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Wi-LAN has two aspects to its business plan: licensing and product development and marketing.

To be clear, we have divided the market into three segments: home networking for multimedia, wireless local area networks and wireless wide area networks. We have concluded that the only segment where Wi-LAN has a winning chance is the wide area networks since home networking is for consumer electronics companies and wireless local area networks already has giants like Nokia, Lucent and Nortel delivering products.

We intend to license our technology to various chip manufacturers to both enable the market and collect royalties. We already have products in the WAN segment and have signed contracts with serious players. We intend to work closely with some companies in the home networking and LANs to develop modules with and for them. We hope to be able to realize some revenue from these modules as well.

Like most high tech companies, we do intend to list on NASDAQ. However, we need to increase the awareness before we apply for a listing. It is impossible to time these events; I can say that we would like to start the awareness campaign soon. This would include many visits to US institutions and brokerage firms.

I hope this answers your questions.

Hatim
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