JACKSONVILLE, Fla., Aug. 01, 2017 (GLOBE NEWSWIRE) -- ParkerVision, Inc. (Nasdaq:PRKR) (“ParkerVision”), a developer and marketer of semiconductor technology solutions for wireless applications, announced today that it will begin taking orders for Milo, its new distributed Wi-Fi system for consumers, by the middle of August. Milo delivers the combination the company believes consumers are looking for in affordability without compromising performance. Milo will initially be available for purchase at Amazon.com, as well as the Milo online store at milowifi.com.
Designed for scalability, Milo systems provide “whole home” Wi-Fi coverage for small and large residences alike, eliminating dead-zones and slow data rate areas while adding coverage in difficult to reach locations. In field tests, users, including those with state-of-the-art Wi-Fi routers, benefited by Milo’s unique capability for adding new wireless coverage areas while not duplicating existing coverage that was already working well.
ParkerVision CEO Jeffrey Parker stated, “We are excited for the launch of the Milo Wi-Fi product line. Milo has been designed for broad appeal to home and small office users who want reliable Wi-Fi everywhere without the investment of hundreds of dollars. Today’s consumers continue to add Wi-Fi enabled devices such as phones, tablets, cameras, thermostats, doorbells, lights, power sockets, televisions, and more. Reliable distributed Wi-Fi is essential to enjoying the benefits of the internet-connected home and is at the core of one of today’s greatest new markets; the internet of things and smart homes.”
Mr. Parker continued, “Current consumer Wi-Fi solutions for spotty coverage include either poorly made and ineffective extenders and repeaters or expensive mesh networking devices. Milo is an affordable solution that is perfect for small and large homes alike. With Milo’s cloud-based self-optimization and a US-based team of customer service representatives, our commitment is to ensure every Milo user can achieve the benefit of Wi-Fi everywhere.”
To remain updated on the Milo introduction, please register at milowifi.com.
About ParkerVision, Inc.
ParkerVision, Inc. designs, develops and markets its proprietary radio-frequency (RF) technologies and products, which enable advanced wireless solutions for current and next generation communications networks. Protected by a highly-regarded, worldwide patent portfolio, the Company's solutions for wireless transfer of RF waveforms address the needs of a broad range of wirelessly connected devices for high levels of RF performance coupled with best-in-class power consumption. For more information please visit www.parkervision.com. (PRKR-G)
Safe Harbor Statement
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 10-K for the year ended December 31, 2016 and the Form 10-Q for the quarter ended March 31, 2017. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
CONTACT: Cindy Poehlman Chief Financial Officer ParkerVision, Inc. 904-732-6100, cpoehlman@parkervision.com Laurie Little The Piacente Group 212-481-2050 parkervision@tpg-ir.com
