Vringo, Inc. (Vringo) is a development-stage company. The Company strives to develop, acquire, license and protect innovation across the world. It is focused on identifying, generating, acquiring, and deriving economic benefits from intellectual property assets. It intends to monetize its technology portfolio through a variety of value enhancing initiatives, including, but not limited to licensing, strategic partnerships and litigation. The Company manages an intellectual property portfolio consisting of over 500 patents and patent applications, covering telecom infrastructure, internet search and mobile technologies. These patents and patent applications have been developed internally and acquired from third parties. It innovates, acquires, licenses and protects technology and intellectual property rights across the world.