Latest news with #ParkerVision
Associated Press
02-06-2025
- Business
- Associated Press
ParkerVision Responds to Court Ruling in Long-Running Patent Case Against Qualcomm
Company Believes Ruling Conflicts with Higher Court Guidance JACKSONVILLE, FL / ACCESS Newswire / June 2, 2025 / ParkerVision, Inc. (OTCQB:PRKR), a leader in wireless radio-frequency (RF) innovation, today issued a statement in response to a recent claim construction ruling from the U.S. District Court for the Middle District of Florida in its over 11-year patent infringement lawsuit against Qualcomm. This recent ruling only impacts the receiver patent claims in this case and is not relevant to the transmitter claims in this case. The court's order granted Qualcomm's request to interpret certain terms in ParkerVision's patents in a manner that the company asserts is in conflict with the language of the patents and commonly understood claim construction principles, and importantly, conflicts with prior guidance issued by the higher court, the U.S. Court of Appeals for the Federal Circuit (Federal Circuit). Claim construction is where the court may further define a specific term in a patent claim. While a term is presumed to have its plain and ordinary meaning, the court may define it more narrowly if certain conditions are present. ParkerVision does not believe there was any basis for the court to 'read in' a limitation to the terms in this case as it did in its ruling. 'We respectfully disagree with the Court's ruling and its recent interpretation of our patent claims,' said Jeffrey Parker, CEO of ParkerVision. 'The Federal Circuit made clear that our patents in this case do not include what has become known as the 'generating' limitation which was central to the non-infringement finding in an earlier case against Qualcomm. The 'generating' limitation was defined in the prior case as where RF down conversion occurs at or after a capacitor and is clearly not what the patents in this case cover. Our patented technology performs down-conversion at a switch - a distinction that the Federal Circuit explicitly acknowledged in its ruling last year. If the patents in this case did cover such 'capacitor down conversion,' the Federal Circuit would have upheld this district court's prior ruling on collateral estoppel, which prevented us from asserting the receiver patents in this case. To the contrary, the Federal Circuit reversed the district court and sent this case back for trial on these patents.' ParkerVision contends that Qualcomm is well aware that capacitors cannot perform down conversion and that limiting these patents to capacitors performing down conversion is contrary to what the patents expressly claim and how Qualcomm's products operate. It also does not align with the detailed teaching of its novel technology that ParkerVision provided to Qualcomm in prior business negotiations between the companies which exclusively disclosed switches used for down conversion. Parker added, 'We've fought for over a decade to protect our innovations that we believe have enabled billions of wireless chips shipping every year; and we're committed to seeing this through. We respect the Court's responsibility in resolving patent disputes, and we are hopeful there is still a path to correct this issue. I don't know how much clearer this issue could be as one of the patent claims specifically states that RF down conversion occurs at the 'UFT Module' (acronym for 'Universal Frequency Translation Module'). The patent shows that the UFT is made exclusively from a switch and is never shown as an 'energy storage device' (capacitor). I believe Qualcomm's motivation is that it has represented to this court multiple times that its accused infringing products use switches for down conversion and therefore is trying to convince the court that our patents use something other than switches.' The company is considering its legal options and is prepared to pursue further appellate review if necessary. Parker added, 'We believe the record - and the law - support our position. Our investors, partners, and stakeholders can rest assured: we will continue to defend our intellectual property with integrity and resolve. This is important not just for ParkerVision but for the integrity of protecting all American innovators. Our country has never been more challenged by the rising threat from foreign competition than it is today, and the integrity of our patent system is critical to supporting American innovation to counter this growing challenge.' About ParkerVision ParkerVision, Inc. is an innovator in radio-frequency (RF) technologies used in advanced wireless communication systems. The company holds an extensive patent portfolio in the U.S. and internationally and continues to pursue licensing and enforcement strategies to protect its intellectual property rights. For more information, please visit Safe Harbor Statement This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding ParkerVision's legal strategies, expectations concerning litigation outcomes, the potential for appellate review, and the Company's commitment to protecting and enforcing its intellectual property rights. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially, including factors beyond the Company's control. Factors that could cause actual results to differ materially include, but are not limited to, the outcome of legal proceedings, interpretations of patent law by the courts, the ability to obtain favorable rulings on appeal, and other risks detailed in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent filings. Forward-looking statements can be identified by words such as 'believe,' 'hopeful,' 'prepared to,' 'committed to,' and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Contact: Cindy French Chief Financial Officer [email protected] Tony Vignieri Communications Director [email protected] SOURCE: ParkerVision, Inc. press release
Associated Press
21-05-2025
- Business
- Associated Press
ParkerVision Announces Filing of Shelf Registration Statement
JACKSONVILLE, FL / ACCESS Newswire / May 21, 2025 / ParkerVision, Inc. (OTCQB:PRKR), today announced that it has filed a shelf registration statement (the 'Shelf Registration') on Form S-3 with the Securities and Exchange Commission ('SEC'). If and when declared effective by the SEC, the Shelf Registration will allow the Company to offer and sell, from time to time, up to an aggregate of $25 million of its common stock, warrants, or a combination thereof, on a registered basis, subject to market conditions, the Company's capital needs, and limitations imposed by the SEC. The price and terms of any securities offered under the Shelf Registration would be determined at the time of any such offering. The Company has no immediate plans to offer or sell any securities under this Shelf Registration. However, the Company feels it is prudent to include this optionality as a matter of standard corporate governance in order to have the flexibility to respond to future financing needs. 'While we have no current plans to offer securities under this shelf registration, putting this shelf in place provides us with enhanced financial flexibility to prudently capitalize on opportunities that may emerge in the future for the Company,' said Jeffrey Parker, CEO of ParkerVision. The Shelf Registration has been filed with the SEC but has not yet become effective. Securities may not be sold nor may offers to buy be accepted prior to the time that the Shelf Registration becomes effective. The Shelf Registration does not constitute a commitment by the Company to sell any specific amount of securities. Any further offerings under the Shelf Registration, if made, will be subject to the Company's discretion and applicable market conditions. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About ParkerVision ParkerVision, Inc. invents, develops, and licenses advanced, proprietary radio-frequency (RF) technologies that empower 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 being broadly infringed upon by others. For more information, please visit Safe Harbor Statement This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions as of the date of this release, and involve known and unknown risks and uncertainties that could cause actual results to differ materially. These forward-looking statements may include, but are not limited to, statements regarding the Company's ability to access the capital markets, raise future financing, or sell securities pursuant to the Shelf Registration. Actual results may differ materially due to market conditions and other risks discussed in the Company's filings with the Securities and Exchange Commission. Risks and uncertainties that may cause actual results to differ include risks disclosed in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent filings. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances. Contact: SOURCE: ParkerVision, Inc. press release
