JACKSONVILLE, Fla., Sept. 16, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR) ("ParkerVision") a developer and marketer of semiconductor technology solutions for wireless applications, today announced that on Friday, September 13, 2013, a pretrial statement was filed with the district court in the middle district of Florida in its patent infringement case against Qualcomm, Inc. ("Qualcomm"). The pretrial statement, which is a required joint statement filed by ParkerVision and Qualcomm in advance of the pretrial conference scheduled for September 19, 2013, provides the proposed lists of exhibits, witnesses, jury instructions, and jury selection questions, among other things. As part of the jury voir dire, or questions proposed for jury selection, the document discloses that ParkerVision is seeking damages in this case of nearly $500 million.
ParkerVision CEO, Jeffrey Parker commented, "Our damages estimate for direct and indirect infringement is limited to an estimate of infringing units shipped in the United States, which is the Court's jurisdiction. In addition, it is based on estimated past damages only and does not include future use of the patents in suit, nor does it include any adjustment for willfulness, which we believe we will successfully establish in this case."
In addition to the pretrial statement filed Friday, on September 12, 2013, ParkerVision filed a trial brief that provides a summary of the questions of law that the Court must determine after trial. The trial brief includes, among other things, a discussion of the evidence ParkerVision believes supports its willfulness charges against Qualcomm.The trial term is scheduled to begin on October 7, 2013 in Orlando, Florida. The pubic court documents in this case, including the pretrial statement and trial brief, can be found on ParkerVision's website at www.parkervision.com under Patent Litigation. About ParkerVision, Inc. ParkerVision, Inc. designs, develops and sells 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, reduce 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, Florida. For more information, please visit www.parkervision.com . (PRKR-G) Safe Harbor Statement This press release contains forward-looking information, including information regarding the proposed offering. 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 ParkerVision's SEC reports, including the Form 10-K for the year ended December 31, 2012 and the Forms 10-Q for the quarters ended March 31, 2013 and June 30, 2013. 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 or The Piacente Group, Inc. Investor Relations Lee Roth 212-481-2050, firstname.lastname@example.org
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