JACKSONVILLE, Fla., Nov. 14, 2013 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR), a developer and marketer of semiconductor technology solutions for wireless applications, today announced that its patent portfolio once again ranked among the Top 25 companies in the telecom and communications industry according to an analysis conducted by The Patent Board that appeared in the November 11, 2013 edition of The Wall Street Journal.
The Patent Board, the leading independent provider of best practices research, tools and metrics for patent analysis and intellectual property investment, tracks and analyzes innovation, movement, and the business value of patent assets across all industries. Its tri-annual rankings on the telecom and communications industry are based on a comprehensive review of the quantity and quality of a company's patents, including a detailed analysis of the technology's science strength, industry impact and research intensity. ParkerVision earned the highest score among the top 50 companies in both the 13-week and 5-year cumulative science strength scores and ranked second among the top 50 companies in research intensity and industry impact.
With a worldwide portfolio of 236 patents, including 25 granted this year, ParkerVision's performance on the Patent Scorecard marks the latest objective acknowledgement of the Company's innovations for wireless technology solutions. Last month, an Orlando, Florida jury determined that Qualcomm Incorporated had directly and indirectly infringed four of the Company's patents and awarded ParkerVision $172.7 million in damages for the unauthorized use of its technology in some of Qualcomm's best-selling products in the United States.
"We are pleased to once again be recognized as a leading innovator in the telecom and communications industry," said Jeffrey Parker, Chairman and Chief Executive Officer of ParkerVision. "This latest recognition by The Patent Board continues to validate the value and merit of our patent portfolio. We believe the strength of our patent portfolio, coupled with our recent court victory, paves the way for ParkerVision to become an active and rightful participant in the wireless market."
About ParkerVision, Inc.
ParkerVision, Inc. designs, develops and markets its proprietary radio frequency (RF) technologies, which enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of 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. For more information, please visit http://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, 2012 and the Forms 10-Q for the quarters ended March 31, 2013, June 30, 2013, and September 30, 2013. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
CONTACT: Investor Contact:
Cindy Poehlman
Chief Financial Officer
ParkerVision, Inc.
904-732-6100, cpoehlman@parkervision.com
or
MaryBeth Csaby
Vice President
The Piacente Group
212-481-2050, parkervision@tpg-ir.com
Media Contact:
Androvett Legal Media
Robert Tharp
800-559-4534, robert@androvett.com
