NEW YORK - May 2, 2013 - Vringo, Inc. (NASDAQ: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced that multiple patent applications in Vringo's telecom infrastructure portfolio have been granted.
"As of today, we have over 100 patent applications pending, including 24 in Europe and 47 in the United States," said Andrew K. Lang, President and Chief Technology Officer of Vringo. "Vringo is committed to the continued development of its patent portfolio."
The following patent applications, which Vringo acquired last year, have now been granted:
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Hong Kong Patent No. 1,108,311B and its Singapore counterpart, Patent No. 154,528, both entitled "System and Method for Informing a Sender of a Message of Content Adaption and Message Failure Issues"
The granted European Patents have left the European Patent Office and are now in the jurisdiction of various national offices. These patents will be validated nationally in the relevant member states in due course.
The European Patent Office has also sent a notice of intention to grant European Patent No. 1,719,352, entitled "Packet Switched Handover in a Mobile Communication System, During which a Mobile Node Receives Packets from a Source Node and a Target Node".
On April 24, 2013, the State Intellectual Property Office granted Chinese Patent No. ZL201010526581.4, entitled, "Method for Transmitting a Sequence of Symbols". An extension in Macao will follow in due course.
In addition, two U.S. patents based on Vringo's internally developed technology have been granted: U.S. Patent No. 8,295,205, entitled "Contact Matching of Changing Content Across Platforms" and U.S. Patent No. 8,275,360, entitled "Mobile Video Dating Service".
About Vringo, Inc.
Vringo, Inc. is engaged in the innovation, development and monetization of mobile technologies and intellectual property. Vringo's intellectual property portfolio consists of over 500 patents and patent applications covering telecom infrastructure, internet search, and mobile technologies. The patents and patent applications have been developed internally, and acquired from third parties. Vringo operates a global platform for the distribution of mobile social applications and services. For more information, visit: www.vringoIP.com.
Forward-Looking Statements
This press release includes forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially include, but are not limited to: the inability to realize the potential value created by the merger with Innovate/Protect for our stockholders; our inability to raise additional capital to fund our combined operations and business plan; our inability to monetize and recoup our investment with respect to patent assets that we acquire; our inability to maintain the listing of our securities on NASDAQ; the potential lack of market acceptance of our products; our inability to protect our intellectual property rights; potential competition from other providers and products; our inability to license and monetize the patents owned by our subsidiaries, including the outcome of the litigation against online search firms and other companies; our inability to monetize and recoup our investment with respect to patent assets that we acquire; and other risks and uncertainties and other factors discussed from time to time in our filings with the Securities and Exchange Commission ("SEC"), including our annual report on Form 10-K filed with the SEC on March 21, 2013. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.
Contacts
Investors and Media:
Cliff Weinstein
Executive Vice President
Vringo, Inc.
646-532-6777
cweinstein@vringoinc.com
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Source: Vringo, Inc. via Thomson Reuters ONE
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