Jun 5 2014
Spherix Incorporated (NASDAQ: SPEX) -- an intellectual property development company committed to the fostering and monetization of intellectual property, today announced that it has expanded its operations in Texas through the opening of a new office located at 222 North Fredonia Street Longview, TX 75601. The Company expects that the new office will allow it to better support its operations in Texas and other locations.
Anthony Hayes, Chief Executive Officer of Spherix, stated, "After our recent $20 million capital raise, the company is now in a position to expand its commercialization efforts. We believe that the Eastern District of Texas court system has a very active and robust patent infringement litigation docket and is known for moving cases quickly. The opening of our new office is intended to enhance Spherix's operations in this venue and in the Northern District of Texas where cases are presently ongoing."
SOURCE Spherix Incorporated