Vringo Stockholders to Vote on Pending Merger with Innovate/Protect
NEW YORK--(BUSINESS WIRE)--Jun. 21, 2012--
Vringo, Inc. (NYSE MKT: VRNG), a provider of software platforms for
mobile social and video applications, today announced that the Company’s
Annual Meeting of Stockholders will be held on July 19, 2012, at 10 a.m.
at the offices of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
located at the Chrysler Center, 666 Third Avenue, 32nd Floor,
New York, NY. At such meeting, Vringo stockholders will consider and
vote on, among other things, certain matters in connection with the
proposed merger of Vringo and Innovate/Protect, Inc. pursuant to their
previously announced definitive merger agreement. The Board of Directors
of Vringo has recommended approval of the merger and encourages
stockholders to vote “FOR” each proposal as set forth in the definitive
proxy statement.
Vringo has set the close of business on June 8, 2012 as the record date
for the determination of its stockholders entitled to vote at the annual
meeting of stockholders.
Vringo stockholders are encouraged to read the definitive proxy
statement in its entirety as it provides, among other things, a detailed
discussion of the proposed merger.
About Vringo, Inc.
Vringo (NYSE MKT: VRNG) is a provider of software platforms for mobile
social and video applications. 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 has entered into a definitive merger agreement with
Innovate/Protect, Inc. For more information, visit: www.vringoIP.com.
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. Vringo's Facetones™ application creates an
automated video slideshow using friends' photos from social media web
sites, which is played each time a user communicates with a friend using
a mobile device. For more information, visit: www.vringo.com
and www.vringoinc.com.
About Innovate/Protect, Inc.
Innovate/Protect, Inc. is an intellectual property firm founded in 2011
whose wholly-owned subsidiary, I/P Engine, Inc. holds eight patents that
were acquired from Lycos, Inc.
Important Additional Information Will Be Filed with the SEC
This communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities of Vringo, or
Innovate/Protect or the solicitation of any vote or approval. In
connection with the proposed transaction, Vringo filed with the
Securities and Exchange Commission (“SEC”), and the SEC has declared
effective, a Registration Statement on Form S-4 that includes a proxy
statement/prospectus of Vringo. The definitive proxy
statement/prospectus of Vringo will be mailed to the stockholders of
Vringo and the stockholders of Innovate/Protect beginning today.
Investors and security holders of Vringo and Innovate/Protect are urged
to read carefully the definitive proxy statement/prospectus relating to
the merger (including any amendments or supplements thereto) in its
entirety because it will contain important information about Vringo,
Innovate/Protect and the proposed transaction.
Investors and security holders of Vringo will be able to obtain free
copies of the definitive proxy statement/prospectus for the proposed
merger and other documents filed with the SEC by Vringo through the
website maintained by the SEC at www.sec.gov.
In addition, investors and security holders of Vringo and
Innovate/Protect will be able to obtain free copies of the definitive
proxy statement/prospectus for the proposed merger by contacting Vringo,
Inc., Attn.: Cliff Weinstein, VP Corporate Development, at 44 W. 28th
Street, New York, New York 10001, or by e-mail at cliff@vringo.com.
Investors and security holders of Innovate/Protect will also be able to
obtain free copies of the definitive proxy statement/prospectus for the
merger by contacting Innovate/Protect, Attn.: Chief Operating Officer,
380 Madison Avenue, 22nd Floor, New York, NY 10017, or by e-mail at info@innovateprotect.com.
Vringo and Innovate/Protect, and their respective directors and certain
of their executive officers, may be deemed to be participants in the
solicitation of proxies in respect of the transactions contemplated by
the agreement between Vringo and Innovate/Protect. Information regarding
Vringo's directors and executive officers is contained in Vringo's
Annual Report on Form 10-K for the fiscal year ended December 31, 2011,
which was filed with the SEC on March 30, 2012, and in the definitive
proxy statement/prospectus. Information regarding Innovate/Protect's
directors and officers and a more complete description of the interests
of Vringo's directors and officers in the proposed transaction is
available in the definitive proxy statement/prospectus.
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 complete our previously announced proposed merger
with Innovate/Protect, Inc., our ability to raise capital to fund our
operations, the continued listing of our securities on the NYSE MKT,
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.
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
