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Wednesday, 06/11/2014 9:25:37 AM

Wednesday, June 11, 2014 9:25:37 AM

Post# of 68424
Ex-Parte Preliminary Injunction Remains In Force

NEW YORK - May 30, 2014 - Vringo, Inc. (VRNG), a company engaged in the innovation, development and monetization of intellectual property and mobile technologies, today announced that hearings scheduled to have taken place today before the High Court of Delhi at New Delhi in both of its lawsuits against ZTE in India have been postponed. Vringo expects the injunction against ZTE will remain in force until at least July 8, 2014.

Injunction Against ZTE in India

On January 31, 2014, Vringo and its wholly-owned subsidiary, Vringo Infrastructure, Inc., filed suit against ZTE Corporation, ZTE Telecom India Private Limited, Xu Dejun, the Chief Executive Officer of ZTE Telecom India Private Limited, and IndiaMART InterMESH Limited.

The lawsuit alleges infringement of India Patent No. 200,572, owned by Vringo Infrastructure, Inc., entitled "A Method and a Device for Making a Handover Decision in a Mobile Communication System."

On February 3, 2014, the Court, making a prima facie finding that ZTE infringes the patent in suit, granted an ex-parte preliminary injunction, restraining ZTE and its officers, directors, agents, distributors and customers from importing, selling, offering for sale, advertising, installing, or operating any infringing devices. On March 15, 2014, ZTE appealed.

The Court reserved judgment on the injunction, which Vringo expects will remain in force until the Court holds a status conference, which is scheduled for July 8, 2014.

Motion for Contempt of ZTE

On November 7, 2013, Vringo and its wholly-owned subsidiary, Vringo Infrastructure, Inc., filed suit against ZTE Telecom India Private Limited, ZTE Corporation, and Xu Dejun, Chief Executive Officer of ZTE Telecom India Private Limited.

The lawsuit alleges infringement of India Patent No. 243,980, owned by Vringo Infrastructure, Inc., entitled "Mobile Station Operable with Radio Access Network and a Packet Data Serving Node and a Method for Operating Such Mobile Station."

On November 8, 2013, the Court granted an ex-parte preliminary injunction against ZTE.

On December 12, 2013, in response to ZTE`s appeal of the ex-parte preliminary injunction, the Court ordered ZTE to pay a bond of approximately $800,000 and file an accounting affidavit disclosing the number of CDMA devices sold by its entities in India, revenue derived therefrom, and other supporting documentation.

On February 3, 2014, Vringo filed a motion for contempt of ZTE in which Vringo cites ZTE`s failure to comply with the Court`s order of December 12, 2013.

The hearing on this motion was scheduled for today and is now scheduled for July 8, 2014.