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Re: surf1944 post# 2971

Tuesday, 09/24/2013 9:02:07 AM

Tuesday, September 24, 2013 9:02:07 AM

Post# of 8287
6:02AM Spherix issues corporate update; mgmt launches its patent monetization strategy (SPEX) 8.88 : Co provided a corporate update to its recent activities. As previously announced, Spherix's complaint against T-Mobile (TMUS) claims infringement by T-Mobile of United States Patent No. 5,719,584 entitled "System and Method for Determining the Geolocation of a Transmitter". This technology relates to the geolocation of cells phones on the T-Mobile cell phone network. "We continue to examine the '584 Patent and have identified other parties whom we believe may also infringing on this same patent. We will continue to strongly defend our intellectual property when it comes to those using our assets without a license." Further, co continues to identify new parties that it believes are infringing the 224 patents Spherix acquired in its previously announced merger with North South Holdings. The North South patents include patents in key areas such as wireless communications, satellite, solar and radio frequency and pharmaceutical technology. "Spherix is continuing our progression to full monetization of our suite of over 230 patents, as exhibited by our most recent claims against TMobile, Uniden and VTech."