Vringo, Inc. : VRINGO ANNOUNCES THAT USPTO CONFIRMS VALIDITY OF THE '420 PATENT ASSERTED IN LITIGATION WITH AOL, GOOGLE ET AL.

   Vringo, Inc. : VRINGO ANNOUNCES THAT USPTO CONFIRMS VALIDITY OF THE '420
            PATENT ASSERTED IN LITIGATION WITH AOL, GOOGLE ET AL.

NEW YORK - July 24, 2013 -  Vringo, Inc. (NASDAQ: VRNG), a company engaged  in 
the innovation,  development and  monetization  of intellectual  property  and 
mobile technologies,  today  announced  that  the  United  States  Patent  and 
Trademark Office has issued a Notice of Intent to Issue Ex Parte Reexamination
Certificate for U.S. Patent No. 6,314,420 ("the '420 Patent").

On May  24,  2012, Google  submitted  a request  to  the USPTO  for  ex  parte 
reexamination of claims 10, 14, 15, 25, 27 and 28 of the '420 Patent.

Today, the USPTO released a Notice  of Intent to Issue Ex Parte  Reexamination 
Certificate stating that it will  issue a certificate confirming the  validity 
of all claims in the '420 patent challenged by Google in this reexamination.

Background

On November 6, 2012, a jury in U.S. District Court in Norfolk, Virginia  ruled 
in favor of  I/P Engine and  against defendants AOL,  Inc., Google, Inc.,  IAC 
Search  &  Media,  Inc.,  Gannett   Company,  Inc.,  and  Target   Corporation 
(collectively, "Defendants") with respect  to Defendants' infringement of  the 
asserted claims of U.S. Patent Nos. 6,314,420 and 6,775,664.

After upholding the validity of the patents-in-suit, and determining that  the 
asserted claims of the  patents were infringed by  Defendants, the jury  found 
that reasonable royalty damages  should be based on  a "running royalty,"  and 
that the  running royalty  rate should  be 3.5%.  The jury  also awarded  I/P 
Engine a total  of approximately  $30.5 million.  On November  20, 2012,  the 
clerk entered the District Court's final judgment.

The U.S. District Court proceedings are pending in the Eastern District of
Virginia, Norfolk Division. The case number is 2:11cv512RAJ. Appellate
proceedings are pending in the United States Court of Appeals for the Federal
Circuit. The docket numbers are 13-1307 and 13-1313. The court dockets for
the foregoing cases are publicly available on the Public Access to Court
Electronic Records website, www.pacer.gov, which is operated by the
Administrative Office of the U.S. Courts.

Documents regarding USPTO  proceedings are  publicly available  on the  Patent 
Application             Information             Retrieval             website, 
http://portal.uspto.gov/pair/PublicPair, which is operated by the USPTO.  The 
control number for the reexamination that is the subject of this press release
is 90/009,991.

About Vringo, Inc.

Vringo, Inc. is  engaged in  the innovation, development  and monetization  of 
intellectual property and mobile technologies. 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.  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: 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 
NASDAQ; 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 for  the 
year ended December 31,  2012 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.

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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