WiLAN Announces $21.8 Million Bought Deal Financing

OTTAWA, Nov. 30, 2010 - Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN), a leading technology innovation and licensing company, today announced that it has entered into a bought deal agreement with a syndicate of underwriters led by Paradigm Capital Inc. and Wellington West Capital Markets Inc. and including CIBC World Markets Inc., and Fraser Mackenzie Limited (collectively, the "Underwriters"), for the issuance of 5,000,000 common shares of the Company ("Common Shares"), on a bought deal basis, at a price of $4.35 per Common Share for gross proceeds of $21,750,000 (the "Offering").

The Underwriters have the option to purchase up to an additional 625,000 Common Shares at the issue price at any time prior to 30 days following the closing date for additional gross proceeds of $2,718,750.

The net proceeds from the Offering will be used to fund acquisitions of patent portfolios identified as strategic to the Company's business and for working capital and general corporate purposes.

The Common Shares to be issued under the offering will be offered by way of a short form prospectus in all of the provinces of Canada, other than the province of Quebec, and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

The offering is scheduled to close on or about December 17, 2010 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange and the securities regulatory authorities.

About WiLAN

WiLAN, founded in 1992, is a leading technology innovation and licensing company. WiLAN has licensed its intellectual property to over 230 companies worldwide. Inventions in our portfolio have been licensed by companies that manufacture or sell a wide range of communication and consumer electronics products including 3G cellular handsets, Wi-Fi-enabled laptops, Wi-Fi/DSL routers, xDSL infrastructure equipment, WiMAX base stations and digital television receivers. WiLAN has a large and growing portfolio of more than 970 issued or pending patents. For more information: www.wilan.com.