United States Patent & Trademark Office Issues Three New Standard Essential Patents To Spherix

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Company Continues to Bolster Intellectual Property Asset Portfolio

BETHESDA, Md., Sept. 2, 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 three patents to the Company in the month of August that are part of a standard essential family of patents.

Spherix Logo.

The issued patents are:

  • U.S.RE45,065 issued August 5, 2014;
  • U.S.RE45,081 issued August 19, 2014; and
  • U.S.RE45,095 issued August 26, 2014.

The listed inventors of the three new patents, each entitled "VLAN frame format," are Paul J. Frantz and Geoffrey O. Thompson. The patent claims generally relate to methods for the transmission, identification and association of information in a virtual network associated with a data frame. The issuance of these applications further enhances the existing portfolio and coverage of technology related to data communication across different networks.

CEO Anthony Hayes stated, "The issuance of the these patents by the USPTO further bolster our holding of standard essential patents and our IP portfolio generally. As we continue to strengthen our portfolio, we believe it will further our licensing opportunities."

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

Logo - http://photos.prnewswire.com/prnh/20131104/PH08853LOGO

SOURCE Spherix Incorporated



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