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23.06.2014 16:44:23

ParkerVision Says Disappointed With Court's Ruling On Qualcomm In Patent Dispute

(RTTNews) - ParkerVision Inc. (PRKR) announced that it is obviously disappointed with the District Court's ruling that judgment be entered for Qualcomm (QCOM) on non-infringement. It will appeal this latest ruling on non-infringement.

ParkerVision stated that on June 20, United States District Judge Roy Dalton issued the rulings related to outstanding motions in the ParkerVision v. Qualcomm patent infringement case: Qualcomm's Motion for Judgment as a Matter of Law and Motion for New Trial Regarding Invalidity was denied. Qualcomm's Renewed Motion for Judgment as a Mater of Law and Motion for New Trial Regarding Non-Infringement was granted. All other remaining motions were denied as moot.

"While we are pleased that the court upheld the jury's decision that the patents are valid, we are obviously disappointed with the District Court's ruling that judgment be entered for Qualcomm on non-infringement. We will appeal this latest ruling on non-infringement," Jeffrey Parker, Chief Executive Officer of ParkerVision said.

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QUALCOMM Inc. 147,74 -1,15% QUALCOMM Inc.