Spherix Chief Executive Officer to Speak at Industry Conference

BETHESDA, Md., March 11, 2016 /PRNewswire/ -- Spherix Incorporated (Nasdaq: SPEX) -- an intellectual property development company committed to the fostering and monetization of intellectual property and the advancement of technology, today announced that Anthony Hayes, Chief Executive Officer of Spherix, will speak at the second annual NPE conference. The conference is held at the Covene Event Center in the Financial District of New York City on March 22, 2016.

This event is the only one of its kind to focus specifically on the non-practicing entity (NPE) industry. It brings together leaders from the sector and the wider IP community to discuss the challenges, pitfalls and opportunities of running a licensing business in today's climate. Mr. Hayes will speak during the "Running an NPE" segment.

Mr. Hayes commented, "Our industry continues to evolve, and I am looking forward to discussing the challenges, and more importantly, our strategic responses, to the issues facing our industry. Spherix has had an interesting journey, and our new strategy, which creates a larger and more diversified effort to monetize our portfolio of assets, can serve as an intriguing model for others in our space." 

More information on this conference can be found at http://www.iam-events.com/NPE/2016.

About Spherix
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 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.

Contact:

Investor Relations:       
Hayden IR
Brett Mass, Managing Partner
Phone: (646) 536-7331
Email: [email protected]
www.haydenir.com

Spherix:                       
Phone: (703) 992-9325
Email: [email protected]
www.spherix.com

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SOURCE Spherix Incorporated

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