Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Instagram Outage Disrupts Thousands of U.S. Users 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
JACKSONVILLE, Fla., Oct. 07, 2016 -- ParkerVision, Inc. (NASDAQ:PRKR), a developer, manufacturer and marketer of semiconductor technology solutions for wireless applications, announced today that its wholly-owned German subsidiary, ParkerVision GmbH, has filed a complaint against Apple, Inc., Apple Distribution International and Apple Retail Germany B.V. & Co. KG (collectively, “Apple”) for the infringement of the German part of European Patent 1 206 831. The complaint, which was filed in Munich Regional Court, seeks injunctive relief and declaration of liability for damages for infringing devices being offered, brought to market, used or introduced in Germany. The accused products include the Apple iPhone 6, iPhone 6s, and the iPad Air 2.
The patent at issue in this case is the same patent ParkerVision asserted against LG Electronics Deutschland, GmbH, a German subsidiary of LG Electronics, Inc., in June 2016. Based upon preliminary submissions in the LG case, the Regional Court of Munich issued a preliminary opinion indicating its predisposition toward a finding of infringement. A hearing in the LG case is scheduled for November 10, 2016. The law firm of Noerr LLP is representing ParkerVision in both actions. Noerr LLP is a multinational law firm of over 500 professionals, which has substantial and longstanding expertise in handling complex German, European and international patent litigation.
“We are pleased with the efficiency of the German court system in our infringement proceedings against LG, and we anticipate similar results in this case against Apple,” stated Jeffrey Parker, CEO of ParkerVision.
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. 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 10-K for the year ended December 31, 2015 and the Forms 10-Q for the quarters ended March 31, 2016 and June 30, 2016. 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 [email protected] or Matt Steinberg The Piacente Group 212-481-2050 [email protected]
