JACKSONVILLE, Fla., Aug. 24, 2012 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR) announced today that it will amend its claims of indirect infringement against Qualcomm Incorporated (Nasdaq:QCOM) following a ruling issued by the U.S. District Court in the Middle District of Florida in ParkerVision's patent infringement case against Qualcomm. On August 23, 2012, the court granted Qualcomm's previously filed motion to dismiss ParkerVision's claims of indirect infringement citing a recent federal appeals court ruling which changed the pleading requirements. The court also allowed ParkerVision to amend its pleadings to conform to the new rules. The deadline for filing the amended pleadings is August 31, 2012.
Jeffrey Parker, Chief Executive Officer of ParkerVision, stated, "In June 2012, the Federal Court of Appeals changed the rules with regard to the minimum requirements to plead indirect infringement. The judge has allowed us the opportunity to amend our pleadings in accordance with the new requirements, and we will do so. It is important to note that this ruling relates only to the allegations of indirect infringement and has no bearing on our allegations of direct infringement against Qualcomm."
The court's ruling is available on ParkerVision's web site at: http://www.parkervision.com/public_relations/patent_litigation.phpIn July 2011, ParkerVision filed a complaint in the United States District Court of the Middle District of Florida against Qualcomm seeking unspecified damages and injunctive relief for infringement of six ParkerVision patents related to radio-frequency receivers and the down-conversion of electromagnetic signals. The trial is scheduled to begin August 5, 2013. About ParkerVision ParkerVision, Inc. designs, develops and markets its proprietary RF technologies which enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of radio frequency (RF) waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity and enhanced performance in mobile handsets as the industry migrates to next generation networks. ParkerVision is headquartered in Jacksonville, Florida. For more information please visit www.parkervision.com . (PRKR-G) The ParkerVision, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7219 Safe Harbor Statement This press release contains forward-looking information. Readers are cautioned not to place undue reliance on any such forward-looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties which are disclosed in the Company's SEC reports, including the Form 10K for the year ended December 31, 2011 and the Forms 10Q for the quarters ended March 31 and June 30, 2012. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
CONTACT: Cindy Poehlman Chief Financial Officer ParkerVision, Inc. 904-732-6100, email@example.com Ron Stabiner Vice President The Wall Street Group, Inc. 212-888-4848, firstname.lastname@example.org
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