ParkerVision, Inc. Announces Changes to Board of Directors
September 19, 2018
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ParkerVision, Inc. announced that it has reduced the size of its Board of Directors from eight to five members. In connection with the restructuring, the Board accepted the resignation of four directors: Mr. William Hightower, Mr. John Metcalf, Dr. Nam Suh and Mr. Papken der Torossian. Lewis (Lew) Titterton was appointed as a Class I director to fill a vacancy resulting from the board restructuring. Mr. Titterton has a strong background in technology with an emphasis in healthcare. He is the current Chairman of the Board of NYMED, Inc., a position he has held since 1989.
ParkerVision, Inc. is engaged in the business of fundamental wireless technologies and products. The Company has designed and developed proprietary radio frequency (RF) technologies and integrated circuits based on those technologies, and it licenses the Companyâs technologies to others for use in wireless communication products. The Company has patent enforcement actions ongoing in various United States district courts against mobile handsets, smart television and other wireless fidelity (WiFi) product providers, as well as semiconductor suppliers, for the infringement of several of its RF patents. Its RF technologies enable transmission and reception of RF carriers at low power consumption, thereby enabling extended battery life, and certain size, cost, performance and packaging advantages. The Company is focused on the enforcement of its intellectual property rights through licensing efforts and patent infringement litigation. Its wholly owned German subsidiary is ParkerVision GmbH.
PARKERVISION, INC. 