JACKSONVILLE, Fla., July 31, 2012 (GLOBE NEWSWIRE) -- ParkerVision, Inc.(Nasdaq:PRKR), a developer and marketer of semiconductor technology solutions for wireless applications, announced today that it has retained law firm Wilson Sonsini Goodrich & Rosati.

Headquartered in Silicon Valley with 11 other offices in technology, business and regulatory hubs worldwide, Wilson Sonsini Goodrich & Rosati is consistently acknowledged as one of the nation's leading legal advisors to technology and growth enterprises, and has proven experience with clients in the communications and semiconductor industries. The firm is nationally recognized for providing high-quality legal services in the fields of corporate governance and finance, mergers and acquisitions, private equity, securities litigation, employment law, intellectual property, antitrust and regulatory matters, among many other areas. It is expected that the firm will assist ParkerVision in matters of technology licensing, intellectual property transactions, joint ventures and strategic alliances, mergers and acquisitions.

Wilson Sonsini Goodrich & Rosati joins ParkerVision's existing team of highly-regarded outside law firms that includes McKool Smith, Sterne Kessler Goldstein & Fox, Graubard Miller, and Workman Nydegger.

"I am excited to have added Wilson Sonsini Goodrich & Rosati as a key piece of our legal team," said Jeff Parker, ParkerVision CEO and Chairman of the Board. "With their addition to an already stellar group of law firms, I feel confident that we will receive the quality of legal counsel and services necessary to successfully achieve our corporate objectives and to navigate the many and varied opportunities ahead of us at ParkerVision."

About ParkerVision

ParkerVision, Inc. designs, develops and markets its proprietary RF technologies, which enable advanced wireless communications for current and next generation mobile communications networks. The company's award-winning IP portfolio includes 195 domestic and international patents. Its solutions for wireless transfer of radio frequency (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 enhance performance in mobile handsets as the industry migrates to next generation networks. ParkerVision is headquartered in Jacksonville, Fla. For more information, please visit http://www.parkervision.com.

The ParkerVision, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7219

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 SECreports, including the Form 10-K for the year ended December 31, 2011 and the Form 10-Q for the quarter ended March 31, 2012. 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

         Ron Stabiner
         Vice President
         The Wall Street Group, Inc.
         212-888-4848, rstabiner@thewallstreetgroup.com

Source: ParkerVision, Inc.