Exhibit 99.1

                                  RISK FACTORS

Before making an investment in ParkerVision, you should carefully consider the
risks described below.

ParkerVision has a history of losses which may ultimately compromise our ability
to implement our business plan and continue in operations.

      ParkerVision has had losses in each year since its inception in 1989, and
it continues to have an accumulated deficit. To date, our D2D products have not
produced revenues sufficient to cover operating, research and development and
overhead costs. We also will have continued expenditures for research and
development and pursing patent protection for our intellectual property. If we
are not able to generate sufficient revenues, and we have insufficient capital
resources, we will not be able to implement our business plan and investors will
suffer a loss in their investment.

ParkerVision may require additional capital in the future which if it cannot
raise will result in our not being able to implement our business plan.

      Because ParkerVision has had net losses and, to date has not generated
positive cash flow from operations, it has funded its operating losses from the
sale of equity securities from time to time. ParkerVision anticipates that its
business plan will continue to require significant expenditures for research and
development, patent protection, manufacturing, marketing and general operations.
ParkerVision's current capital resources are expected to sustain operations for
at least the next 12 months. Therefore, unless we increase revenues to a level
that they cover operating expenses or reduce costs, we may require additional
capital in the future to fund these expenses. Financing, if any, may be in the
form of loans or additional sales of equity securities. A loan or the sale of
preferred stock may result in the imposition of operational limitations and
other covenants and payment obligations, any of which may be burdensome to
ParkerVision. The sale of equity securities will result in dilution to the
current stockholders' ownership. ParkerVision does not have any plans or
arrangements for additional financing at this time.

Microelectronic hardware and software is subject to rapid technological changes
which if we are unable to match or surpass, will result in a loss of competitive
advantage and market opportunity.

      Because of the rapid technological development that regularly occurs in
the microelectronics industry, ParkerVision must continually devote substantial
resources to developing and improving its technology and introducing new product
offerings and creating new products. For example, in fiscal year 2003, we spent
approximately $15,000,000 on research and development, and we expect to continue
to spend a significant amount in this area in the future. These efforts and
expenditures are necessary to establish and increase market share and,
ultimately, to grow revenues. If another company offers better products or
ParkerVision development lags, a competitive position or market window
opportunity may be lost, and therefore the revenues or the potential of revenues
of ParkerVision may be adversely affected.


If our products are not commercially accepted, our developmental investment will
be lost and our future business continuation will be impaired.

      There can be no assurance that ParkerVision's research and development
will produce commercially viable technologies and products. If new technologies
and products are not commercially accepted, the funds expended will not be
recoverable, and ParkerVision's competitive and financial position will be
adversely affected. In addition, perception of ParkerVision's business prospects
will be impaired with an adverse impact on its ability to do business and to
attract capital and employees.

Failing to achieve market acceptance of our D2D technology will result in an
adverse impact on our business prospects and compromise the market value of the
technology.

      The ParkerVision wireless technology represents what we believe to be a
significant change in the circuit design of wireless radio-frequency
communications. To achieve market acceptance, we will need to demonstrate the
benefits of our technology over more traditional solutions through the
development of marketable products and aggressive marketing. In many respects,
because the D2D technology is a radically different approach in its industry, it
is very difficult for ParkerVision to predict the final economic benefits to
users of the technology and the financial rewards that ParkerVision might
expect. If the D2D technology is not established in the market place as an
improvement over current, traditional solutions in wireless communications, our
business prospects and financial condition will be adversely affected.

If our patents and intellectual property do not provide us with the anticipated
market protections and competitive position, our business and prospects will be
impaired.

      ParkerVision relies on its intellectual property, including patents and
patent applications, to provide competitive advantage and protect it from theft
of its intellectual property. ParkerVision believes that many of its patents are
for entirely new technologies. If the patents are not issued or issued patents
are later shown not to be as broad as currently believed or otherwise challenged
such that some or all of the protection is lost, ParkerVision will suffer
adverse effects from the loss of competitive advantage and its ability to offer
unique products and technologies. Concomitantly, there would be an adverse
impact on its financial condition and business prospects.

If we do not comply with the approval requirements of the Federal Communications
Commission in respect of our products, we will not be able to market them
resulting in a loss of business and prospects.

      ParkerVision must obtain approvals from the United States Federal
Communications Commission for the regulatory compliance of its products in the
United States. ParkerVision also may have to obtain approvals from equivalent
foreign government agencies where its products are sold internationally.
Currently, ParkerVision has obtained all required approvals. Generally the
approval process is routine and takes from one to two months without substantial
expense. In the event, however, that approval is not obtained, or there is a
change in current regulation that impacts issued approvals or the approval
process, there may be an impact on the ability of ParkerVision to market its
products and on the business prospects of ParkerVision.


If ParkerVision cannot demonstrate that its D2D products can compete in the
marketplace and are better than current electronics solutions, then we will not
be able to generate the sales we need to continue our business and our prospects
will be impaired.

      In respect of the current product offerings, ParkerVision now faces
competition from other chip suppliers such as Philips, Texas Instruments, Analog
Devices and Broadcom, and also in finished products suppliers such as Netgear,
Cisco/Linksys, Proxim/Orinoco, Symbol Technologies and D-Link. In respect of
future product offerings, it is likely that ParkerVision will face competition
from entities such as Qualcom, Nokia, Panasonic, Sony and Samsung. This
technology may also face competition from other emerging approaches or new
technological advances which are under development and have not yet emerged.

ParkerVision obtains critical components for its products from various suppliers
and licensors, some of which are single sources, which may put ParkerVision at
risk if they do not fulfill the ParkerVision requirements or they increase
prices that cannot be passed on.

      ParkerVision obtains critical components from various suppliers and
licensors, some of which are single sources. Because ParkerVision depends on
outside sources for supplies and licenses of various parts of its products,
ParkerVision is at risk that it may not obtain these components on a timely
basis or may not obtain them at all. ParkerVision maintains inventories of many
components, and to date, it has not experienced any significant problems with
respect to obtaining components. In addition, ParkerVision has neither ended or
had terminated any supply arrangements or license of critical components where
an alternative has not been readily available. Notwithstanding its past history
of supplies, maintaining inventory of some components and having licenses to
produce in the event of non-supply, if ParkerVision is unable to obtain needed
components, its business would be disrupted, and it would have to expend some of
its resources to modify its products or find new suppliers and work with them to
develop appropriate components. Although ParkerVision has been able to pass on
price increases encountered to date, ParkerVision is at risk for increases in
prices imposed by sources over which ParkerVision has no control. Any inability
of ParkerVision to obtain components or absorb price increases may have an
adverse effect on its own ability to fulfill orders and on its financial
condition.

ParkerVision believes that it will rely, in large part, on key business and
sales relationships for the successful commercialization of its D2D technology,
which if not developed or maintained, will have an adverse impact on achieving
market awareness and acceptance.

      To achieve a wide market awareness and acceptance of its D2D technology,
as part of its business strategy, ParkerVision will attempt to enter into a
variety of business relationships with other companies which will incorporate
the D2D technology into their products and/or market products based on D2D
technology through retail or direct marketing channels. These will include OEM
and VAR relationships and sales through internet and storefront retailers. This
commercialization avenue is in addition to the direct marketing that we are
engaged in through its ParkerVision.com website. ParkerVision's successful
commercialization of the D2D technology will depend in part on its ability to
meet its obligations under contracts in respect of its D2D technology and
related development requirements and the other parties using the D2D technology
as agreed. The failure of the business relationships will limit the
commercialization of the ParkerVision D2D technology which will have an adverse
impact on the business development of ParkerVision and its ability to generate
revenues and recover development expenses.


As ParkerVision increases its marketing efforts it will become more reliant on
the sales efforts of third parties that may affect revenues.

      As ParkerVision increases its consumer product offerings, it will seek
various kinds of distribution and sales methodologies which rely on third
parties. These will include OEM, VAR, internet resellers and standard retail
outlets. To service these sales methods, ParkerVision will have to maintain
inventory and supply sufficient quantities of products to the sales outlets.
Therefore, ParkerVision will have an increased exposure in its inventory
quantities and investment. ParkerVision also will have to oversee the sales
efforts of these outlets to maintain pricing structures, advertising and sales
quality and servicing and warranty claims. If ParkerVision is unable to supply
its sales channels or the third parties sell or act in ways that harm its image,
market acceptance of ParkerVision's products may be adversely affected with a
resulting loss in sales and revenues.

Marketing of the ParkerVision products will require expansion of its sales staff
and establishing marketing programs, which if not effective, may result in
limited sales.

      ParkerVision has initiated consumer sales of various products. To do this
effectively and reach the mass market for electronic products, it will need to
expand its sales staff and marketing programs. If ParkerVision is unable to find
effective sales personnel or establish effective sales programs, it will not be
able to fully realize the potential of its product offerings or grow sales. A
slower growth of sales or the harmful effects of poor marketing could increase
expenses and may adversely affect sales and revenues.

ParkerVision has limited experience in the commercial design and large scale
manufacturing of consumer products that may result in production inadequacies,
delays and rejection.

      ParkerVision has limited experience in the commercial design and large
scale manufacturing of consumer electronic products. ParkerVision outsources the
manufacture of certain components and will outsource some of its future consumer
products. If there are design flaws or manufacturing errors resulting from our
inexperience, there may be resulting delays while they are corrected. In
addition, using others to manufacture on our behalf exposes ParkerVision to
timing, quality and delivery risks. The failure to produce adequate numbers of
products, at the quality levels expected by our customers, may result in the
loss of acceptance of our consumer products, or result in excessive returns and
warranty claims. These may result in loss of commercialization opportunities as
well as adversely affect revenues and cause additional, unanticipated expenses.

ParkerVision is highly dependent on Mr. Jeffery Parker as its chief executive
officer whose services, if lost, would have an adverse impact on the leadership
of ParkerVision and industry and investor perception about ParkerVision's
future.

      Because of Mr. Parker's position in the company and the respect he has
garnered in the industries in which ParkerVision operates and from the
investment community, the loss of the services of Mr. Parker might be seen as an
impediment to the execution of the ParkerVision business plan. If Mr. Parker
were no longer available to the company, investors may experience an adverse
impact on their investment. Mr. Parker has an employment contract that expires
in September 2005. ParkerVision maintains key-employee life insurance for its
benefit on Mr. Parker.


If ParkerVision is unable to attract the highly skilled employees it needs for
research and development and sales and servicing, it will not be able to execute
its research and development plans or provide the highly technical services that
its products require.

      The business of ParkerVision is very specialized, and therefore it is
dependent on having skilled and specialized employees to conduct its research
and development activities, manufacturing, marketing and support. The inability
to obtain these kinds of persons will have an adverse impact on its business
development because persons will not obtain the information or services expected
in the markets and may prevent ParkerVision successfully implementing its
current business plans.

The outstanding options and warrants may affect the market price and liquidity
of the common stock.

      At June 30, 2004, ParkerVision had 18,006,324 shares of common stock
outstanding and had issued options and warrants to purchase 7,226,127 shares of
common stock. There are 5,500,543 options and warrants currently exercisable,
and on each of December 31, 2004 and 2005, there will be 5,922,248 and
6,541,420, respectively, of the currently outstanding options and warrants
exercisable. All of the underlying common stock of these securities is or will
be registered for sale by ParkerVision to the holder or for public resale by the
holder. The amount of common stock available for the sales may have an adverse
impact on ParkerVision's ability to raise capital and may affect the price and
liquidity of the common stock in the public market. In addition, the issuance of
these shares of common stock will have a dilutive effect on the current
stockholders' ownership of ParkerVision.

Provisions in the certificate of the incorporation and by-laws could have
effects that conflict with the interest of stockholders.

      Some provisions in the certificate of incorporation and by-laws of
ParkerVision could make it more difficult for a third party to acquire control.
For example, the board of directors has the ability to issue preferred stock
without stockholder approval, and there are pre-notification provisions for
director nominations and submissions of proposals from stockholders to a vote by
all the stockholders under the by-laws. Florida law also has anti-takeover
provisions in its corporate statute.