Vringo, Inc. : VRINGO AND VIRGINIA TECH INTELLECTUAL PROPERTIES ANNOUNCE PARTNERSHIP

   Vringo, Inc. : VRINGO AND VIRGINIA TECH INTELLECTUAL PROPERTIES ANNOUNCE
                                 PARTNERSHIP

          Vringo to Develop Wireless Technology for First Responders

NEW YORK - March 19, 2013 -  Vringo, Inc. (NYSE MKT: VRNG), a company  engaged 
in the innovation,  development and  monetization of  mobile technologies  and 
intellectual property,  today  announced  a  partnership  with  Virginia  Tech 
Intellectual Properties  (VTIP), the  licensing  arm of  Virginia  Polytechnic 
Institute and State University, commonly known as Virginia Tech.

Through the  partnership,  VTIP  has provided  exclusive  rights  to  patented 
wireless technology that will  enable Vringo to  conduct related research  and 
development and secure future licensing rights. This technology was developed
at Virginia Tech's Wireless@VT research  group, one of the largest  university 
wireless research groups in  the United States. The  technology was funded  in 
part under a grant from the National Science Foundation. The National Science
Foundation is an independent federal agency created by Congress to promote the
progress of science, advance the national health, prosperity, and welfare, and
secure the national defense.

Vringo will lead the research and development efforts for the technology. 

"Virginia  Tech  is  a  top  academic  and  research  institution.   Vringo's 
partnership with VTIP furthers our mission to support research and  innovation 
of cutting  edge  wireless  technologies," said  Ken  Lang,  Chief  Technology 
Officer of Vringo. "These new patents are complementary to Vringo's extensive
world-wide   patent    portfolio    covering    wireless    telecommunications 
infrastructure," Mr. Lang added.

"VTIP is pleased to partner with Vringo to further develop this technology  as 
a cornerstone for future cell phone systems," noted Mark Coburn, President  of 
VTIP. "Vringo has just the characteristics we are looking for to help us take
emerging technologies to market."

Upon further  development, the  patented technology  could potentially  enable 
first responders  to  quickly  set  up  a  wireless  network  in  areas  where 
telecommunication infrastructure has  been destroyed  or rendered  inoperable. 
Through this technology,  rescue workers  and people  in need  of help  could 
remain in communication with each other and the outside world. The technology
may also have  consumer applications, allowing  for wireless communication  in 
areas where  wireless service  is  limited or  unavailable, such  as  subways, 
tunnels, or remote locations.

The licensed  patents are  U.S. Patent  7,289,972, entitled  "Cognitive  Radio 
Engine Based On Genetic  Algorithms In A Network"  and U.S. Patent  8,094,610, 
entitled "Dynamic Cellular Cognitive System." In August 2012, Vringo expanded
its patent portfolio  with the acquisition  of over five  hundred patents  and 
patent applications covering telecommunications infrastructure.

About Virginia Tech Intellectual Properties

Formed in 1985 as  an affiliated corporation of  Virginia Tech, Virginia  Tech 
Intellectual  Properties  is  passionate  in  its  pursuit  of  excellence  in 
technology commercialization,  creating market  opportunities from  scientific 
innovation. It strives to make a positive contribution to society through  its 
expertise  in  protecting,  marketing   and  commercializing  technology   and 
innovation. Its  goal is  to pursue  innovative strategies  to help  translate 
scientific progress  into tangible  products, while  returning income  to  the 
inventor and Virginia  Tech to  support further research  and education.  VTIP 
facilitates the licensing of technology  to companies, encourages new  faculty 
startup ventures,  works with  publishers and  distributors of  software,  and 
supports the  transfer  of  research  and  knowledge  to  other  universities, 
research institutes and companies.

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  five hundred  patents  and  patent  applications 
covering  telecommunications  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: 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.

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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