In This Article:
CEO Provides Overview of Rulings Under Appeal
JACKSONVILLE, FL / ACCESSWIRE / November 6, 2023 / ParkerVision, Inc. (OTCQB:PRKR) is scheduled to appear at the United States Court of Appeals for the Federal Circuit ("CAFC") this morning for oral arguments in ParkerVision v. Qualcomm (Case No. 2022-1755). ParkerVision (the "Company") filed its notice of appeal in April 2022 following rulings by the U.S. District Court in the Middle District of Florida (Orlando Division) in the Company's patent infringement case against Qualcomm (Case No. 6:14-cv-00687) that resulted in the court closing the case file and terminating ParkerVision's right to a jury trial.
ParkerVision CEO Jeffrey Parker commented, "I have been contacted by many shareholders with questions about the appealed rulings in this case. All of the legal briefs filed with the CAFC in this case are available on our website at https://parkervision.com/pvcase-jrk-2/. In addition, the Company has posted an overview of the district court rulings that are subject to this appeal, along with a summary of the underlying facts, evidence and arguments presented in our briefs to the CAFC, and the expected impact of each of these rulings on the case. This document can be found at Case Appeal Overview.
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 statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. All statements, other than statements of historical fact, included or incorporated in this press release are forward-looking statements. The Company does not guarantee that it will actually achieve the plans, intentions or expectations disclosed in its forward-looking statements and you should not place undue reliance on the Company's forward-looking statements.
Forward-looking statements involve risks and uncertainties, and actual results could vary materially from these forward-looking statements. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by its forward-looking statements, including those important factors set forth under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2022 and disclosures in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 and June 30, 2023, filed with the Securities and Exchange Commission. Although the Company may elect to do so at some point in the future, the Company does not assume any obligation to update any forward-looking statement and it disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.