This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ParkerVision, Inc. Reports 2012 Fourth Quarter And Year-End Results

Stocks in this article: PRKR

JACKSONVILLE, Fla., March 18, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR), a developer and marketer of semiconductor technology solutions for wireless applications, reported results for the three months and year ended December 31, 2012.

2012 Business Highlights and Recent Developments

  • The recent Markman order, or claim construction ruling, in ParkerVision's patent infringement litigation against Qualcomm resulted in the adoption by the court of more than 90% of ParkerVision's proposed terms.  
  • All of Qualcomm's counterclaims of patent unenforceability due to alleged inequitable conduct have been dismissed by the court and/or dropped by Qualcomm.  
  • Entered into development agreement with baseband partner for the delivery and on-going support of interfaces between ParkerVision RF chips and CDMA baseband processors needed to support the adoption of ParkerVision RF chipsets into OEM's mobile handset products.  
  • Engaged intellectual property firms to assist ParkerVision in evaluating the current and future use of its patented technology in a variety of products and industries and in assisting the company with the exploration of additional business opportunities.  
  • Awarded twenty-three new patents and filed 27 new applications in 2012.  As of December 31, 2012, the Company held 211 U.S. and foreign patents.

Jeffrey Parker, Chairman and Chief Executive Officer, commented, "In 2012, we worked with some of the most highly regarded IP experts to better understand how the innovations we have developed and protected are enabling a wide range of wireless products across a number of industries. With this understanding we are exploring various ways of developing business relationships and revenue for ParkerVision. We also worked closely with our patent litigators as our infringement case against Qualcomm progressed through a number of key events and rulings in preparation for trial in October. The agreement we entered into with our CDMA baseband partner enables us to continue pursuing adoption of our RF chips into products designed and built by their OEM handset customers. Collectively, these activities position ParkerVision for meaningful progress in 2013."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs