Ashley Keller Joins Vringo Board of Directors

  Ashley Keller Joins Vringo Board of Directors

New Vringo Board Member Adds Investment, Legal and Patent Litigation Expertise
                         to Vringo Board of Directors

Business Wire

NEW YORK -- January 2, 2013

Vringo, Inc. (NYSE MKT: VRNG), a company engaged in the innovation,
development and monetization of mobile technologies and intellectual property,
today announced that Ashley Keller has joined the company's board of
directors.

"Ashley's investment, legal, and patent litigation expertise brings a unique
perspective to our board. We are delighted to be working with him," said Seth
M. Siegel, Chairman of Vringo.

Mr. Keller is a special situations analyst at Alyeska Investment Group, a
multi-strategy hedge fund based in Chicago. In that position, he focuses on
investments in companies involved in complex and high-stakes commercial
litigation and regulatory matters.

Prior to joining Alyeska, Mr. Keller was a partner at Bartlit Beck Herman
Palenchar & Scott LLP, American Lawyer's litigation boutique of the year,
where he handled trial and appellate matters involving multi-billion dollar
patent and securities cases, contractual disputes, and mass-tort class
actions.

Earlier in his career, Mr. Keller clerked for Justice Anthony Kennedy at the
Supreme Court of the United States and Judge Richard Posner at the United
States Court of Appeals for the Seventh Circuit.

Mr. Keller graduated magna cum laude from Harvard University with a degree in
government. He earned a Masters of Business Administration with high honors
from the University of Chicago Booth School of Business, and a Juris Doctor
degree with highest honors from the University of Chicago Law School, where he
graduated first in his class.

"We welcome Ashley's wealth of experience in key areas of focus for Vringo as
we continue to build the company in 2013," said Andrew D. Perlman, Chief
Executive Officer of Vringo. Mr. Keller will serve on the Audit and
Compensation Committees of the Board of Directors.

"I am honored to join the Vringo board of directors. Thanks to the execution
of the company's exceptional management team, Vringo is an emerging leader in
innovating, licensing and protecting intellectual property and technology. The
company is poised for growth in 2013, and I am excited to play a part in
Vringo's continued success," said Mr. Keller.

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 including FacetonesĀ® and Video
Ringtones which transform 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 additional capital to fund our combined operations and business plan;
our inability to monetize and recoup our investment with respect to patent
assets that we acquire; 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 our subsidiaries; our inability to monetize and
recoup our investment with respect to patent assets that we acquire; 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
quarterly report on Form 10-Q filed with the SEC on November 14, 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.

Contact:

Vringo, Inc.
Investors and Media:
Cliff Weinstein, 646-532-6777
Executive Vice President
cweinstein@vringoinc.com
 
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