |                   |   | 485 |   |
| Prepaid expenses and deposits            |   |                    | 144     |   |                   |   | 149 |   |
| Assets held for sale                     |   |                    | -       |   |                   |   | 2,188 |   |
| Current assets                           |   |                    | 93,519  |   |                   |   | 97,610 |   |
|                                     |   |                    |    |   |                   |   |   |   |
| Furniture and equipment, net             |   |                    | 641     |   |                   |   | 703 |   |
| Patents and other intangibles, net       |   |                    | 130,617 |   |                   |   | 141,132 |   |
| Goodwill                                 |   |                    | 13,449  |   |                   |   | 13,449 |   |
| Assets                                   |   | $                       | 238,226 |   |                   | $      | 252,894 |   |
|                                     |   |                    |    |   |                   |   |   |   |
| Liabilities and Shareholders' equity     |   |                    |    |   |                   |   |   |   |
| Current liabilities                      |   |                    |    |   |                   |   |   |   |
| Accounts payable and accrued liabilities |   | $                       | 9,856   |   |                   | $      | 11,774 |   |
| Current liabilities                      |   |                    | 9,856   |   |                   |   | 11,774 |   |
|                                     |   |                    |    |   |                   |   |   |   |
| Liabilities                              |   |                    | 9,856   |   |                   |   | 11,774 |   |
|                                     |   |                    |    |   |                   |   |   |   |
| Shareholders' equity                     |   |                    |    |   |                   |   |   |   |
| Common shares                            |   |                    | 231,363 |   |                   |   | 228,421 |   |
| Contributed surplus                      |   |                    | 16,941  |   |                   |   | 16,801 |   |
| Retained deficit                         |   |                    | (19,934 | )      |                   |   | (4,102 | ) |
| Shareholders' equity                     |   |                    | 228,370 |   |                   |   | 241,120 |   |
| Liabilities and Shareholders' equity     |   | $                       | 238,226 |   |                   | $      | 252,894 |   |

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|                                                              |   | Three months ended |   |   | Nine months ended |   |
|-------------------------------------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                                              |   | September 30,      |   |   | October 31,       |   |   | September 30, |   |   | October 31, |   |
|                                                              |   | 2010               |   |   | 2009              |   |   | 2010 |   |   | 2009 |   |
| Cash (used in) generated from Operations                          |   |               |   |   |              |   |   |   |   |   |   |   |
| Net and comprehensive loss                                        |   | $                  | (6,216 | )      |              | $      | 16,466 |   |   | $ | (10,946 | ) |   | $ | 14,121 |   |
| Non-cash items                                                    |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Stock-based compensation                                          |   |               | 407    |   |              |   | 498 |   |   |   | 1,537 |   |   |   | 1,513 |   |
| Depreciation & amortization                                   |   |               | 5,393  |   |              |   | 4,503 |   |   |   | 16,005 |   |   |   | 13,136 |   |
| Provision for income tax recovery                                 |   |               | -      |   |              |   | (19,638 | ) |   |   | - |   |   |   | (21,369 | ) |
|                                                              |   |               | (416   | )      |              |   | 1,829 |   |   |   | 6,596 |   |   |   | 7,401 |   |
| Change in non-cash working capital balances                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Accounts receivable                                               |   |               | 2,749  |   |              |   | (1,590 | ) |   |   | (2,183 | ) |   |   | (1,746 | ) |
| Prepaid expenses and deposits                                     |   |               | 5      |   |              |   | 339 |   |   |   | 5 |   |   |   | 186 |   |
| Net assets held for sale                                          |   |               | -      |   |              |   | - |   |   |   | 2,188 |   |   |   | (65 | ) |
| Accounts payable and accrued liabilities                          |   |               | (1,476 | )      |              |   | 1,076 |   |   |   | (3,662 | ) |   |   | 2,659 |   |
| Cash (used in) generated from operations                          |   |               | 862    |   |              |   | 1,654 |   |   |   | 2,944 |   |   |   | 8,435 |   |
| Financing                                                         |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Proceeds on sale of common shares                                 |   |               | -      |   |              |   | - |   |   |   | - |   |   |   | 16,899 |   |
| Common shares repurchased in Normal Course Issuer Bid             |   |               | -      |   |              |   | - |   |   |   | - |   |   |   | (278 | ) |
| Dividends                                                         |   |               | (1,289 | )      |              |   | (1,270 | ) |   |   | (3,592 | ) |   |   | (2,434 | ) |
| Common shares issued for cash on the exercise of options          |   |               | 405    |   |              |   | 58 |   |   |   | 1,905 |   |   |   | 488 |   |
| Common shares issued for cash from Employee Share Purchase Plan   |   |               | -      |   |              |   | 58 |   |   |   | 91 |   |   |   | 118 |   |
| Cash generated from (used in) financing                           |   |               | (884   | )      |              |   | (1,154 | ) |   |   | (1,596 | ) |   |   | 14,793 |   |
| Investing                                                         |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Sale (purchase) of short-term investments                         |   |               | (52    | )      |              |   | 4,000 |   |   |   | (4,679 | ) |   |   | (22,092 | ) |
| Purchase of furniture and equipment                               |   |               | (53    | )      |              |   | (29 | ) |   |   | (364 | ) |   |   | (212 | ) |
| Purchase of patents                                               |   |               | (1,494 | )      |              |   | - |   |   |   | (5,065 | ) |   |   | (19,752 | ) |
| Cash used in investing                                            |   |               | (1,599 | )      |              |   | 3,971 |   |   |   | (10,108 | ) |   |   | (42,056 | ) |
|                                                              |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Net cash and cash equivalents (used in) generated from the period |   |               | (1,621 | )      |              |   | 4,471 |   |   |   | (8,760 | ) |   |   | (18,828 | ) |
| Cash and cash equivalents, beginning of period                    |   |               | 65,624 |   |              |   | 76,054 |   |   |   | 72,763 |   |   |   | 99,353 |   |
| Cash and cash equivalents, end of period                          |   | $                  | 64,003 |   |              | $      | 80,525 |   |   | $ | 64,003 |   |   | $ | 80,525 |   |

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