JACKSONVILLE, Fla., July 17, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR) a developer and marketer of semiconductor technology solutions for wireless applications, today announced that it was ranked among the Top 20 companies in the telecom and communications industry according to an analysis conducted by The Patent Board, which appeared in the July 15, 2013 edition of The Wall Street Journal.
The Patent Board's tri-annual Patent Scorecard analyzes telecom and wireless industry companies based on six objective criteria. According to the most recent Patent Scorecard analysis, ParkerVision was the only company to rank first in three separate categories.
In a field that included some of the largest and most valuable global corporations, ParkerVision was ranked first in the areas of Science Strength, Industry Impact and Research Intensity. ParkerVision's patent portfolio includes more than 225 U.S. and international patents, including 26 U.S. patents granted in the last 12 months.
Parkervision has been ranked number one in two or more of The Patent Board's criteria for each of the last seven reporting periods among industry leaders such as Qualcomm, AT&T, Samsung Group, Google, and Cisco Systems.
"Throughout ParkerVision's history, we have taken great pride in our team's unique approach to the development of significant advancements for wireless solutions," said ParkerVision Chairman and CEO Jeffrey Parker. "This type of recognition from an objective, respected group such as The Patent Board is not only a tremendous honor, but further validation of our commitment to innovation."
"Based on our extensive review of ParkerVision's patent portfolio, we believe it represents some of the most fundamental and powerful innovations we've ever seen," said Kevin Rivette, managing partner of 3LP Advisors, a leading intellectual property advisory firm and an advisor to ParkerVision. "Their IP portfolio is unique in both its breadth and the depth of coverage. We believe that the company's technology is responsible for important breakthroughs in the way we communicate in the digital age."
The Patent Board is a leading independent provider of best practices research, tools and metrics for patent analysis and intellectual property investment. The Patent Board tracks and analyzes innovation, movement, and the business value of patent assets across every industry on a global basis. The Patent Scorecard is a periodic assessment of patent activity and its rankings are primarily based on a combined measure of the quality and quantity of a company's patent portfolio. The Patent Board has developed more than 50 indicators that track global patent activity relating to companies' innovation, technology, and science strengths.
According to The Patent Board's criteria, Science Strength is a measure of the degree to which a company's patents are referenced in trade journal and scholarly articles. Industry Impact is determined based on the influence that a company's patents have on the broader industry. Research Intensity is an aggregate measure of the degree to which a company's technology is building on core science.
About ParkerVision, Inc.
ParkerVision, Inc. designs, develops and markets its proprietary radio frequency (RF) technologies, which enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of RF waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity, and enhanced performance in mobile handsets as the industry migrates to next generation networks. For more information, please visit http://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, 2012 and the Form 10Q for the quarter ended March 31, 2013. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
For more information about ParkerVision's listing in the Patent Scorecard, please contact Robert Tharp at 800-559-4534 or Robert@androvett.com. For investor relations, please contact Lee Roth at 212-481-2050 or firstname.lastname@example.org