Direct From The Users - Early Adopters Share Their Experiences With The New ParkerVision(TM) Wireless Networking SystemJACKSONVILLE, Florida, March 3, 2004 -- ParkerVision, Inc. (NASDAQ: PRKR), announced today that it has added to its website, www.direct2data.com, an initial series of some of the user testimonials for the new ParkerVision™ complete wireless networking system. The user review section of the website is designed to help potential customers understand the benefits of ParkerVision's products through the experience of independent third party users.
While companies can make claims of superior performance, nothing can take the place of independent user evaluations. Here are some of the comments we have received:
"I have seen a demonstration of the ParkerVision™ complete networking system including the wireless router and I am convinced that these are the best performance Wi-Fi products I have ever seen. The performance in both distance and the reliable connectivity is unparalled to other available systems on the market today. It made me a true believer in the promise of ParkerVision's D2D™ technology. I am excited to be the first to introduce ParkerVision's full wireless networking system to the retail marketplace." -- Gilbert Fiorentino, CEO of TigerDirect.
"I used the ParkerVision system in a hotel where I am installing WLAN and was able to cover two floors down and two floors up. It worked much better than anything I've tried including enterprise grade equipment. Unbelievable! Then I put the ParkerVision wireless router on the roof of an 18th story building and drove with a laptop using ParkerVision's USB adapter and I had great connectivity for a mile in every direction I traveled!" -- F. Marks, President of Internet Co. Florida
"I have followed the D2D™ technology developments and couldn't wait to try it in a product. I was ecstatic when it exceeded ALL my expectations! A single ParkerVision wireless router covered an area that my IT installer said would take at least six Linksys routers to cover. In addition to the equipment and ongoing maintenance savings, I was able to eliminate all the wiring that would have been required between the routers. It made my IT installers' jaw drop!" -- D. Keefe, Apartment Owner, IL
"I must say, this product delivered what you promised. I ran it side-by- side with an industrial Symbol Technologies AP and it more than doubled the effective range, at a FULL 11Mbps! WOW! Thanks." -- M. Brown, RFID Engineering Mgr.
"I just installed ParkerVision's wireless router model 1500WR in my home and WOW! Not only does it cover my 5-bedroom condominium, but it also allows me to surf the net on all my balconies. So now I can work and enjoy the views at the same time! No other product that we tested ever allowed us to get anywhere near this kind of coverage. Thanks, ParkerVision!" -- G. Brodie, Florida condo owner.
"Before we installed the ParkerVision wireless router, my son was tied to the computer in his bedroom. Our expectation was that good wireless products would give him the freedom to work on the other side of the house in the kitchen and spend a little more time with Mom and Dad. Other products that we tested could not deliver the coverage we needed. ParkerVision's products delivered that and more. Although he does spend some time in the kitchen with Mom and Dad, he now prefers surfing down by the lake some 350 feet away. Well, at last we got him out of his bedroom! Thanks -- we think?" -- H. Kaller, Miami homeowner.
Chairman and CEO, Jeffrey L. Parker stated, "The Company is delighted with the response and the performance of our complete ParkerVision wireless networking system, which now includes the model 1500WR, wireless router. Our new router and our previously released wireless laptop and desktop products are all powered by our own D2D™ technology. The excellent coverage, distance and data rate performance is due to our patented radio technology, which achieves this level of performance while still using standard omni- directional antennas. We have consistently stated that we would deliver the best performing wireless networking products in the world and now the world is reporting back to us that we do. These reviews are just a small sampling of the differences that are experienced by using ParkerVision's products compared to others that are available today.
"Initially the company manufactured a limited supply of wireless routers to be sure that we were completely satisfied with the manufacturing process. We are now ramping production of these products so that we are capable of volume deliveries in the March/April time frame. We will continue to move forward with our marketing and distribution plan, which will initially consist of Internet Retailers, Resellers, IT networkers, and selective national and regional store-front retailers. We have engaged professionals in the areas of retail distribution and public relations to help facilitate this effort."
ParkerVision, Inc., headquartered in Jacksonville, with additional facilities in Orlando, Florida, was incorporated in 1989 and designs, develops and manufactures communications technology platforms and products for the wireless and video industries. The video division is engaged in the design; development and marketing of automated live production systems for broadcasting, webcasting, and automated video camera control systems.
ParkerVision is a leader in direct conversion radio technology. Its patented D2D™ radio communications technology enables the development of advanced, highly integrated products for a wide range of wireless and wired radio-based devices. D2D™'s innovative RF technology simplifies wireless electronics, resulting in smaller, cost-effective, high-performance wireless communications products. Additional information about ParkerVision is available at www.parkervision.com and about D2D™ technology at www.Direct2Data.com.
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 10K for the year ended December 31, 2002 and the Forms 10Q for the quarters ended March 31, 2003, June 30, 2003 and September 30, 2003. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.