Fortune 500 Executive joins Spherix as Vice President, Licensing

Spherix Incorporated (NASDAQ: SPEX), an intellectual property (IP) development company committed to the fostering and monetization of IP, has announced that Frank Reiner, an experienced patent licensing and monetization professional, has joined Spherix as Vice President, Licensing, where he will report to chief executive Anthony Hayes and play a key role in the company's licensing efforts.

Mr Reiner most recently served as the Vice President of Patent Licensing and Acquisition for Flextronics International. Prior to Flextronics, he was a partner at Intellectual Value Creation Services, where he advised the IP Investment Group at Coller Capital on patent monetization, including patent acquisitions, sales and licensing, each from a technical and business perspective. Earlier in his career Mr Reiner served as the Senior Director of Licensing at InterDigital Communications and was responsible for InterDigital's patent licensing program in the cellular and wireless space.

Mr Hayes said: “We are extremely pleased that Frank has joined the Spherix team at this very important time in the company's evolution. Frank brings many years of experience and his skill set in the cellular and wireless space compliments Spherix's portfolio of patents.”