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."
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.
Contact:
Investor Relations
Phone: (703)
992-9325
Email: info@spherix.com
Hayden IR
Peter
Seltzberg, Vice President
Phone: (646)
415-8972
Email: peter@haydenir.com
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SOURCE Spherix Incorporated