NEW YORK--(BUSINESS WIRE)--
Vringo, Inc. (NYSE MKT: VRNG), a company engaged in the innovation,
development and monetization of mobile technologies and intellectual
property, today issued an update for investors.
Clifford Weinstein, Executive Vice President of Vringo said, "We take
this opportunity to update the market on our current litigation and
offer some further details on the wireless infrastructure portfolio we
recently acquired from Nokia. With respect to the Nokia portfolio, we
plan on taking action shortly through licensing and litigation
campaigns."
Current Litigation: I/P Engine v. AOL, Google et al.
Vringo's wholly-owned subsidiary I/P Engine's case against Google, AOL,
IAC, Target and Gannett is scheduled for a jury trial beginning October
16th in U.S. District Court in the Eastern District of Virginia, Norfolk
Division. The patents-in-suit were originally acquired from Lycos, Inc.
On July 27, 2012, the parties exchanged expert reports on the issues for
which the party has the burden of proof. I/P Engine provided defendants
its expert reports on infringement and damages, and the defendants
provided their expert report on invalidity, which happens in virtually
all patent litigations.
The parties are exchanging rebuttal expert reports this week. Certain
reports have been designated by the parties as confidential subject to
the Protective Order entered by the Court on January 23, 2012 because
they contain highly confidential business information. A copy of the
Protective Order can be found on the public docket on Pacer... More
