Marathon Patent Group Subsidiary Enters Into Settlement & License Agreement With Technology Company

Marathon Patent Group Subsidiary Enters Into Settlement & License Agreement 
With Technology Company 
ALEXANDRIA, VA -- (Marketwired) -- 05/08/13 --  Marathon Patent
Group, Inc. (OTCBB: MARA) ("Marathon"), an intellectual property
services and patent licensing company, today announced that its
wholly owned subsidiary CyberFone Systems, LLC has entered into a
license and settlement agreement with a well-known technology
company. This agreement, the 33rd for the patent portfolio, resolves
patent litigation that is still pending against other technology
companies in the United States District Court for the District of
Delaware. The patents cover claims that provide the right to practice
specific transactional data processing, telecommunications, network
and database inventions, including financial transactions.  
"On April 23rd, Marathon announced the acquisition of CyberFone
Systems; 15 days later we have executed our first settlement
agreement on behalf of its patent portfolio," stated Doug Croxall,
Chief Executive Officer of Marathon Patent Group. "Strategically
acquiring assets that are already revenue producing will permit
Marathon to post revenues immediately. It is an important step toward
achieving our stated goals of generating consistent revenues and
increased cash flows."  
The terms of the confidential settlement and license agreement
include a fully paid up license amount and other consideration. 
Ongoing enforcement of the CyberFone patents continues against named
defendants that include Federal Express, Mitsubishi, Toshiba,
Nintendo, ZTE, Alcatel-Lucent and UPS.  
About Marathon Patent Group 
Marathon Patent Group ("Marathon") is an intellectual property
services and patent licensing company that serves a wide range of
patent holders and technologies from Fortune 500 to independent
inventors. Marathon provides its clients advice and services that
enable them to realize financial and strategic return on their
intellectual property rights. Marathon serves clients through two
complementary business units: IP Services, which devises strategies
that allow our clients to maximize the value of their intellectual
property assets, and IP Licensing, which acquires patent assets,
partners with patent holders, and monetizes patent portfolios through
actively managed patent licensing campaigns. Marathon is based in
Alexandria, Virginia. www.marathonpg.com  
About IPNav
 IPNav is the world's leading full-service patent
monetization firm, helping forward-thinking corporations,
universities, organizations, and individuals profit from innovation.
IPNav's integrated, end-to-end solution turns idle IP assets into
revenue streams. Using its proprietary Patent Monetization Platform,
IPNav unlocks the value trapped in our clients' IP portfolios -- with
timetables and objectives set by the client. Based in Dallas, IPNav
has offices in Dublin, Paris, Shanghai, and Tel Aviv. www.ipnav.com 
Forward-Looking Statements 
 Certain statements in this press release
constitute "forward-looking statements" within the meaning of the
federal securities laws. Words such as "may," "might," "will,"
"should," "believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. While the Company
believes these forward-looking statements are reasonable, undue
reliance should not be placed on any such forward-looking statements,
which are based on information available to us on the date of this
release. These forward-looking statements are based upon current
estimates and assumptions and are subject to various risks and
uncertainties, including without limitation those set forth in the
Company's filings with the Securities and Exchange Commission (the
"SEC"), not limited to Risk Factors relating to its patent business
contained therein. Thus, actual results could be materially
different. The Company expressly disclaims any obligation to update
or alter statements whether as a result of new information, future
events or otherwise, except as required by law.  
Marathon Patent Group
Investor Relations
678-570-6791 
IP Communications
Brody Berman Associates
212-683-8125