BETHESDA, Md., Sept. 22, 2014 /PRNewswire/ -- Spherix
Incorporated (SPEX) -- an intellectual property development company
committed to the fostering and monetization of intellectual
property, today announced that the United States Patent &
Trademark Office (USPTO) issued a new patent to the Company in the
month of September that is part of a standard essential family of
patents.
The issued patent is: USRE45,121
- Application number: US 13/728,867
- Publication date: Sep 9,
2014
- Filing date: Dec 27, 2012
The listed inventors of the new patent, entitled "VLAN frame
format," are Paul J. Frantz and
Geoffrey O. Thompson. The patent
relates to the field of data communications. More specifically, the
patent relates to a method and frame format for preserving in a
data frame the virtual local area network (VLAN) associated with
the data frame as determined by a network device from which the
data frame was received when transmitting the data frame over a
communications medium shared among multiple VLANs.
CEO Anthony Hayes stated,
"Several recent court decisions unrelated to Spherix demonstrate
the volatility associated with only having a small number of
patents to assert. The issuance by the USPTO of yet another
standard essential patent to Spherix helps broaden our licensing
potential and gives us great monetization diversity potential. This
new patent is in addition to the three standard essential patents
issued to Spherix in August. We believe that our portfolio has only
been strengthened in the last year, which is giving our licensing
team further runway to pursue additional licensing revenue."
"In addition, we note that Huawei answered our complaint on
September 8th," continued
Mr. Hayes "A copy is available on the U.S. District Court website
and note that Huawei did not file any counter-claims against
Spherix. Finally, in our case against Verizon, the Court set a
Markman date for March
16th. As with any date set in litigation, the
date is subject to change."
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 Contact:
Hayden IR
Brett Maas
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com
Spherix Contact:
Phone: (703) 992-9325
Email: info@spherix.com
www.spherix.com
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SOURCE Spherix Incorporated