Vringo Announces Availability of Third Quarter 2011 Earnings Call Transcript

News Release Details

Vringo Announces Availability of Third Quarter 2011 Earnings Call Transcript

11/23/11
Management Team Discusses Vringo's Financial Performance and Growth Initiatives of Facetones(TM) and Other Social Mobile Applications

NEW YORK, Nov. 23, 2011 /PRNewswire/ -- Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile social and video applications, today announced the availability of the transcript for its third quarter 2011 earnings conference call, held on November 14, 2011.

During the conference call, Jon Medved, Vringo's CEO stated, "Let me say that we're pleased with our results for the third quarter of 2011 as we believe we've really set the stage for Vringo's future growth.  We began to monetize our mobile social software platforms with partners around the world.  Our subscriber base has grown substantially.  We've developed and are launching additional software platforms, and as we surpass the 400,000 download mark for our Facetones™ application we remain committed to becoming the new leader in the fast growing mobile social arena."

Vringo's management team discussed the company's services in markets around the world, its recent agreement with ZTE Corporation to preload Facetones™ on Android devices and Vringo's financial results for the third quarter.

Interested parties are encouraged to read the full transcript of the conference call, which is available at:
http://www.trilogy-capital.com/autoir/vrng_autoir.html

 

About Vringo

Vringo (NYSE Amex: VRNG) is a provider of software platforms for mobile social and mobile video services. With its award-winning video ringtone application and other mobile software platforms - including Facetones™, Video Remix and Fan Loyalty - Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo's video ringtone service enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call.  Vringo's Facetones™ product creates an automated video slideshow using friends' photos from social media web sites, which is played each time a user makes or receives a mobile call. Vringo's Video ReMix application, in partnership with music artists and brands, allows users to create their own music video by tapping on a Smartphone or tablet.  Lastly, Fan Loyalty is a platform that lets users interact, vote and communicate with contestants in reality TV series that it partners with, as well as downloading and setting clips from such shows as video ringtones. Vringo's video ringtone application has been heralded by The New York Times as "the next big thing in ringtones" and USA Today said it has "to be seen to be believed." For more information, visit: www.vringo.com

For comprehensive investor relations material, including fact sheets, white papers, conference calls and video regarding Vringo and its applications, please follow the appropriate link: Investor Portal, White Paper, Overview Video and Facetones Video.

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: our ability to raise capital to fund our operations, the continued listing of our securities on the NYSE Amex, market acceptance of our products, our ability to protect our intellectual property rights, competition from other providers and products and other factors discussed from time to time in our filings with the Securities and Exchange Commission. 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:
Company Contact:
Vringo, Inc.
Aaron Godfrey, Director of Communications
646-525-4319 x 2547
Email: agodfrey@vringo.com
Skype: agodfrey_vringo
Twitter: @vringo

 

Financial Communications:
Trilogy Capital Partners, Inc.
Darren Minton, President
Toll-free: 800-592-6067
info@trilogy-capital.com

SOURCE Vringo, Inc.