ParkerVision Receives Favorable Markman Order In Patent Infringement Action Against Qualcomm
JACKSONVILLE, Fla., Feb. 21, 2013 /PRNewswire/ -- ParkerVision, Inc. (NASDAQ: PRKR) announced today that on February 20, 2013, the United States District Court for the Middle District of Florida issued its patent claim construction ruling, or "Markman Order," in the ongoing patent infringement action between ParkerVision and Qualcomm, Inc. (NASDAQ: QCOM).
In a Markman Order, the presiding district court in a patent infringement case sets out the meaning of certain disputed patent claim language present in the patents in suit. This court interpretation is then applied during the action in the determinations of infringement and validity. The Markman Order can be a significant factor in the progress and outcome of patent infringement litigation.
In the recently issued Markman Order, the Court adopted ParkerVision's position as to the proper interpretation of most of the key terms in dispute in the litigation.
Jeffrey Parker, Chairman and Chief Executive Officer of ParkerVision stated, "We are pleased with the Court's Markman Order and we are confident in our position concerning Qualcomm's infringement of the patent claims at issue in this case. While the outcome of any litigation cannot be predicted, we believe the Court's Markman Order is another significant step towards the successful resolution of this litigation."
The litigation, filed in July 2011, involves Qualcomm's development and sale of certain of its products that ParkerVision believes infringe numerous claims from six patents owned by ParkerVision. About ParkerVisionParkerVision, 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 enhance performance in mobile handsets as the industry migrates to next generation networks. ParkerVision is headquartered in Jacksonville, Fla. For more information, please visit http://www.parkervision.com. Safe Harbor StatementThis 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 10-K for the year ended December 31, 2011 and the Form 10-Q for the quarters ended March 31, 2012, June 30, 22012 and September 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., 904-737-1367, cpoehlman@parkervision.com; or Ron Stabiner, Vice President, The Wall Street Group Inc., 212-888-4848, rstabiner@thewallstreetgroup.com. SOURCE ParkerVision, Inc.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
