Jury Finds Qualcomm Guilty of Infringement of ParkerVision Patents
Second Phase of Trial Addressing Damages and Willfulness Set to Begin
JACKSONVILLE, Fla., Oct. 17, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc.
(Nasdaq:PRKR) ("ParkerVision" and "the Company"), a developer and marketer of
semiconductor technology solutions for wireless applications, today announced
that a jury in the U.S. District Court for the Middle District of Florida
found Qualcomm Incorporated guilty of direct and indirect infringement of
ParkerVision patents. That same jury also found ParkerVision's patents valid
in light of the alleged prior art references identified by Qualcomm during the
course of the trial.
The trial, which commenced on October 7, 2013, is being held in two
phases.The first phase, which addressed invalidity and direct and indirect
infringement, ended today with the jury finding in ParkerVision's favor. The
second phase of the trial will commence immediately with the same jury, and
will determine the scope of damages awarded and whether Qualcomm is also
guilty of willful patent infringement. With a finding of willful patent
infringement, a judge has the authority to enhance damages awarded by the jury
by up to three times.
ParkerVision Chief Executive Officer, Jeffrey Parker, commented, "We are
extremely pleased with the jury's verdict in this case and we look forward to
presenting our damages and willfulness arguments over the coming days."
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.
Androvett Legal Media
The Piacente Group, Inc.
ParkerVision, Inc. Logo
Press spacebar to pause and continue. Press esc to stop.