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2015-12-15

Vringo, Inc.: VRINGO, INC. REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE LISTING RULE

NEW YORK - December 15, 2015 - Vringo, Inc. (NASDAQ: VRNG), a company engaged
in the innovation, development and monetization of intellectual property as
well as the commercialization and distribution of wire-free charging and
rugged computing devices, today announced that on December 14, 2015, the
company received a letter from The NASDAQ Stock Market LLC notifying the
company that it has regained compliance with The NASDAQ Stock Market's
minimum bid price continued listing requirement. The letter noted that
because the closing bid price of the company's common stock has been at $1.00
per share or greater for the last ten consecutive trading days, the company
has regained compliance with Listing Rule 5550(a)(2) and the matter is now
closed.

About Vringo, Inc.

Vringo, Inc. is engaged in the innovation, development and monetization of
intellectual property as well as the commercialization and distribution of
wire-free charging and rugged computing devices. Vringo's intellectual
property portfolio consists of over 600 patents and patent applications
covering telecom infrastructure, internet search, ad-insertion, mobile and
wire-free charging technologies. Vringo's subsidiary fliCharge is dedicated
to the licensing and commercialization of wire-free charging technologies.
Vringo's subsidiary Group Mobile is dedicated to the marketing and sale of
rugged computing devices. For more information, visit:www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements, which may be
identified by words such as "believes," "expects," "anticipates,"
"estimates," "projects," "intends," "should," "seeks," "future," "continue,"
or the negative of such terms, or other comparable terminology.
Forward-looking statements are statements that are not historical facts.
Such forward-looking statements are subject to risks and uncertainties, which
could cause actual results to differ materially from the forward-looking
statements contained herein. Factors that could cause actual results to
differ materially include, but are not limited to: our inability to license
and monetize our patents, including the outcome of the litigation against ZTE
and other companies; our inability to recognize the anticipated benefits of
the acquisition of IDG, which may be affected by, among other things,
competition, our ability to secure advantageous licensing and sales
agreements, market acceptance of IDG's technology, potential technology
obsolescence, protection of intellectual property rights and potential
liability risks that are inherent in the marketing and sale of products used
by consumers; our inability to monetize and recoup our investment with
respect to patent assets that we acquire; our inability to develop and
introduce new products and/or develop new intellectual property; our
inability to protect our intellectual property rights; new legislation,
regulations or court rulings related to enforcing patents, that could harm
our business and operating results; unexpected trends in the mobile phone and
telecom infrastructure industries; our inability to raise additional capital
to fund our combined operations and business plan; our inability to maintain
the listing of our securities on a major securities exchange; the potential
lack of market acceptance of our products; potential competition from other
providers and products; our inability to retain key members of our management
team; the future success of Infomedia and our ability to receive value from
its stock; our ability to continue as a going concern; our liquidity and
other risks and uncertainties and other factors discussed from time to time
in our filings with the Securities and Exchange Commission ("SEC"), including
our annual report on Form 10-K filed with the SEC on March 16, 2015. Vringo
expressly disclaims any obligation to publicly update any forward-looking
statements contained herein, whether as a result of new information, future
events or otherwise, except as required by law.

Contacts:

Investors and Media:

info@vringoinc.com

(212) 309-7549

---------------------------------------

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

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