NEW YORK, June 1, 2016 /PRNewswire/ -- Spherix Incorporated (SPEX) –a company committed to the fostering of technology and the monetization of intellectual property, today announced the Company was featured in a story published in IAM, a publication universally acknowledged as the world's leading IP business media platform.
The article, written by Richard Lloyd and published on www.iam-media.com on May 27, 2016, can be accessed as originally published at:
The article discusses the benefits of the recent $4.375M licensing agreements and plans for the Company moving forward. In the article, Spherix CEO Anthony Hayes discussed the changes to the IP monetization market and how Spherix is actively pivoting along with it to provide value and growth opportunities for its shareholders.
Anthony Hayes, CEO of Spherix, stated about the IAM article, "Spherix is committed to keeping shareholders up to date and communicating both our recent accomplishments and plans moving forward. The Company has turned a corner and we expect more investor outreach, such as this article, in the future. We thank our loyal shareholders and IAM for the article."
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. Spherix has acquired over 100 patents from Rockstar Consortium Inc., and several hundred patents issued to Harris Corporation, covering a variety of methods and components involved in switching, routing, networking, optical and telephone technologies, as well as in the wireless communications and telecommunication sectors.
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.
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SOURCE Spherix Incorporated