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Vringo, Inc. (VRNG) Receives Notice Of Allowance From EPO For Its First International Patent

|Includes: XpresSpa Group, Inc. (XSPA)

Vringo, a software platform provider for social and video mobile applications, announced today that the European Patent Office (EPO) has sent a notice of allowance to the company for its first international patent covering aspects of Vringo's video and mobile personalization technologies. The company anticipates that this patent will further protect Vringo's video ringtone intellectual property and other applications for personalizing customers' mobile experience.

The company's notice of allowance from the EPO relates to the expansion of "Personalization Content Sharing System and Method," which is patent number 8,041,401 issued by the United States Patent and Trademark Office. When granted by the EPO, this patent will have potential jurisdiction in approximately 39 countries in the EU. Vringo anticipates the patent will provide the company with a competitive edge as it continues to increase its core mobile video technology worldwide.

About six years ago, before most of the world was aware of the huge market potential of mobile applications, Vringo had already developed its core intellectual property and began filing initial patent applications. Since the company was founded, Vringo has filed more than 20 patent applications in the United States and worldwide.

Vringo's three patents previously issued in the U.S. cover the core features of the company's video ringtone sharing capabilities, as well as the personalization of standard compiled and signed software application downloads. Vringo anticipates that the EPO will issue this latest patent within the next six months, after which time the patent won't expire before January 2027.

Vringo's award-winning ringtone application and other mobile software platforms - including Facetones, Video Remix, and Fan Loyalty - turn the act of making and receiving mobile phone calls into a social experience that is also highly visual. The company's video ringtone service allows users to create or take video, images, and slideshows from essentially anywhere and transform them into a personalized video call signature. Vringo has introduced its patented VringForward technology - a first for the mobile industry - which enables users to share video clips with others through a simple call. The company's Facetones application generates an automated video slideshow using photos from friends' social media Web sites, and this slideshow is played each time the user communicates with a friend through a mobile device.

Vringo's Video ReMix application partners with music artists and brands, allowing users to create their own music videos by simply tapping on a smartphone or tablet. Finally, the company's Fan Loyalty platform allows users to interact, vote, and communicate with contestants on reality TV shows that the company has partnered with, as well as downloading clips from these shows and setting them as video ringtones.

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