ParkerVision’s Milo™ WiFi Product is Now Available on Walmart.com
March 05 2018 - 8:00AM
ParkerVision, Inc. (Nasdaq:PRKR) (“ParkerVision”), a developer and
marketer of semiconductor technology solutions for wireless
applications, is pleased to announce that Milo™, its distributed
Wi-Fi system for consumers, is now available for purchase on
Walmart.com in addition to Amazon.com and Milo’s online store at
milowifi.com.
Milo systems provide comprehensive Wi-Fi coverage for homes and
small offices by eliminating dead-zones and taking Wi-Fi beyond the
capability of existing Wi-Fi routers. Consumers demand wireless
internet access throughout their homes for everything from
smartphones, laptops and tablets, to thermostats, cameras, and
appliances.
“Milo is successfully addressing the three key needs of Wi-Fi
consumers together in one single offering: performance,
affordability, and ease of use,” stated ParkerVision CEO Jeffrey
Parker. "Adding Walmart.com as a sales channel partner is a
testament to Milo’s quality and affordability for the mass consumer
market. We are delighted to add another high quality distributor to
grow Milo’s sales. At price points of $129 and $189 depending on
desired coverage, consumers can fix existing Wi-Fi coverage
problems or extend coverage to areas they cannot currently
reach."
John Stuckey, Chief Marketing Officer for ParkerVision added,
"We're excited to be able to offer our products directly to the
huge base of online customers at Walmart.com. The channel is
growing rapidly and is already the 4th largest marketplace for
ecommerce sales in the United States. Walmart's focus on providing
high quality products at the best possible values fits perfectly
with the Milo brand vision. We look forward to increasing our
offering with them in the coming months as our product line
expands."
About ParkerVision, Inc.
ParkerVision, Inc. designs, develops and markets
its proprietary radio-frequency (RF) technologies, which enable
advanced wireless solutions for current and next generation
communications networks. ParkerVision also develops and markets 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 small businesses and consumers. For
more information please visit www.parkervision.com.
Safe Harbor StatementThis 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 Form 10-Q for the quarter ended
September 30, 2017. These risks and uncertainties could cause
actual results to differ materially from those currently
anticipated or projected.
Cindy Poehlman Chief Financial
Officer ParkerVision,
Inc. 904-732-6100cpoehlman@parkervision.com
Jean YoungThe Piacente
Group212-481-2050parkervision@tpg-ir.com
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