Vringo, Inc. : VRINGO NAMES ANASTASIA NYRKOVSKAYA CHIEF FINANCIAL OFFICER

  Vringo, Inc. : VRINGO NAMES ANASTASIA NYRKOVSKAYA CHIEF FINANCIAL OFFICER

NEW YORK - April 24, 2013 -  Vringo, Inc. (NYSE MKT: VRNG), a company  engaged 
in the innovation,  development and  monetization of  mobile technologies  and 
intellectual property, today  announced that Anastasia  Nyrkovskaya will  join 
the Company as the Chief  Financial Officer on May  6, 2013. Ellen Cohl  will 
remain Vringo's  Principal  Accounting  Officer  through  the  filing  of  the 
Company's quarterly report for the  first quarter of 2013  on Form 10-Q on  or 
before May 15, 2013.

Ms. Nyrkovskaya  has over  fifteen years  of accounting  experience, and  most 
recently  served  as  Vice  President  and  Assistant  Global  Controller   at 
NBCUniversal. Previously,  she  was  Vice President,  Corporate  Finance  and 
Business Development, where she structured M&A transactions and  partnerships. 
Ms. Nyrkovskaya is a  Certified Public Accountant. She  began her career  at 
KPMG LLP, where she served for nine years in the Audit and Assurance practice.

"I am  pleased  to welcome  Anastasia  to the  Vringo  team," said  Andrew  D. 
Perlman, Chief Executive Officer  of Vringo. "Anastasia brings  international 
experience, expertise  with  mergers  and acquisitions  and  broad  accounting 
experience that  will support  our  business model.  I  thank Ellen  for  her 
dedication to Vringo over the years" Mr. Perlman added.

"I am  excited  to join  the  team  at Vringo.  I  believe this  is  a  great 
opportunity for me to become a member  of an exciting growth company. I  look 
forward to  assisting  the  rest  of management  in  achieving  their  vision, 
executing  the  business  plan  and  creating  shareholder  value,"  said  Ms. 
Nykovskaya.

"Working for Vringo has been a tremendous experience," said Ms. Cohl. "I have
enjoyed being a  part of the  management team as  Vringo transformed into  the 
company it is today. I am glad to have been a part of the company's story and
look forward to working with Anastasia on the transition."

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  a 
major securities  exchange; 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 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.

Contact

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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