Spherix Retains Leading Intellectual Property Law Firm to Monetize Patent
Portfolio Acquired from Rockstar
TYSONS CORNER, Va., April 21, 2014
TYSONS CORNER, Va., April 21, 2014 /PRNewswire/ --Spherix Incorporated
(SPEX)--an intellectual property development company committed to the
fostering and monetization of intellectual property, announced today that it
has retained the law firm of Kenyon & Kenyon LLP to further assist the Company
in the monetization efforts of patents acquired in December from Rockstar
Consortium (US) LP.
Kenyon & Kenyon LLP is a leading intellectual property law firm whose
sophisticated and business-oriented approach helps clients succeed with their
intellectual property strategies. Kenyon & Kenyon's global clients, many of
whom are worldwide industry leaders, rely on the firm for their expertise in
high-stakes litigation, prosecution, licensing, and counseling needs. The
legal team at Kenyon & Kenyon will be lead by Mark Hannemann and Lew
Popovski. Mr. Hannemann is one of Kenyon & Kenyon's leading patent litigators
and a member of the firm's Executive Committee. He has first-chair experience
for both plaintiffs and defendants, in jury trials, bench trials, and ITC
hearings, with frequent appearances in the Eastern District of Texas, the
District of Delaware, and other U.S. district courts, as well as a successful
appellate practice. Mr. Popovski has extensive experience in intellectual
property litigation, including trial and appellate practice of patent,
trademark, trade dress litigation and trade secret misappropriation cases. His
patent litigation practice spans a wide variety of technical areas, including
optical and electro optical communication devices and systems, microprocessor
and computer system architecture, integrated circuit manufacturing, digital
video and audio signal compression and processing systems, mass-flow meters,
mass spectrometers as well as various mechanical systems.
Spherix CEO Anthony Hayes stated, "Kenyon & Kenyon is consistently ranked as a
top intellectual property law firm by leading publications. We are proud of
our association with this firm and we look forward to working together to
further advance the monetization of the famous Nortel patents Spherix acquired
from Rockstar. We believe that Kenyon & Kenyon will help Spherix further
commercialize these valuable asset and drive value for our shareholders."
Spherix Incorporated was launched in 1967 as a scientific research company.
Spherix is committed to advancing innovation by active participation inthe
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.
Phone: (703) 992-9325
Peter Seltzberg, Vice President
Phone: (646) 415-8972
Logo - http://photos.prnewswire.com/prnh/20131104/PH08853LOGO
SOURCE Spherix Incorporated
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