JACKSONVILLE, Fla., March 12, 2018 -- ParkerVision, Inc.(Nasdaq:PRKR) (ParkerVision), a developer and marketer of semiconductor technology solutions for wireless applications, announced today that on March 8, 2018, Judge Brian J. Davis of the Federal Court in the Middle District of Florida denied Qualcomms motion to transfer to the Southern District of California and denied Apples motion to dismiss for improper venue pertaining to ParkerVisions patent infringement suit against Qualcomm and Apple (Case No. 3:15-cv-1477).
On January 9, 2018, the Magistrate Judge, at the request of Judge Davis, filed a report and recommendation with the court regarding the motion to transfer filed by Qualcomm and the motion to dismiss filed by Apple, recommending denial of both motions. Qualcomm filed the only objection to the report and recommendation. The court had the ability to accept, reject or modify in whole or in part the findings or recommendations of the magistrate judge.
We are pleased that Judge Davis has agreed with ParkerVision that the Middle District of Florida is the proper venue for this case. We anticipate the case can now move expeditiously toward a Markman hearing, and we look forward to the courts guidance on claim construction, said ParkerVision CEO Jeffrey Parker.
ParkerVision, Inc.designs, develops and markets its proprietary radio-frequency (RF) technologies, which enable advanced wireless solutions for current and next generation communications networks.ParkerVisionalso develops and markets a family of products under the Milo brand that leverages existing Wi-Fi infrastructure to create more optimal Wi-Fi configuration and superior coverage for small businesses and consumers. For more information please visitwww.parkervision.com.
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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 Company'sSEC reports, including the Form 10-K for the year endedDecember 31, 2016and the Form 10-Q for the quarter endedSeptember 30, 2017. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
Chief Financial Officer
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