SAN JOSE, Calif. and JACKSONVILLE, Fla., July 21, 2015 (GLOBE NEWSWIRE) -- RFMW Ltd. and ParkerVision, Inc. (Nasdaq:PRKR) have announced a worldwide distribution agreement for ParkerVision products and services. ParkerVision, Inc. is a developer, manufacturer and marketer of semiconductor technology solutions for wireless applications. RFMW Ltd. is a specialized, technology based component distribution organization providing customers and suppliers with a solutions oriented sales and marketing team. RFMW is dedicated to offering the highest levels of customer service and specialized component-engineering support.
Under the agreement, RFMW will support sales and distribution logistics of ParkerVision's high performance modulators and demodulators, operational amplifiers, low noise amplifiers and power management ICs. In addition, RFMW will provide access to ParkerVision's engineering services and ASIC design services.
"RFMW offers us the focused distribution channel partner we need to service our growing customer base. ParkerVision products are ideal for emerging markets such as Internet of Things and mobile products. The RFMW sales and marketing team provides unmatched technical prowess where recognition of diverse opportunities is fundamental," said John Stuckey, Executive Vice President of ParkerVision. "RFMW's expertise in customer support and opportunity development will be an asset to us as we strive to capture the abundant new applications in which our products provide a technical edge."
According to Joel Levine, President and CEO of RFMW, "ParkerVison's technology edge is a true differentiator in the markets that RFMW is currently addressing. ParkerVision's capabilities and modulator/demodulator products are without equal and add a new dimension to the customer applications we can support."
Going further, Mr. Levine added, "The ParkerVision team is extremely knowledgeable and supportive of our efforts to broaden their customer base into new and emerging applications worldwide."
About ParkerVision, Inc.
ParkerVision, Inc. designs, develops and markets its proprietary radio-frequency (RF) technologies that enable advanced solutions for current and next generation communications networks. Protected by a highly-regarded, worldwide patent portfolio, the Company's solutions for processing of RF waveforms address the needs of a broad range of devices requiring high levels of RF performance coupled with best-in-class power consumption. For more information please visit www.parkervision.com. (PRKR-G).
RFMW Ltd. is a specialty electronics distribution company focused exclusively on serving customers that require RF and microwave components and semiconductors, as well as component engineering support. The company continues to expand its list of products from selective suppliers with RF/microwave expertise. RFMW deploys a highly experienced, technically skilled team to assist customers with component selection and fulfillment.
Safe Harbor Statement
This press release contains forward-looking information. 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 Company's SEC reports, including the Form 10K for the year ended December 31, 2014 and Form 10Q for the quarter ended March 31, 2015. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
CONTACT: For more information concerning this press release contact: Jeff Leach Director of Sales ParkerVision, Inc. +1 904.732.6102 firstname.lastname@example.org http://www.parkervision.com Joel Levine President and CEO RFMW, Ltd. +1 408-414-1450 Toll Free - 877 FOR RFMW (367 7369) email@example.com http://www.RFMW.com For investors: Don Markley or Glenn Garmont The Piacente Group 212-481-2050, firstname.lastname@example.org
Source:ParkerVision, Inc.;RFMW Ltd.