Vringo Reminds Stockholders to Vote on Pending Merger with Innovate/Protect

  Vringo Reminds Stockholders to Vote on Pending Merger with Innovate/Protect

         Vringo Annual Meeting of Stockholders to Take Place July 19

Business Wire

NEW YORK -- July 11, 2012

Vringo, Inc. (NYSE MKT: VRNG) will hold its annual meeting of stockholders on
Thursday, July 19. Vringo stockholder approval is required for Vringo to close
its pending merger with Innovate/Protect, Inc., an intellectual property firm
whose wholly-owned subsidiary, I/P Engine, Inc., holds eight patents that were
acquired from Lycos, Inc.

"One of Vringo's strengths is its strong base of individual stockholders.
Every vote counts and is very important, regardless of how many shares a
stockholder owns. We encourage Vringo stockholders to vote immediately.
Stockholders may contact Vringo's proxy solicitor, Morrow & Co. at (888)
813-7566 for assistance in voting their shares," said Andrew D. Perlman, Chief
Executive Officer of Vringo.

The boards of directors of both Vringo and Innovate/Protect have unanimously
approved the merger. The board of directors of Vringo recommends that Vringo
stockholders vote FOR each of the proposals presented.

"Speaking on behalf of Innovate/Protect, we are very excited about the
anticipated closing of the merger with Vringo. The Innovate/Protect and Vringo
management teams will combine our talents and personnel to execute our vision
for the future of the company,” said Alexander R. Berger, Chief Operating
Officer of Innovate/Protect.

Stockholders of record as of the close of business on June 8, 2012 have
received proxy materials and voting instructions via U.S. Mail or
electronically.

Voting Instructions

Stockholders may contact Vringo's proxy solicitor, Morrow & Co. at (888)
813-7566 to vote their shares by telephone or go to www.proxyvote.com and
enter their control number provider with the proxy materials.

Stockholders may also contact Cliff Weinstein, Executive Vice President of
Vringo, at (646) 532-6777 with questions.

About Vringo, Inc.

Vringo, Inc. ("Vringo") 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™, 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.

About Innovate/Protect, Inc.

Innovate/Protect, Inc. ("Innovate/Protect") 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 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 merger
with Innovate/Protect, 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.
Delivery of the definitive proxy statement/prospectus to the stockholders of
Vringo and the stockholders of Innovate/Protect commenced on June 20, 2012.
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.: Executive Vice President, 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.

Contact:

Vringo, Inc.
Investors:
Cliff Weinstein
Executive Vice President
646-532-6777 (o)
cliff@vringo.com
or
Media:
The Hodges Partnership
Caroline L. Platt
804-788-1414 (o)
804-317-9061 (m)
cplatt@hodgespart.com
 
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