CALGARY, ALBERTA (MARKET WIRE) Zi Corporation (TSX: ZIC) (NASDAQ: ZICA) (the"Company"or"Zi"), a leading innovator of mobile discovery and advertising solutions, today announced that it is party to a non-binding letter of intent with a leading global consumer electronics corporation (the"Strategic Partner"). Zi and the Strategic Partner are in advanced stages of negotiations on the terms of a strategic transaction. If consummated, this transaction would result in an equity investment by the Strategic Partner in Zi at a share price that would be at a premium to the proposal by Nuance Communications, Inc. ("Nuance") dated
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