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ParkerVision Petition for Panel Rehearing Denied

JACKSONVILLE, Fla., Oct. 5, 2015 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (NASDAQ:PRKR) (the "Company") announced today that the United States Court of Appeals for the Federal Circuit ("CAFC") denied its petition for a panel rehearing of the CAFC's non-infringement decision in ParkerVision v. Qualcomm.

ParkerVision's Chairman and Chief Executive Officer, Jeffrey Parker, commented, "We believe our petition brief clearly conveyed the simple fact that Qualcomm's 25% duty cycle products would be inoperable if they worked in the way Qualcomm represented. Although rehearing petitions are not frequently granted, we were hopeful that the technical misunderstandings in this case would provide sufficient basis for the panel to revisit its decision. Unfortunately, while that was not the case, as the CAFC denied our petition, Qualcomm's representations will follow them into other court actions. We look forward to showing that Qualcomm's sampling downconverters are based on ParkerVision's energy transfer sampling technology, and that contrary to Qualcomm's representation, they cannot make a baseband signal that is usable in a cell phone without the use of energy storage devices."

Parker continued, "Meanwhile, we are currently evaluating what next steps are available for ParkerVision to pursue in this specific case."

About ParkerVision

ParkerVision, Inc. designs, develops and markets its proprietary radio-frequency (RF) technologies that enable advanced wireless solutions for current and next generation communications networks. Protected by a highly-regarded, worldwide patent portfolio, the Company's solutions for wireless transfer of RF waveforms address the needs of a broad range of wirelessly connected devices for high levels of RF performance coupled with best-in-class power consumption. For more information please visit www.parkervision.com. (PRKR-G).

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 Forms 10Q for the quarters ended March 31, 2015 and June 30, 2015. 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, cpoehlman@parkervision.com or Don Markley The Piacente Group 212-481-2050, parkervision@tpg-ir.com

Source:ParkerVision, Inc.