Vringo, Inc.: VRINGO PROVIDES UPDATE TO SHAREHOLDERS

             Vringo, Inc.: VRINGO PROVIDES UPDATE TO SHAREHOLDERS

NEW YORK - October 4, 2013 - Vringo, Inc. (NASDAQ: VRNG), a company engaged in
the innovation,  development and  monetization  of intellectual  property  and 
mobile technologies,  today provided  an  update to  its shareholders  on  its 
recent and near term events.

"We are taking  this opportunity  to update  our shareholders  on progress  in 
three of our  wholly-owned subsidiaries' ongoing  patent enforcement  actions: 
(i) against Google and others in U.S. District Court for the Eastern  District 
of Virginia and the Court of Appeals for the Federal Circuit; (ii) against ZTE
Corporation and its subsidiaries in  the United Kingdom, Germany, France,  and 
Australia, and a preliminary inquiry in Spain; and (iii) against ADT and  Tyco 
Integrated Security  in  U.S. District  Court  for the  Southern  District  of 
Florida," said Andrew D. Perlman, Chief Executive Officer of Vringo.

I/P Engine, Inc. v. AOL Inc., Google, Inc. et al.

Eastern District of Virginia

On November 6, 2012, a jury in U.S. District Court in Norfolk, Virginia  ruled 
in favor of  Vringo's wholly  owned subsidiary  I/P Engine,  Inc. and  against 
Google and the  other defendants  with respect  to their  infringement of  the 
asserted claims of asserted patents. The jury also upheld the validity of the
asserted patents,  found  that  past  damages  are  due  to  I/P  Engine,  and 
established a royalty rate.

I/P Engine's  case relates  to  Google's search  advertising system,  not  its 
organic search  system.  Therefore,  Google's  "Hummingbird"  update  to  its 
organic search system is not related  to the product that I/P Engine  accused. 
Vringo does  not believe  the  "Hummingbird" update  has  any impact  on  its 
claims.

As of August  26, 2013,  I/P Engine's  Notice of  Calculation of  Supplemental 
Damages, Pre-judgment Interest  and Post-judgment Interest  was fully  briefed 
and is ripe for determination by the district court.

The parties are currently  litigating before the district  court the issue  of 
ongoing royalties and what additional reasonable royalty is owed to I/P Engine
for Google  and  the other  defendants'  continued infringement.  Google  has 
asserted that, as of May 2013, it implemented a "design around" to its  system 
such that it no longer infringes the asserted patents. To resolve the ongoing
royalty  rate  and  whether  Google's  alleged  design  around  is   colorably 
different, the district court set a discovery and briefing schedule.

  *I/P Engine served its expert reports on September 25, 2013.

  *Defendants should serve their expert reports on October 15, 2013.

  *The parties will then submit briefs  to the district court on October  30, 
    2013 and November 10, 2013, respectively.

The district court also wants the parties to attempt to set their own  royalty 
rate before the district court imposes  one. To that end, the district  court 
ordered that within five days  of completing the aforementioned discovery  and 
briefing schedule, the parties shall meet to negotiate an appropriate  ongoing 
royalty rate, using 20.9% of U.S. AdWords revenues as the appropriate  royalty 
base.

Court of Appeals for the Federal Circuit

I/P Engine and Defendants have appealed various portions of trial to the Court
of Appeals for the Federal Circuit.

  *Defendants filed their opening brief on July 22, 2013.

  *I/P Engine  filed its  response and  cross-appeal brief  on September  26, 
    2013.

  *Defendants' response and reply brief is due November 7, 2013.

Vringo expects this appeal to be scheduled for oral argument during the  first 
quarter of 2014.

Vringo Infrastructure, Inc. v. ZTE Corporation

Vringo's wholly  owned subsidiaries,  Vringo Infrastructure,  Inc. and  Vringo 
Germany GmbH, have filed a combined 7 patent infringement actions against  ZTE 
Corporation and its subsidiaries in  the United Kingdom, Germany, France,  and 
Australia, and a preliminary inquiry in Spain. The asserted patents relate to
wireless infrastructure and handsets.

The hearing on  infringement in  Germany is  scheduled for  October 15,  2013. 
Vringo is seeking injunctive relief, rendering of accounts, and damages.

ZTE describes  itself  as "a  leading  global provider  of  telecommunications 
equipment and network solutions," with recently reported annual revenue of  US 
$13.7 billion (RMB 86.254  billion), according to filings  with the Hong  Kong 
Stock Exchange. According to ZTE's  public filings, the company generates  its 
revenue primarily from the sale of telecommunications equipment and handsets.

In a previous  hearing, Vringo made  public a  term sheet it  provided to  ZTE 
outlining proposed license  terms for  standard essential  patents. The  term 
sheet is available online at: http://bit.ly/11tQrGZ (on page 5).

Vringo Infrastructure, Inc. v. ADT  Corporation and Tyco Integrated  Security, 
LLC

On  September   12,   2013,   Vringo's   wholly   owned   subsidiary,   Vringo 
Infrastructure, Inc.,  filed a  patent infringement  lawsuit against  The  ADT 
Corporation, ADT,  LLC,  ADT  Security Services,  Inc.,  and  Tyco  Integrated 
Security, LLC in the United States District Court for the Southern District of
Florida.

The lawsuit  alleges  infringement  of U.S.  Patent  No.  6,288,641,  entitled 
"Assembly, and  Associated  Method,  for Remotely  Monitoring  a  Surveillance 
Area". The asserted  patent relates to,  amongst other things,  the use of  a 
mobile terminal to remotely monitor a location (e.g., home or business).

Additional Information

The court dockets for the cases are publicly available on the Public Access to
Court Electronic Records website,  http://www.pacer.gov, which is operated  by 
the Administrative  Office  of  the  U.S. Courts.  The  U.S.  District  Court 
proceedings  are  pending  in  the  Eastern  District  of  Virginia,   Norfolk 
Division. Documents  regarding  United  States Patent  and  Trademark  Office 
proceedings are  publicly  available  on the  Patent  Application  Information 
Retrieval website, http://portal.uspto.gov/pair/PublicPair.

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;  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

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Vringo, Inc. via Thomson Reuters ONE
HUG#1733718
 
Press spacebar to pause and continue. Press esc to stop.