Spherix CEO Anthony Hayes named Top 10 IP Personality of the Year By Industry Leading News Magazine IAM

Spherix CEO Anthony Hayes named Top 10 IP Personality of the Year By Industry
                          Leading News Magazine IAM

PR Newswire

TYSONS CORNER, Va., Jan. 27, 2014

TYSONS CORNER, Va., Jan. 27, 2014 /PRNewswire/ --Spherix
Incorporated(SPEX)--an intellectual property development company committed
to the fostering and monetization of intellectual property, is very proud to
announce that its CEO, Anthony Hayes has been named one of the top 10
personalities of the year of 2013 by IAM. IAM focuses on how IP rights and
other intangibles can be used to drive revenue, improve profitability,
increase shareholder value and also provide greater flexibility in the
financial markets.

(Logo: http://photos.prnewswire.com/prnh/20131104/PH08853LOGO)

Joff Wild of IAM Magazine said "Anthony Hayes – He began 2013 announcing that
he would be managinga $30 million patent investment fund. ButAnthony
Hayesdid not end 2013 doing that. Instead, he is now in charge of NPE Spherix
which, on 31st December outlinedthe details of its purchase of 101 patents
from another NPE, Rockstar, in a deal that involved the issuance of $60
million worth of Spherix securities (this is the second deal with Rockstar
that Spherix did in 2013; the first took place in July and was almost
immediately followed by assertionsVTechandUniden). Hayestook over as CEO
and President of Spherixfollowing the completion of its purchase of North
South Holdings in September and has been kept very busy ever since. Away from
deal-making and litigation – though not unconnected to them – Hayes oversaw
thecreation of a Technology Advisory Board"to help provide compensation to
inventors of patent portfolios acquired by Spherix". It was a very smart

On behalf of Spherix, Board Member Edward Karr said "We are proud of this
distinction for both Anthony and the company. The recognition by IAM further
supports our belief that Spherix is a leader in the patent monetization arena"

About IAM:

Intellectual Asset Management (IAM) was launched in July 2003 to address the
need for organizations to maximize the value of their IP and other
intangibles, and to examine the strategies they can put in place to do this.
IAM is unique because it treats IP as a business asset and tool rather than
simply as a legal right. With this unequaled appeal to the boardroom, IAM has
firmly established itself as the only IP publication that many senior
corporate executives read regularly.

Combining a mix of news, analysis, specialist columns and longer features, IAM
focuses on how IP rights and other intangibles can be used to drive revenue,
improve profitability, increase shareholder value and also provide greater
flexibility in the financial markets. The magazine is topical, timely and
continually thought-provoking for its subscription audience. Editorial quality
and integrity are paramount. The quality of the editorial is guaranteed by an
in-house team with long-established track records of writing for many of the
world's leading business publications, including the Wall Street Journal and
the Financial Times, and by editor Joff Wild – "one of the best in the
business", according to Alain Pompidou, former president of the European
Patent Office.

This experienced team is supported by a senior editorial board which includes,
for example, IP monetization pioneer Marshall Phelps, once of IBM and later
Microsoft, and Ruud Peters, the CEO of Philips IP & Standards. Recognizing the
accelerating crossover between IP and finance, IAM has worked in partnership
with the Intangible Asset Finance Society since 2006, ensuring regular
coverage of this increasingly important area, and is the Strategic Media
Partner for the Licensing Executives Society (LES) for the USA and Canada.

IAM also publishes a weekly email which has over 17,000 subscribers. It
comprises a summary of IAM's widely read IP blog, international reports from
leading law firms across the globe and a summary of IP news published
elsewhere on the web. The website hosts a full searchable archive of all
articles and supplements published over the last 10 years, plus an events
section and the editor's daily blog.

Lastly, IAM also hosts the IP Business Congress (IPBC) Global and IPBC Asia.
The IPBC is widely recognized as the single must-attend event for all those
working in the field of IP value creation. The next IPBC Global will be held
in Amsterdam on 22nd to 24th June 2014, and the next IPBC Asia will be in
Singapore on 17th to 19th November 2013. For more information, please go
towww.ipbusinesscongress.com. Subscribers to IAMinclude:
Adobe Systems; Air Liquide; Airbus; Akzo Nobel; Allen & Overy; AstraZeneca;
AT&T; Avaya; Baker & McKenzie; Bardehle Pagenberg; Battelle Memorial
Institute; Biogen Idec; Bird & Bird; Bouygues; BP; Brinks Hofer Gilson &
Lione; Cargill; Carlton Fields; Chevron; Clifford Chance; CMS; Comcast Corp;
Covington & Burling; Deloitte; Deutsche Bank; Deutsche Telekom; Dickstein
Shapiro; Dorsey & Whitney; Dow Chemical; DSM NV; Ericsson; European Patent
Office; Exxon Mobil; France Telecom; General Electric; Halliburton Company;
Harness, Dickey & Pierce; Hewlett-Packard; ICAP; Inflexion Point Strategy;
Intel; Intellectual Ventures; ipCapital Group; Kenyon & Kenyon; Kimberly
Clark; King & Spalding; KPMG; Kraft Foods; Linklaters LLP; L'Oreal; Marriott;
Mars; Mayer Brown; Microsoft; Motorola; Nestle; Newell Rubbermaid; Nike;
Nokia; Northrop Grumman Corp; Novartis; Ogilvy Renault; O'Melveny & Myers;
Outokumpu Oyj; PepsiCo; Pfizer; Philip Morris; PricewaterhouseCoopers;
Princeton University; Proctor & Gamble; QinetiQ; Qualcomm; Raytheon; Roll
Royce; Rouse; RPX Corp; Saab; Siemens; Simmons & Simmons; Smith & Nephew;
Sony; STMicroelectronics; Stryker; Syngenta; Taylor Wessing; TD Bank; Tenaris;
Tetra Pak; The Royal Dutch Shell Group; Thomson Reuters; Tyco International;
UBS; United States Patent & Trademark Office; University of Iowa; Visa; Volvo;
Watermark; Wragge; Yahoo!; Zacco.

About Spherix:

Spherix Incorporated was launched in 1967 as a scientific research company.
Spherix is committed to advancing innovation by active participation in the
patent market. Spherix draws on portfolios of pioneering technology patents to
partner with and support product innovation.

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.


Investor Relations
Phone: (703) 992-9325


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SOURCE Spherix Incorporated

Website: http://www.spherix.com
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