Vringo Announces Memorandum Opinion & Order Issued in Proposed Merger Partner's Patent Infringement Lawsuit

On June 15, 2012, the Court issued a Memorandum Opinion & Order relating to the Markman hearing on June 4, 2012 in connection with the lawsuit captioned I/P Engine, Inc. v. AOL Inc. et al., Civ. Action No. 2:11-cv-512, filed in United States District Court for the Eastern District of Virginia, Norfolk Division on September 15, 2011. I/P Engine, Inc. is a wholly-owned subsidiary of Innovate/Protect, Inc. Vringo has entered into a definitive merger agreement with Innovate/Protect, Inc. A copy of the Memorandum Opinion & Order is available on the Public Access to Court Electronic Records (PACER) electronic public access service at http://www.pacer.uscourts.gov/, and will be filed by Vringo, Inc. with the U.S. Securities and Exchange Commission.