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Vringo Alleges Infringement Over Remote Monitoring Using Mobile Terminal

NEW YORK - January 28, 2014 - Vringo, Inc. (NYSE MKT: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced that its wholly-owned subsidiary, Vringo Germany GmbH, filed a patent infringement lawsuit against Tyco International Ltd., and a related company.

The lawsuit, filed in the Regional Court of Mannheim, alleges infringement of the European Patent 1,221,149, entitled "Process and Device for Surveillance of a Room". The Court initiated service on January 23, 2014.

According to the complaint, Vringo requests that Tyco provide information regarding the extent to which Tyco offers and/or delivers infringing products and compensate Vringo for any loss it has incurred or will incur due to such actions. Vringo also asks the court to impose the costs of legal dispute upon Tyco.

The lawsuit between Vringo and Tyco Integrated Security, LLC, filed in the United States District Court for the Southern District of Florida on September 12, 2013, remains pending.

CORRECTION:  An earlier version of this press release referred to Tyco Security Products EMEA.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vringo, Inc. via GlobeNewswire