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Vringo and Zlango Sign Cooperation Agreement
New Agreement Supersedes Previously Announced Letter of Intent
Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile social and video applications, has entered into a Cooperation Agreement (the “Cooperation Agreement”) with Zlango Ltd., a mobile messaging company (“Zlango”).
Under the terms of the Cooperation Agreement, the parties agree to cooperate on projects while retaining their respective intellectual property and independent operations. In addition, the parties agree to make introductions and referrals to third parties regarding the products and services of the other party and will receive commissions for successful referrals. Vringo and Zlango intend to continue to work closely together and expand joint sales and marketing opportunities with leading content owners and service providers within the mobile communications arena.
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