VRINGO SUBSIDIARY FLICHARGE AND MITO INTRODUCE ReVIVE
(Thomson Reuters ONE) -
The Most Powerful In-Vehicle Wire-Free Charging System for Automotive and
Transportation Aftermarkets
NEW YORK - October 28, 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 its subsidiary, fliCharge, and MITO
Corporation, a leading importer and distributor of aftermarket products to the
transportation industry, have introduced ReVive, an innovative wire-free
conductive charging system for the automotive and transportation aftermarkets.
The ReVive system can be installed in virtually any type of vehicle including
cars, trucks, RVs, taxis, emergency vehicles and boats providing user-friendly
and efficient wire-free conductive charging for smart phones, tablets and many
other battery-operated devices. ReVive's industry leading 36 watt 12 volt
charging circuit is more than six times more powerful than the competing
inductive car chargers and has enough power to charge several devices at the
same time.
ReVive is supported by fliCharge enabled Apple and Samsung phone cases,
universal adaptors for a wide number of electronic devices and charge pads for
home, school and office.
"We have been searching for a true wire-free charging platform that can provide
cost effective, powerful and highly efficient charging across multiple devices
for today's connected and mobile consumers," said Marvin Metzler, CEO of MITO.
"To that end, we are excited to introduce fliCharge's ReVive technology to our
customers at SEMA, at the Las Vegas Convention Center from November third
through the sixth."
"With a growing list of automotive manufacturers now using our technology, we
are pleased to offer this exciting aftermarket product to all other car and
vehicle owners," said Kevin Hibbard, Vice President of Product Development of
fliCharge. "We are very excited about our partnership with MITO that will help
to develop the fliCharge ecosystem into all areas of the mobile consumer's
life."
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.
About MITO Corporation
Since 1974, MITO Corporation has been an importer/distributor supplying top
quality products and top brand name solutions to the RV, marine, school bus,
transit bus and specialty vehicle OEM and aftermarket industries. Over the
years, MITO Corporation has established many exclusive vendor relationships with
industry leading products including Gentex, HomeLink, Seiki, VIZIO, Clarion Corp
of America, KICKER, Alpine Electronics, DUAL, Panasonic, and WiFi Ranger. MITO's
proprietary products include Perimeter View observation systems, cameras and
monitors, MITO RV and Marine speakers and accessory products. For more
information about MITO Corporation, visit www.mitocorp.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.
Investor and Media Contacts:
Cliff Weinstein
Executive Vice President
Vringo, Inc.
646-532-6777
cweinstein(at)vringoinc.com
Marvin Metzler
President & CEO
MITO Corporation
574-295-2441
mmetzler(at)mitocorp.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Vringo, Inc. via GlobeNewswire
[HUG#1961919]
Unternehmensinformation / Kurzprofil:
Datum: 29.10.2015 - 02:00 Uhr
Sprache: Deutsch
News-ID 430298
Anzahl Zeichen: 7831
contact information:
Town:
New York
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 247 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"VRINGO SUBSIDIARY FLICHARGE AND MITO INTRODUCE ReVIVE"
steht unter der journalistisch-redaktionellen Verantwortung von
Vringo, Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
