Spherix Initiates Suit Against Uniden for Continued Infringement of Intellectual Property -- Uniden Litigation Follows Spherix

Spherix Initiates Suit Against Uniden for Continued Infringement of 
Intellectual Property -- Uniden Litigation Follows Spherix Previously
Filed Complaint Against VTech for Infringement of Its Suite of
Patents in the Cordless Handset Arena 
TYSONS CORNER, VA -- (Marketwired) -- 09/09/13 --  Spherix
Incorporated (NASDAQ: SPEX) ("Spherix" or the "Company") -- an
intellectual property development company -- announced today that it
has filed a second suit on its cordless handset patents, suing Uniden
Corporation ("Uniden") for patent infringement in the Northern
District of Texas. The patents at issue in the litigation were
recently acquired from Rockstar Consortium US LP, the successor to
many important Nortel Networks ("Nortel") patent assets and
technology. 
As stated in the complaint, Uniden is a Japanese company with
cordless phone manufacturing facilities in China and Vietnam. For
Uniden's fiscal year ending March 31, 2013, Uniden revenues from
cordless phones in the U.S. alone were approximately $100 million.
From 2007 to the present, Uniden's estimated U.S. revenue from
cordless phones believed to infringe one or more claims of one or
more of the Spherix patents exceeds $785 million. The lawsuit goes on
to note that Uniden has stated that one of its key business goals is
to "Dominate North American market with marketing power." 
The lawsuit filed by Spherix notes that Uniden's goal of "dominance"
follows the bankruptcy of Nortel, a North American company, that
developed and patented the technology underlying many of the products
on which Uniden's goal apparently relies. Specifically, the complaint
notes that competitive pressure from China and other overseas
locations as a contributing factor to Nortel's unfortunate
bankruptcy. The Nortel bankruptcy is estimated to have resulted in
more than 30,000 lost jobs in the U.S. and Canada. The lawsuit comes
on the heels of a similar action filed against V-Tech Communications,
Inc., a Chinese cordless phone manufacturer with over $2.0 billion in
U.S. cordless phone revenue. Uniden, together with VTech, have
approximately 75% of U.S. cordless phone market share. 
"Spherix is committed to protecting intellectual property rights.
When intellectual property rights are infringed by foreign companies
the damage that occurs extends beyond the cost of inventiveness of
innovative companies like Nortel, but hurts employees and domestic
industries," said Harvey Kesner, Interim Chief Executive Officer of
Spherix. "The patents we acquired from Rockstar/Nortel are
exceptional, having been cited before the USPTO as a basis to reject
pending patent claims 81 times. We are working with the former Nortel
employees and inventors who created this technology to recover
compensation for the inappropriate infringement by cordless phone
manufacturers." 
About Spherix
 Spherix Incorporated was launched in 1967 as a
scientific research company. Spherix presently offers a diversified
commercialization platform for protected technologies. Through
association with Rockstar Consortium and the acquisition of several
hundred patents developed by Hughes, Spherix intends to expand its
activities in wireless communications and telecommunication including
antenna technology, Wi-Fi, base station functionality, and cellular.
No assurance can be given that the Company's patents or efforts
seeking to license or enforce any patents will be successful,
generate income or result in profits for the Company. 
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. 
Contact:
Spherix Incorporated
Investor Relations 
Phone: (703) 992-9325
Email: info@spherix.com 
 
 
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