ORLANDO, Fla., Oct. 23, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR) announced that trading of its common stock was halted at Noon eastern time today in anticipation of a jury verdict in the second phase of ParkerVision's patent infringement trial against Qualcomm Incorporated in the U.S. District Court for the Middle District of Florida. However, the jury ceased deliberations without reaching a verdict today and will resume deliberations at 9:00 a.m. eastern time tomorrow.
Trading of ParkerVision's common stock will resume Thursday morning.
About ParkerVision Inc.
ParkerVision, Inc. designs, develops and sells 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 the ParkerVision's SEC reports, including the Form 10-K for the year ended December 31, 2012 and the Forms 10-Q for the quarters ended March 31, 2013 and June 30, 2013. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
CONTACT: INVESTOR RELATIONS
ParkerVision, Inc.
Cindy Poehlman
Chief Financial Officer
904-732-6100, cpoehlman@parkervision.com
Or
The Piacente Group, Inc.
MaryBeth Csaby
212-481-2050, parkervision@tpg-ir.com
