Lyfe Communications Increases Services at Cedar Breaks Apartments
(GlobeNewswire Via Acquire Media NewsEdge) SALT LAKE CITY, March 12, 2013 (GLOBE NEWSWIRE) -- Lyfe Communications, Inc. (OTCQB:LYFE), a technology leader in the development of next generation media services integrating TV, high-speed Internet and enhanced voice services, today announced that it has increased its bandwidth and overall service capacity at Cedar Breaks Apartment complex in Taylorsville, Utah.
Utilizing the new partnership with Integra Telecom IP network, this increase in capacity will extend the company's Data services to 184 customers in the apartment complex. The extension in services will be implemented in the second quarter of 2013 and thereafter, offer the company the opportunity to deliver additional services to customers already subscribed to Telephony and other telecom services.
This represents the company's implementation of expanded services over the Integra network, and further deployment of expanded services in the Utah market under that partnership. The Utah MDU market presents a significant opportunity for Lyfe to grow its customer base in an underserved area.
"We are excited to be able to expand our service offering to Cedar Breaks apartment complex," said Garrett Daw, EVP of Operations at Lyfe Communications. "Cedar Breaks allows Lyfe to grow its existing customer base in Utah while strengthening our relationship with Integra. For Lyfe to be able to provide quality data services to an exceptional property like Cedar Breaks and its 184 tenants is a tremendous growth opportunity for our company."
About Lyfe Communications
Lyfe Communications, Inc. (OTCQB:LYFE), based in Salt Lake City, UT, is a leading technology company that develops, deploys and operates a proprietary converged network services platform delivering next generation media and communications services to subscribers, through a single broadband connection, across various connected home and portable devices. The Company's patent-pending innovations transform traditional digital television into a highly flexible IP (Internet Protocol)-based network service, offering subscribers powerful new features such as the delivery of standard definition TV, HDTV and Video-on-Demand across virtually any IP network to any connected device through a single, integrated service. Utilizing existing networks and patent-pending technology, Lyfe can achieve reduced operating costs and capex requirements, while providing customers with superior speed and connectivity at lower price points. The Company's services are available to multi-family residential communities through its subsidiary Connected Lyfe.
For more information, please visit www.connectedlyfe.com.
This press release may contain forward-looking statements including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company and other factors detailed in the company's filings with the SEC. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.
CONTACT: Lyfe Communications, Inc.
Garrett R. Daw
American Capital Ventures
Howard Gostfrand, President
Source: Lyfe Communications, Inc.
2013 GlobeNewswire, Inc.
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