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Securities and Exchange Commission
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 12, 1999
PARKERVISION, INC.
(Exact name of registrant as specified in its charter)
Florida 0-22904
(State or other jurisdiction of incorporation) (Commission File No.)
8493 Baymeadows Way
Jacksonville, Florida 32256
(Address of principal executive offices)
Registrant's telephone number, including area code:(904) 737-1367
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Item 4. Changes in Registrant's Certifying Accountant
(a) Previous independent accountants
(i) On November 12, 1999, ParkerVision, Inc.
("Registrant"), dismissed Arthur Andersen, LLP as its independent accountants.
(ii) The reports of Arthur Andersen, LLP on the consolidated
financial statements for the past two fiscal years contained no adverse opinion
or disclaimer of opinion.
(iii) The Registrant's Board of Directors participated in and
approved the decision to change independent accountants on November 8, 1999.
(iv) In connection with its audits for the two most recent
fiscal years and through September 30, 1999, there have been no disagreements
with Arthur Andersen, LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of Arthur Andersen, LLP would
have caused them to make reference thereto in their report on the consolidated
financial statements for such years.
(v) During the two most recent fiscal years and through
September 30, 1999, there have been no reportable events (as defined in
Regulation S-K Item 304(a)(1)(v)).
(vi) The Registrant has requested that Arthur Andersen, LLP
furnish it with a letter addressed to the SEC stating whether or not it agrees
with the above statements. A copy of such letter, dated November 16, 1999, is
filed as Exhibit 16.1 to this Form 8-K.
(b) New independent accountants
The Registrant engaged PricewaterhouseCoopers LLP as its new
independent accountants as of November 15, 1999. During the two most recent
fiscal years and through September 30, 1999, the Registrant has not consulted
with PricewaterhouseCoopers LLP regarding (i) the application of accounting
principles to a specified transaction, either completed or proposed, or the type
of audit opinion that might be rendered on the Registrant's consolidated
financial statements, and no written report or oral advice was provided to the
Registrant by concluding there was an important factor to be considered by the
Registrant in reaching a decision as to an accounting, auditing or financial
reporting issue; or (ii) any matter that was either the subject of a
disagreement, as that term is defined in Item 304(a)(1)(iv) of Regulation S-K
and the related instructions to Item 304 of Regulation S-K, or a reportable
event, as that term is defined in Item 304(a)(1)(iv) of Regulation S-K.
Item 7. Financial Statement and Exhibits
(c) The following documents are filed herewith as exhibits:
16.1 Letter from Arthur Andersen, LLP dated November 16, 1999.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PARKERVISION, INC.
/s/ Jeffrey Parker
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Name: Jeffrey Parker
Title: Chief Executive Officer
Date: November 16, 1999.
Exhibit 16.1
November 16, 1999
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: ParkerVision, Inc.
Dear Sir/Madam:
We have read paragraph (a) of Item 4 included in the Form 8-K dated November 16,
1999 of ParkerVision, Inc. filed with the Securities and Exchange Commission and
are in agreement with the statements contained therein.
Yours very truly,
/s/ Arthur Andersen, LLP
