Google Inc. v. Rockstar Consortium US LP et al
Declaration of Kristin J. Madigan in Support of 30 Google Inc.'s Opposition to Defendants' Motion to Dismiss or Transfer filed byGoogle Inc.. (Attachments: # 1 Exhibit 1, # 2 Exhibit 2, # 3 Exhibit 3, # 4 Exhibit 4, # 5 Exhibit 5, # 6 Exhibit 6, # 7 Exhibit 7, # 8 Exhibit 8, # 9 Exhibit 9, # 10 Exhibit 10, # 11 Exhibit 11, # 12 Exhibit 12, # 13 Exhibit 13, # 14 Exhibit 14, # 15 Exhibit 15, # 16 Exhibit 16, # 17 Exhibit 17, # 18 Exhibit 18, # 19 Exhibit 19 - Part 1 of 3, # 20 Exhibit 19 - Part 2 of 3, # 21 Exhibit 19 - Part 3 of 3, # 22 Exhibit 20, # 23 Exhibit 21 - Part 1 of 2, # 24 Exhibit 21 - Part 2 of 2, # 25 Exhibit 22, # 26 Exhibit 23, # 27 Exhibit 24, # 28 Exhibit 25, # 29 Exhibit 26, # 30 Exhibit 27, # 31 Exhibit 28, # 32 Exhibit 29, # 33 Exhibit 30, # 34 Exhibit 31, # 35 Exhibit 32, # 36 Exhibit 33, # 37 Exhibit 34, # 38 Exhibit 35, # 39 Exhibit 36, # 40 Exhibit 37)(Related document(s) 30 ) (Warren, Matthew) (Filed on 2/7/2014) Modified on 2/10/2014 (cpS, COURT STAFF).
SPHERIX CLOSES ROCKSTAR PATENT ACQUISITION TRANSACTION
AND ENHANCES ITS PATENT PORTFOLIO IN WIRELESS
COMMUNICATIONS AND TELECOMMUNICATION SECTORS-ROCKSTAR
ACQUIRES EQUITY STAKE IN SPHERIX-VENTURE TO BE HEADED BY
SEASONED MONETIZATION EXECUTIVE
TYSONS CORNER, VA--(Marketwire – July 29, 2013) - Spherix Incorporated (NASDAQ:
SPEX) an intellectual property development and life sciences company, today announced that it
has closed the previously announced agreement to acquire a group of seven patents in the mobile
communication sector, from Rockstar Consortium, the owner of over 4,000 patents formerly owned by
Under the terms of the agreement, Spherix acquired four families of mobile communication patents in
exchange for initial consideration of up-front cash and $1,000,000 in Spherix common stock issued at
$5.65 per share. Rockstar will also receive a percentage of future profits after recovery of patent
monetization costs and an initial priority return on investment to Spherix. The shares are subject to a
lockup agreement restricting future sales, subject to the satisfaction of certain price and volume targets.
Spherix Interim CEO Harvey Kesner stated, "We believe that we have entered a new phase of our
development and are pleased to announce successful completion of our recent patent and monetization
partnership with Rockstar. We have been working with our colleagues at Rockstar to identify
opportunities for collaboration between us and this resulted in the selection of this suite of seven patents
that cover mobile communication devices. We selected a suite of patents with well documented and
easily understandable technology so that we can quickly proceed to seek agreements to support
commercialization efforts and enforcement, if required. This acquisition, coupled with our recently
announced acquisition of several hundred patents issued to Harris Corporation, allows us to
expand our activities in the wireless communications and telecommunication sectors including antenna
technology, Wi-Fi, base station functionality, and cellular. Our incoming CEO Anthony Hayes was
instrumental in negotiating these contracts and securing appropriate patents for enforcement. As has
been widely reported, Anthony is a seasoned monetization executive with numerous “wins” under his
belt, who will oversee our licensing and enforcement efforts and has broad access to patent owners and
Rockstar Consortium was launched in 2011 as an intellectual property (IP) licensing company. Based on
Nortel Networks' groundbreaking innovation engine, Rockstar manages a highly valued patent portfolio
relevant to virtually all telecom and high tech services and devices. Rockstar is deeply committed to
advancing innovation worldwide through its patent licensing program. To learn more about Rockstar
please visit www.ip-rockstar.com.
Spherix Incorporated was launched in 1967 as a scientific research company. Spherix presently offers a
diversified commercialization platform for protected technologies. The company continues to work on
life sciences and drug development and presently is exploring opportunities in nutritional supplement
products relying on its D-Tagatose natural sweetener as a GRAS ingredient. Spherix is committed to
advancing innovation by active participation in all areas of the patent market. Spherix draws on
portfolios of pioneering technology patents to partner with and support product innovation. Through its
recently announced acquisition of several hundred patents issued to Harris Corporation Spherix intends
to expand its activities in wireless communications and telecommunication sectors including antenna
technology, Wi-Fi, base station functionality, and cellular.
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.
Phone: (703) 992-9325
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