ParkerVision 1999 10-K, filed on March 30, 2000

 

The Company completed the development of a WLAN demonstrator that demonstrates several of the technological breakthroughs made possible by the Company's D2D(TM) technology. The Company also entered into a licensing agreement with Symbol Technologies, Inc. ("Symbol"), a leading provider of mobile data management systems and services for WLAN products. The agreement calls for D2D(TM) to be incorporated into the majority of Symbol's future WLAN products and for Symbol to be the sole licensee in the WLAN marketplace. Under the terms of the agreement, the Company received prepaid royalties and will receive additional payments over time for the sale by Symbol of products including the D2D(TM) technology.