DR. SASWAT MISRA JOINS VRINGO AS INTELLECTUAL PROPERTY COUNSEL

Mon May 20, 2013 8:31am EDT

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NEW YORK - May 20, 2013 - Vringo, Inc. (NASDAQ: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced that Dr. Saswat Misra has joined the company as Intellectual Property Counsel.

Prior to joining Vringo, Dr. Misra practiced law at Ropes & Gray LLP, where he managed worldwide patent prosecution activities.  Earlier in his career, Dr. Misra served at the Army Research Laboratory as a Research and Development Engineer for over six years.

Dr. Misra received a J.D. from Columbia Law School where he was a Harlan Fiske Stone Scholar.  He earned a Ph.D. in Electrical and Computer Engineering from Cornell University and M.S. and B.S. degrees in the same field from University of Illinois and University of Maryland, respectively.

"I am pleased to welcome Dr. Misra to Vringo.  We look forward to benefitting from both his technical and legal expertise. Dr. Misra's engineering background covers areas of technology that will immediately strengthen our team," said Andrew D. Perlman, Chief Executive Officer at Vringo.

"We are in the process of building our in-house team with attorneys who have come from leading international patent practices," said David L. Cohen, Chief Legal and Intellectual Property Officer.  "Dr. Misra has deep technical knowledge and a wealth of experience in the very areas that are most critical to Vringo."

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: our inability to license and monetize our patents, 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; our inability to develop and introduce new products and/or develop new intellectual property; new legislation, regulations or court rulings related to enforcing patents, that could harm our business and operating results; the inability to realize the potential value created by the merger with Innovate/Protect for our stockholders; unexpected trends in the mobile phone and telecom infrastructure industries; our inability to raise additional capital to fund our combined operations and business plan; our inability to maintain the listing of our securities on NASDAQ; the potential lack of market acceptance of our products; potential competition from other providers and products;  our inability to retain key members of our management team; 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 for the year ended December 31, 2012 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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