JACKSONVILLE, Fla., Aug 26, 2010 (GlobeNewswire via COMTEX News Network) -- ParkerVision, Inc. (Nasdaq:PRKR), a developer and marketer of semiconductor technology solutions for wireless applications, announced today that The Wall Street Transcript (TWST) has published an in-depth interview with Chief Executive Officer Jeffrey Parker, in its Semiconductor Issue published on August 23, 2010. The interview is available on the ParkerVision website at http://www.parkervision.com/pdfs/PRKR-TWST-Interview-08-23-10.pdf or to subscribers at TWST's web site (www.twst.com).
During the interview, in discussing the Company's d2p(TM), or direct-to-RF power technology, targeted initially at 3G mobile handsets, Mr. Parker noted that, "Our d2p technology processes complex 3G signals much more efficiently and, through our transmit technology alone, are able to increase talk times and data connectivity times in 3G handsets by up to 60%. This is an area where consumers are pretty vocal about wanting to see improvements, and many handset OEMs have been searching for products that enable their 3G handsets to consume less power during user operation. Our d2p is a very good technology for achieving that goal."
He went on to say that, "We have secured our first 3G mobile handset design win to be a supplier of RF chipsets to a significant handset OEM. We are not at liberty right now to disclose the name, but they are a leading handset OEM that's a customer of a baseband chipset partner that we have developed our RF chipset in concert with.
"We have had the good fortune of partnering up with a baseband company who has three of the top five handset OEMs in their customer base and a host of other very good handset OEMs outside of that top five as well. They've worked with us over the last two and a half years, and we have developed our RF chipset to seamlessly interface to their baseband processors.
"The target by the baseband company, the handset OEM and ParkerVision, is to ramp the first production of these phones before the end of this year. I believe when that occurs, we will become a more visible supplier to the industry," Mr. Parker said.
About ParkerVision, Inc.
ParkerVision, Inc. designs, develops and markets its proprietary RF technologies, which enable advanced wireless communications for current and next generation mobile communications networks. 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 enhanced performance in mobile handsets as the industry migrates to next generation networks. ParkerVision is headquartered in Jacksonville, Florida. 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 ParkerVision's SEC reports, including the Form 10-K for the year ended December 31, 2009 and the Forms 10-Q for the periods ended March 31, 2010 and June 30, 2010. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
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SOURCE: ParkerVision, Inc.
CONTACT: ParkerVision, Inc. Cindy Poehlman, Chief Financial Officer 904-732-6100 cpoehlman@parkervision.com The Wall Street Group, Inc. Ron Stabiner, Vice President 212-888-4848 rstabiner@thewallstreetgroup.com