ParkerVision Announces Public Offering of Common Stock
JACKSONVILLE, Fla., March 20, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc.
(Nasdaq:PRKR) ("ParkerVision") today announced that it intends to offer shares
of common stock in an underwritten public offering. Ladenburg Thalmann & Co.
Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE
MKT:LTS), is acting as the sole bookrunning manager for the offering. The
offering is subject to market conditions, and there can be no assurance as to
whether or when the offering may be completed, or as to the actual size or
terms of the offering.
The offering is being made pursuant to an effective shelf registration
statement on Form S-3 previously filed with and subsequently declared
effective by the Securities and Exchange Commission (the "SEC"). These
securities may be offered only by means of a prospectus supplement. A
preliminary prospectus supplement relating to the offering will be filed with
the Securities and Exchange Commission. When available, copies of the
preliminary prospectus supplement relating to the offering, together with the
accompanying base prospectus included in the registration statement, may be
obtained from the Securities and Exchange Commission at http://www.sec.gov, or
from Ladenburg Thalmann & Co. Inc., 520 Madison Avenue, 9^th Floor, New York,
NY 10022 – Attention: George Mangione, (631) 270-1611 or
GMangione@ladenburg.com. Before you invest, you should read the preliminary
prospectus supplement and the accompanying base prospectus and other documents
ParkerVision has filed or will file with the SEC for more complete information
about ParkerVision and the offering.
This press release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of, these securities in any
state or other jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the securities laws
of any such state or jurisdiction.
About ParkerVision, Inc.
ParkerVision designs, develops and sells its proprietary RF technologies which
enable advanced wireless communications for current and next generation mobile
communications networks. ParkerVision is headquartered in Jacksonville,
The ParkerVision, Inc. logo is available at
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. These risks and
uncertainties could cause actual results to differ materially from those
currently anticipated or projected.
CONTACT: ParkerVision, Inc.
Cindy Poehlman, Chief Financial Officer
The Wall Street Group, Inc.
Ron Stabiner, Vice President
ParkerVision, Inc. Logo
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