NetworkNewsBreaks – ParkerVision, Inc. (NASDAQ: PRKR) Shares Plunge on Holding Decision in Infringement Case Against Apple (NASDAQ: AAPL)

Shares of ParkerVision (NASDAQ: PRKR) plunged 14% mid-day on news that the Regional Court of Munich is holding its decision in the ParkerVision v. Apple (NASDAQ: AAPL) infringement case until after the German Federal Patent Court rules on the associated pending nullity action. Similarly, the company’s final resolution in its German case against LG is pending the same action. The company expects a preliminary nullity decision before the end of 2017. “We remain optimistic that the Federal Patent Court will come to that conclusion yet this year enabling us to request the Regional Court to issue an enforceable injunction against both Apple and LG. In the meantime, we will continue to defend our intellectual property and believe maintaining the course on the enforcement actions of our patent rights will ultimately result in valuable asset monetization for the company,” ParkerVision CEO Jeffrey Parker stated in the news release.

To view the full press release, visit: http://nnw.fm/fW0sF

About ParkerVision

ParkerVision, Inc. designs, develops and markets its proprietary radio-frequency (RF) technologies, which enable advanced wireless solutions for current and next generation communications networks. Protected by a highly-regarded, worldwide patent portfolio, the company’s solutions for wireless transfer of RF waveforms address the needs of a broad range of wirelessly connected devices for high levels of RF performance coupled with best-in-class power consumption.  For more information please visit www.parkervision.com.

About NetworkNewsBreaks

NetworkNewsBreaks (NNB) provide a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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