ACCESSWIRE
10 Aug 2022, 06:25 GMT+10
JACKSONVILLE, FL / ACCESSWIRE / August 9, 2022 / ParkerVision, Inc. (OTCQB:PRKR) ('ParkerVision'), a developer and marketer of technologies and products for wireless applications, today announced results for the three and six months ended June 30, 2022.
Recent Developments
Jeffrey Parker, Chairman and Chief Executive Officer, commented, 'We continue to prepare for trial in Waco, Texas in our case against Intel. The trial date was moved eight weeks to accommodate an extension of discovery and expert reports based on the court's agreement to allow the Company to amend its complaint to add willfulness to the infringement claims. We look forward to presenting the facts of this case to a jury.'
Mr. Parker continued, 'We expect to file our appeal brief in the Qualcomm case this month. We believe the brief will clearly explain the Orlando court's error in its disposal of our long-awaited day in court and denial of our right to a jury trial on Qualcomm's infringement.'
Financial Results
About ParkerVision
ParkerVision, Inc. invents, develops and licenses cutting-edge, proprietary radio-frequency (RF) technologies that enable wireless solution providers to make and sell advanced wireless communication products. ParkerVision is engaged in a number of patent enforcement actions in the U.S. to protect patented rights that it believes are broadly infringed by others. For more information, please visit www.parkervision.com. (PRKR-I)
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 that are disclosed in the Company's SEC reports, including the Form 10-K for the year ended December 31, 2021 and the Forms 10-Q for the quarters ended March 31, 2022 and June 30, 2022. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
CONTACT
Cindy French
Chief Financial Officer
ParkerVision, Inc
cfrench@parkervision.com
(TABLES FOLLOW)
ParkerVision, Inc.
Balance Sheet Highlight
ParkerVision, Inc.
Summary Results of Operations (unaudited)
ParkerVision, Inc.
Summary of Cash Flows
(unaudited)
SOURCE: ParkerVision, Inc.
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