ParkerVision's German Unit Files Patent Infringement Complaint Against LG

(RTTNews) - ParkerVision, Inc. (PRKR), a manufacturer of semiconductor technology solutions for wireless applications, announced Monday that its German subsidiary, ParkerVision GmbH, has filed a complaint against LG Electronics Deutschland GmbH, a German subsidiary of LG Electronics, Inc. The complaint is for the infringement of the German part of European Patent 1 206 831.

The complaint, which was filed in Munich Regional Court, seeks injunctive relief and damages for infringing devices being offered, brought to market, used or introduced in Germany.

The company said the accused products include the LG G Flex 2, LG G3 and LG G5.

The law firm of Noerr LLP is representing ParkerVision in this action.

Jeffrey Parker, CEO of ParkerVision, said, "The decision to pursue our rights overseas was made following significant effort to reach equitable business arrangements for the use of our intellectual property. We have reached the point where international legal action is appropriate to defend our intellectual property rights abroad in order to protect the investment our shareholders have made in our patented assets."

The company added that its preference is to negotiate arms-length transactions for the use of ParkerVision's valuable intellectual property.