ParkerVision Amends Shareholder Protection Rights Agreement, Extends Expiration Date And Lowers Exercise Price To $1.45

ParkerVision, Inc.

(the "Company") today announced that it has amended its Shareholder Protection Rights Agreement (the "Rights Agreement") dated November 21, 2005. The amendment extends the expiration date of the Rights Agreement from November 21, 2015 to November 20, 2020 and decreases the exercise price under the Rights Agreement to $1.45. The amendment to the Rights Agreement was not adopted in response to any acquisition proposal. On November 20, 2015, the Company filed a Current Report on Form 8-K with the Securities and Exchange Commission that provides the full text of the amendment.