Great small company that makes video-conf. equipment..Now is branching out to a new field..Wireless technology..signed a deal with IBM..endless possibilities in the future.................ACKSONVILLE, Fla. (Dow Jones)--International Business Machines Corp. (IBM)
agreed to use ParkerVision Inc.'s (PRKR) wireless technology to make wireless
personal computer peripheral products.
The agreement also extends to the co-marketing of Intergrated Circuits chips,
utilizing ParkerVision's technology, to other computer peripheral device
providers and to PC makers for incorporation into their products on an
original equipment manufacturer basis, Parkervision said in a press release
Wednesday.
ParkerVision said its goal is to complete the development of its wireless
chips to IBM's satisfaction and launch the products during early 1998.
ParkerVision shares were up 3 5/8, or 19.6%, at 22 1/8 on volume of 353,600
shares.
ParkerVision designs, develops and markets CameraMan automated video camera
control systems and is engaged in the research of emerging wireless
technologies.
"Dow Jones News Service"
"Copyright(c) 1997, Dow Jones & Company, Inc."
company web page. http\\WWW parkervision.com |
