PTAB Issues Rulings in ParkerVision IPRs Filed by Intel

Rhea-AI Summary

ParkerVision, Inc. (OTCQB:PRKR) announced a favorable ruling from the Patent Trial and Appeal Board (PTAB) regarding its patents in a dispute with Intel Corporation. The PTAB upheld all seven challenged claims of ParkerVision's ‘474 Patent while rejecting one claim of the ‘444 Patent. Despite this setback, ParkerVision's CEO stated that the outcome should not adversely affect their legal standing against Intel or other parties. Currently, ParkerVision has several ongoing patent infringement cases in the Western District of Texas, with a decision on another patent expected in July 2022.

Positive

• PTAB ruled in favor of ParkerVision on all seven claims of the '474 Patent.
• The outcome preserves the validity of key claims against Intel.
• CEO stated the loss of Claim 3 of the '444 Patent won't hinder ongoing cases.

Negative

• Claim 3 of the '444 Patent was ruled against ParkerVision.

JACKSONVILLE, FL / ACCESSWIRE / January 25, 2022 / ParkerVision, Inc. (OTCQB:PRKR) announced today that the Patent Trial and Appeal Board ("PTAB") issued its final written decisions in Inter-Partes Review proceedings that Intel Corporation ("Intel") had filed against two ParkerVision patents.

The PTAB ruled in ParkerVision's favor on all seven challenged patent claims for ParkerVision's patent no. 7539474 ("the '474 Patent") and ruled against ParkerVision with regard to the one challenged claim ("Claim 3") for ParkerVision's patent no. 7110444 ("the '444 Patent").

The '474 Patent and the '444 Patent are two of twelve total patents that ParkerVision has asserted against Intel in patent infringement cases in the Western District of Texas. Intel filed IPRs against the ‘474 Patent and the '444 Patent in 2020, and the PTAB issued its decision to institute proceedings for both patents in January 2021. The '444 Patent is one of at least ten patents also asserted against TCL Industries Holdings Co. Ltd., Hisense Co., Ltd. and LG Electronics, Inc. in the Western District of Texas.

Jeffrey Parker, Chairman and Chief Executive Officer of ParkerVision stated, "We are pleased with the PTAB's overall favorable decision, which preserved the validity of all of the challenged claims of our ‘474 Patent. We do not expect the loss of Claim 3 of our '444 Patent to negatively impact our case against Intel or any other parties in the Western District of Texas as we have numerous other patents and claims asserted in each of those cases."

Mr. Parker continued, "Defendants often use the IPR process in patent infringement litigation as a mechanism to delay proceedings. We are fortunate that in most circumstances to date, the Waco court in the Western District of Texas has not stayed patent infringement actions pending IPR decisions. As a result, our infringement cases in Texas are proceeding expeditiously toward trial."

Intel has one additional IPR pending against ParkerVision's patent no. 8190108 with a decision from the PTAB expected in July 2022. Intel's deadline to file additional IPRs for the other patents asserted against them has expired.

About ParkerVision

ParkerVision, Inc. (OTCQB:PRKR) invents, develops, and licenses cutting edge, proprietary radio-frequency (RF) technologies that enable wireless solution providers to make and sell advanced wireless communication products. For more information, please visit www.parkervision.com.

Safe Harbor Statement

This press release contains forward-looking information. Readers are cautioned not to place undue reliance on any such forward-looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties which are disclosed in the Company's SEC reports, including the Form 10-K for the year ended December 31, 2020 and Forms 10-Q for the quarters ended March 31, June 30, and September 30, 2021. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.

Contact:

Cindy French
Chief Financial Officer
cfrench@parkervision.com

Tony Vignieri
Communications Director
tvignieri@parkervision.com

SOURCE: ParkerVision, Inc.

View source version on accesswire.com:
https://www.accesswire.com/685302/PTAB-Issues-Rulings-in-ParkerVision-IPRs-Filed-by-Intel

FAQ

What was the PTAB's decision regarding ParkerVision patents on January 25, 2022?

The PTAB ruled in favor of ParkerVision on all seven challenged claims of the '474 Patent and against them on one claim of the '444 Patent.

How does the PTAB ruling affect ParkerVision's cases against Intel?

Despite losing Claim 3 of the '444 Patent, CEO Jeffrey Parker stated that this will not negatively impact their overall case against Intel.

What patents are involved in the ongoing disputes between ParkerVision and Intel?

The involved patents include the '474 Patent and the '444 Patent, along with additional patents asserted in similar cases.

When is the next PTAB decision expected for ParkerVision?

A decision from the PTAB regarding another of ParkerVision's patents, no. 8190108, is expected in July 2022.