NEW YORK--(BUSINESS WIRE)--Jul. 31, 2012--
Vringo, Inc. (NYSE MKT: VRNG), a company engaged in the innovation,
development and monetization of mobile technologies and intellectual
property, is pleased to announce that it will ring The Opening Bell at
the New York Stock Exchange (NYSE) on Wednesday, August 1, 2012.
Vringo has been trading on the NYSE MKT since June 22, 2010, and on June
25, 2012 announced that it had been added to the Russell Microcap Index.
Andrew Perlman, Chief Executive Officer of Vringo commented, "We are
pleased that the New York Stock Exchange has given Vringo the honor of
ringing The Opening Bell. This occasion marks the successful completion
of our merger with Innovate/Protect. We are proud to represent our
shareholders and loyal employees."
Mr. Perlman will be joined by Seth M. Siegel, Chairman of the Board of
Directors; John Engelman, Director; Donald E. Stout, Director; Andrew K.
Lang, President, Chief Technology Officer and Director; Alexander R.
Berger, Chief Operating Officer and Director; Ellen Cohl, Chief
Financial Officer; Clifford J. Weinstein, Executive Vice President;
David L. Cohen, Special Counsel; and Josh S. Wolff, Vice President.
A live webcast of The Opening Bell will be available beginning at 9:29
a.m. EDT on the NYSE's website at www.nyse.com.
Photos and video of the NYSE Bell Ringing Ceremony will also be
available, courtesy of the NYSE, on Facebook (NYSE Euronext-Official
Site), Twitter (@NYSE_Euronext) and YouTube (nysetv1).
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 eleven patents, eight of which were
acquired from Lycos, Inc., as well as over twenty patent applications.
Vringo operates a global platform for the distribution of mobile social
applications and services including Facetones® and Video Ringtones which
transforms the basic act of making and receiving mobile phone calls into
a highly visual, social experience. 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
capital to fund our combined operations and business plan; our inability
to maintain the listing of our securities on the NYSE MKT; 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
Innovate/Protect, including the outcome of the litigation against online
search firms and other companies; and other risks and uncertainties and
other factors discussed from time to time in our filings with the
Securities and Exchange Commission ("SEC"). Investors and stockholders
are also urged to read the risk factors set forth in the definitive
proxy statement/prospectus filed with the SEC on June 21, 2012. 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.
Source: Vringo, Inc.
Investors:
Vringo, Inc.
Cliff
Weinstein, 646-532-6777 (o)
Executive Vice President
cliff@vringo.com
or
Media:
The
Hodges Partnership
Caroline L. Platt, 804-788-1414 (o)
804-317-9061
(m)
cplatt@hodgespart.com
