Press Release: Spherix Signs Letter of Intent for the Sale of Its Information Subsidiary - FierceBiotech

Press Release: Spherix Signs Letter of Intent for the Sale of Its Information Subsidiary - FierceBiotech: "BELTSVILLE, Md., April 26 -- Spherix Incorporated has signed a letter of intent to sell the stock of its subsidiary, InfoSpherix Incorporated, to The Active Network Inc. Terms of the deal have not been disclosed. InfoSpherix contracts with government agencies to design, host, and operate park reservation services and public service contact centers."