Spherix And Charter Communications File Joint Stipulation Of Dismissal

(RTTNews) - Spherix Inc. (SPEX) announced that Spherix and Charter Communications Inc., Wideopenwest Finance LLC a/k/a Wow! Internet, Cable & Phone, Knology, Inc., Cequel Communications, LLC, d/b/a Suddenlink Communications, and Cable One, Inc., or collectively "Plaintiffs" filed a joint stipulation of dismissal in the action filed on January 17, 2014.

As a result, the Plaintiffs' allegations against the Company are dismissed without prejudice, with each party to bear its own costs. The Plaintiffs and Spherix also agreed, with respect to all patents owned by Spherix as of the date of the filing, to negotiate in good faith prior to bringing any action concerning these patents or bringing an action for infringement of these patents. The parties agreed that any further actions related to these patents will be brought solely in Delaware.