8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________________________________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

____________________________________________________________

Date of Report (Date of earliest event reported): May 5, 2014

SPHERIX INCORPORATED

(Exact Name of Registrant as Specified in Charter)

Delaware	0-5576	52-0849320
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

6430 Rockledge Drive, Suite 503 Bethesda, MD	20817
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (703) 992-9260

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01 OTHER EVENTS.

On May 5, 2014, Spherix Incorporated issued the press release attached hereto as Exhibit 99.1.

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS

(d)           Exhibits.

The exhibit listed in the following Exhibit Index is furnished as part of this Current Report on Form 8-K.

Exhibit No.	Description
99.1	Press Release dated May 5, 2014

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date:  May 5, 2014

	SPHERIX INCORPORATED
By:	/s/  Anthony Hayes
	Name:  Anthony Hayes
	Title:  Chief Executive Officer

EX-99.1

Exhibit 99.1

Spherix Commences Federal Litigation Against Juniper for Patent Infringement-Spherix Continues Monetization of Famous Nortel Patents

BETHESDA, MD, May 5, 2014 /PRNewswire/ -- Spherix Incorporated (NASDAQ: SPEX) -- an intellectual property development company committed to the fostering and monetization of intellectual property, commenced litigation against Juniper Networks, Inc. (NYSE: JNPR), in the United States District Court for the District of Delaware, alleging that the Sunnyvale, California based company infringes five patents owned by Spherix.

The patents asserted in the litigation were developed by Nortel Networks and acquired by Spherix in December 2013.  The technology at issue relates to routers and switches sold by Juniper that move data across a network and are five of the same patents previously asserted by Spherix against Cisco.  Spherix contends that the scope of Juniper’s infringement of the asserted patents has been and continues to be substantial.  Juniper is one of the world’s largest manufacturers and sellers of routing and switching products for high-performance networks.  The complaint alleges that for Juniper’s fiscal year ending December 31, 2013, Juniper had revenues of over $2.24 billion from routers, $638 million from switches and more than $790 million from services.  Similar revenues were reported for Juniper’s 2011 and 2012 fiscal years.  The complaint goes on to allege that the majority of Juniper’s revenue from at least January 1, 2011 until the present is and has been generated by products and services implementing technology that infringes the asserted patents.

Anthony Hayes, Chief Executive Officer of Spherix, stated, “This is the latest step in our efforts to monetize the intellectual property developed by world famous Nortel Networks.  To date, we have filed infringement lawsuits against Cisco, AT&T, Uniden, VTech, and T-Mobile, and today announce our suit against Juniper Networks. We are continuing to execute on our monetization strategy and look to further expand revenue and value for the Company.”

About Spherix

Spherix Incorporated was launched in 1967 as a scientific research company. Spherix is committed to advancing innovation by active participation in the patent market. Spherix draws on portfolios of pioneering technology patents to partner with and support product innovation.

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.

Investor Relations Contact:

Hayden/ MS-IR

Brett Mass

Phone: (646)-536-7331

Email: brett@haydenir.com

 www.haydenir.com

Spherix Contact:

Phone: (703) 992-9325

Email:info@spherix.com

www.spherix.com