Shares of ParkerVision, Inc. (NASDAQ: PRKR) are up 33% this morning on news the Patent Trial and Appeal Board (PTAB) has issued its latest favorable decision for the company in regard to the petitions for Inter Partes Review (IPR) filed by Qualcomm (NASDAQ: QCOM) against ParkerVision patents. Today’s news increases the favorable decisions for the company to over six out of the ten petitions originally filed. There are no further IPR’s challenging ParkerVision patents currently before the PTAB. “We continue to take positive steps forward in our Qualcomm proceedings and believe these results are indicative of the strength of ParkerVision’s innovations and our plan to realize the value of those assets, particularly in light of the high success rate of petitioners in invalidating patents through IPR challenges. We are pleased that the PTAB confirmed the validity of claims from both of the patents we chose to defend,” ParkerVision CEO Jeffrey Parker stated in the news release.
To view the full press release, visit: http://nnw.fm/eF3ip
ParkerVision, Inc. designs, develops and markets its proprietary radio-frequency (RF) technologies that 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.
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