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| PRKR > SEC Filings for PRKR > Form 8-K on 4-Dec-2008 | All Recent SEC Filings |
4-Dec-2008
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
On December 4, 2008, ParkerVision (the "Company") entered into a product and market development agreement (the "Agreement") with LG Innotek Co., Ltd. ("LGIT"), a division of LG Group. The Company issued a press release dated December 4, 2008, a copy of which is attached as Exhibit 99.1, announcing this Agreement and that a conference call is to be held at 9am EST on December 8, 2008 to further discuss the announcement.
Under the terms of the Agreement, ParkerVision and LGIT will work cooperatively to develop and market LGIT RF System-In-Package modules that incorporate ParkerVision's patented RF integrated circuits for the reception, transmission and power amplification of RF carrier signals. ParkerVision will supply LGIT with integrated circuits as tested, unpackaged dies under a supply agreement between the parties, the terms of which will be finalized as part of the program plan.
LGIT intends to sell the RF modules to existing and new customers for commercial HEDGE mobile handset and datacard applications. HEDGE applications incorporate support for GSM, EDGE, WCDMA, and HSPA waveform standards, addressing 3G as well as legacy 2G and 2.5G applications.
99.1 Press release of the Company dated December 4, 2008
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