[ Press Release | January 9, 2004 ]
SPHERIX EXPANDS CUMBERLAND FACILITIES TO ACCOMMODATE RAPID GROWTH
Success in Reservations Business Drives Company to Move into "Showcase"

CUMBERLAND, MD. Spherix Incorporated (NASDAQ/SPEX), having won several major Federal and State contact center contracts in 2003, found itself bursting at the seams of the old "cinder block and bare pipes" building it had occupied for 14 years in this Western Maryland city.

So the Company did what any successful, hardworking American would do with a promotion, a raise, and growing family: it traded up and moved into its dream home. On December 15, 2003, Spherix relocated its Western Maryland facility to 12501 Willowbrook Road, Cumberland, Maryland.

Already a major employer in the Cumberland area, Spherix’s addition of more than 100 new contact center and technical positions has enhanced the Company’s status as a strong contributor to the economic well being of this mountainous region.

Headquartered in Beltsville, Maryland, on the outskirts of Washington, DC, Spherix’s InfoSpherix Division has in recent years steadily increased its market share in the business of processing camping reservations and tour ticketing for National and State parks.

The Company’s ReserveWorld business line is one of the fastest growing services in the public parks reservations market and is now considered as one of the top two providers of these services. By winning three State reservations contracts in 2003, it was clear that it was time for the Company to invest in a modern facility capable of supporting both current customers and expected new projects.

Describing what led the Company to more than double its operations capacity, Spherix President and CEO Thomas Gantt said, "Given the potential for adding other States in the near future combined with the large number of new contact center positions we added, it was definitely time to move into a bigger house. This move is another important step in the continuing growth of Spherix’s in Federal, State and commercial markets. We continue to grow because of our high technology, low prices and, most of all, our outstanding customer service."

The new projects are being added to the family of the Company’s other contact centers it operates for the National Park Service, the states of Delaware, Maryland, Michigan, and Indiana, and for the U.S. Postal Service and the Federal Office of Personnel Management. Several prospective clients who witnessed the newest launches observed that Spherix performed flawlessly.

[ For additional information, contact Kathy Brailer, (301) 419-3900 Email: kbrailer@spherix.com ]

Certain statements contained herein are "forward looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied. Factors that could cause actual results to differ materially from those expressed or implied include, but are not limited to, those discussed in filings by the Company with the Securities and Exchange Commission, including the filing on Form 8-K made on March 3, 1999.

Under its motto, "A World of Solutions," Spherix’s mission is to create value and increase shareholder wealth through innovations that benefit our clients and the human condition. Spherix offers innovations in information technology, knowledge management, and biotechnology.