JACKSONVILLE, Fla., Oct. 7, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR) ("ParkerVision" and "the Company") a developer and marketer of semiconductor technology solutions for wireless applications, today announced the commencement of its patent infringement trial against Qualcomm, Inc. ("Qualcomm") before the Honorable Judge Roy B. Dalton, Jr. in the U.S. District Court for the Middle District of Florida.
Filed in July 2011, the Company's lawsuit and related court documents allege that Qualcomm has infringed on ParkerVision's technology related to radio-frequency receivers and the down-conversion of electromagnetic signals. The lawsuit seeks monetary damages from Qualcomm, as well as a permanent injunction barring the continued manufacture and sale of Qualcomm's infringing products in the United States, which include chips found in some of the world's best-selling mobile phones and wireless electronic devices.
The trial will be structured in two parts. In the first phase, jurors will determine whether Qualcomm infringed on the patented technology. If the jury determines infringement, the second phase would then focus on monetary damages caused by the infringement.During the trial, ParkerVision management is unable to communicate with investors or the media regarding the proceedings. 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: MEDIA Androvett Legal Media Robert Tharp 214-559-4630, Robert@androvett.com INVESTORS The Piacente Group, Inc. MaryBeth Csaby 212-481-2050, firstname.lastname@example.org
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