RFMW Ltd. and ParkerVision, Inc. (Nasdaq:PRKR) have announced a worldwide distribution agreement for ParkerVision products and services. ParkerVision, Inc. is a developer, manufacturer and marketer of semiconductor technology solutions for wireless applications. RFMW Ltd. is a specialized, technology based component distribution organization providing customers and suppliers with a solutions oriented sales and marketing team. RFMW is dedicated to offering the highest levels of customer service and specialized component-engineering support.
Under the agreement, RFMW will support sales and distribution logistics of ParkerVision’s high performance modulators and demodulators, operational amplifiers, low noise amplifiers and power management ICs. In addition, RFMW will provide access to ParkerVision’s engineering services and ASIC design services.
“RFMW offers us the focused distribution channel partner we need to service our growing customer base. ParkerVision products are ideal for emerging markets such as Internet of Things (IOT) and mobile products. The RFMW sales and marketing team provides unmatched technical prowess where recognition of diverse opportunities is fundamental,” said John Stuckey, Executive Vice President of ParkerVision. “RFMW’s expertise in customer support and opportunity development will be an asset to us as we strive to capture the abundant new applications in which our products provide a technical edge.”
According to Joel Levine, President and CEO of RFMW, “ParkerVison’s technology edge is a true differentiator in the markets that RFMW is currently addressing. ParkerVision’s capabilities and modulator/demodulator products are without equal and add a new dimension to the customer applications we can support.”
Going further, Mr. Levine added “The ParkerVision team is extremely knowledgeable and supportive of our efforts to broaden their customer base into new and emerging applications worldwide.”