26.10.2015 15:15:25

VRINGO SUBSIDIARY FLICHARGE AND LEADING SMART FURNITURE MANUFACTURER BRETFORD EXTEND AND EXPAND LICENSING RELATIONSHIP

Bretford to Incorporate Technology for Education, Healthcare, Office and Retail Markets

NEW YORK - October 26, 2015 - Vringo, Inc. (NASDAQ: VRNG), a company engaged in the innovation, development and monetization of intellectual property as well as the commercialization and distribution of wire-free charging and rugged computing devices, today announced that its subsidiary, fliCharge, is extending and expanding its license agreement with Bretford Manufacturing.

In March 2014, Bretford entered into a license agreement to fliCharge's wire-free technology solutions. The terms of the agreement have been altered such that Bretford will have an exclusive license to embed fliCharge's wire-free charging solutions into furniture in markets including healthcare, commercial office, retail and educational facilities as well as contract furniture manufacturing. fliCharge intends to facilitate the launch by providing charging cases for phones and tablets to Bretford and its customers.

Bretford will be presenting the first commercially available implementation of this technology at NeoCon, North America's largest design exposition and conference focused on commercial interiors, in June of 2016.

"fliCharge's conductive wire-free technology addresses a major need of our education, healthcare, office and retail facilities customers - the need to easily and safely charge many devices without the clutter of cables and the difficulty of charging docks or stations. We intend to integrate this unique technology into our smart furniture and look forward to building upon our relationship with fliCharge and Vringo," said Chris Petrick, President and CEO of Bretford.

"We are delighted to have a partner like Bretford who is a leader in smart furniture," said Andrew Perlman, CEO of Vringo. "We look forward to commercial launches of our technology through this unique partnership in 2016," Mr. Perlman concluded.

About Vringo, Inc.

Vringo, Inc. is engaged in the innovation, development and monetization of intellectual property as well as the commercialization and distribution of wire-free charging and rugged computing devices.  Vringo's intellectual property portfolio consists of over 600 patents and patent applications covering telecom infrastructure, internet search, ad-insertion, mobile and wire-free charging technologies.  Vringo's subsidiary fliCharge is dedicated to the licensing and commercialization of wire-free charging technologies. Vringo's subsidiary Group Mobile is dedicated to the marketing and sale of rugged computing devices. For more information, visit: www.vringo.com.

About Bretford Manufacturing, Inc.

Bretford is a manufacturer of furniture for both learning and work environments. Founded in 1948 and headquartered in Franklin Park, IL, Bretford holds close to seven decades of expertise dedicated to the design and manufacture of sustainable furniture solutions that are made in the U.S.A. Each furniture design is built for quality and mobility so rooms, people and information can move and still stay connected.

With nearly 350 employees and 450,000 square feet of production space, the company offers smart furniture designs that support evolving technology, enabling institutions, organizations and corporations to increase productivity and efficiency. Superior workmanship and environmentally-compliant manufacturing and operation practices ensure dependable Bretford products, many of which are GREENGUARD Indoor Air Quality Certified®. The company is committed to using less energy, creating less waste and reducing its carbon footprint. Bretford is a CarbonNeutral®certified company and its EDU 2.0 line is among the first in the contract furniture industry to achieve CarbonNeutral product certification. All Bretford products are backed by a 12-year standard warranty.

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 ZTE and other companies; our inability to recognize the anticipated benefits of the acquisition of IDG, which may be affected by, among other things, competition, our ability to secure advantageous licensing and sales agreements, market acceptance of IDG's technology, potential technology obsolescence, protection of intellectual property rights and potential liability risks that are inherent in the marketing and sale of products used by consumers; 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; our inability to protect our intellectual property rights; 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 a major securities exchange; 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; the future success of Infomedia and our ability to receive value from its stock; our ability to continue as a going concern; our liquidity 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 filed with the SEC on March 16, 2015.  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 Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vringo, Inc. via Globenewswire

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