ParkerVision GmbH Invited to Present Clarifications in German Infringement Case Against Apple
December 01 2017 - 8:04AM
ParkerVision, Inc. (NASDAQ:PRKR), a developer,
manufacturer and marketer of semiconductor technology solutions for
wireless applications, announced today that the Munich court
rejected the request by Apple, Inc. and certain of its’
subsidiaries that ParkerVision GmbH be required to post a bond as
required of a non-German entity. The court has also informed
ParkerVision GmbH that it is invited to provide further
clarification regarding certain elements of infringement by Apple
following the finalization of this decision.
A hearing was held on November 16, 2017 in this
case during which both parties were allowed to present arguments
regarding the alleged infringement, by Apple, of the German part of
European Patent 1 135 853 (“the ‘853
Patent”).
Jeffrey Parker, CEO of ParkerVision, who
attended the November 16th hearing, stated, “I believe our counsel
was able to thoroughly explain to the court our energy sampling
technology as described in the ‘853 Patent and furthermore, how our
energy sampling technology is clearly different from
sample-and-hold technologies that the defendant cited as prior
art. Based on comments from the court during the
hearing, we believe Apple presented oral arguments that conflicted
with their written pre-hearing briefs.”
Parker continued, “We welcome the court’s
request for additional information, as we believe further
clarification will only strengthen our infringement position and
enable the court to reach a swift decision. We are working
with German counsel to expedite the schedule for these next steps
and anticipate that the court will continue to move at the same
rapid pace that it has thus far.”
About ParkerVision
ParkerVision, Inc. designs, develops and markets its proprietary
radio-frequency (RF) technologies, which enable advanced wireless
solutions for current and next generation communications networks.
Currently developing several new products to enhance Wi-Fi
connectivity for small businesses and consumers, ParkerVision has
recently unveiled a family of products under the Milo™ brand that
leverages existing Wi-Fi infrastructure to create more optimal
Wi-Fi configuration and superior coverage. 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 10-K for the year ended
December 31, 2016 and the Forms 10-Q for the quarters ended March
31, June 30, and September 30, 2017. 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
orLaurie LittleThe Piacente
Group212-481-2050parkervision@tpg-ir.com
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