LX Ventures Portfolio Company Mobio Signs Scott Disick
VANCOUVER, BRITISH COLUMBIA, Oct 24, 2013 (Marketwired via COMTEX) --
LX Ventures Inc. (TSX VENTURE: LXV) ("LXV" or the "Company") and
portfolio company Mobio ("Mobio") are pleased to announce that Mobio
has signed on American reality television personality Scott Disick as
a social media influencer. Mr. Disick is best known for starring on
the television series Keeping Up With the Kardashians, and has a huge
fan base spanning across the globe including more than 3.6 million
Scott has selected Mobio as his preferred platform for two-way fan
social engagement and dialogue. Through Mobio INsider, Scott will
encourage his fans to ask for the pictures and content that they want
most, and Scott will respond creating a more personal relationship.
Mobio INsider has completed Beta testing and will be officially
launching on December 1st with leading influencers including Mr.
Mobio continues to disrupt the social engagement industry by
attracting the world's most widely followed celebrities and achieving
exceptional ad unit engagement as fans unlock celebrity content by
engaging with brand partners. The traditional social networking sites
including Twitter have enjoyed exceptional growth over the past few
years utilizing a broadcast communication framework. Mobio INsider is
the evolution of this trend by enabling true two way communication
between stars and their fans.
Mark Binns, president of Mobio, said, "We are very excited that Mr.
Disick has selected Mobio as his platform for two way social fan
engagement. Our continued adoption by leading social media
influencers like Scott shows that our technology has unique value in
the marketplace and that we are succeeding on our vision of bringing
stars closer to their fans, one by one."
"With continued market adoption by leading social influencers, LX is
demonstrating a highly valuable acceleration of Mobio. We are very
happy with the performance of our second major portfolio acquisition
this year," said Mike Edwards, CEO of LX Ventures.
"I am bombarded with Tweets, Facebook messages and inbound questions
daily from my fans. Mobio INsider is the perfect platform to simplify
and amplify my fan communications for both of our benefits. I can't
wait to get started," said Scott Disick.
About LX Ventures
LX Ventures is a publicly traded technology accelerator that
acquires, integrates and accelerates high growth technology
companies. We are vertically integrated with internal best-in-class
practice area teams in sales, marketing, engineering and finance that
are leveraged to turn our portfolio companies into industry leading
organizations, one by one. We are in the business of building
businesses. For further information about LX Ventures, please visit:
Mobio's flagship product, Mobio INsider, is a leading fan directed
content network that rewards fans with content they have a hand in
creating from the stars they love and connects brands to their
desired audiences. The platform successfully reaches the youth
demographic through a highly engaging social experience, while
increasing the star's social media following and boosting awareness
of brand partners. The company is headquartered in Vancouver, British
Columbia. To learn more, please visit www.mobio.net.
ON BEHALF OF THE BOARD
LX VENTURES INC.
Mike Edwards, CEO
CAUTIONARY NOTE: FORWARD-LOOKING STATEMENTS. Other than statements of
historical fact, all statements included in this news release,
including, without limitation, statements regarding future plans and
objectives of LX are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Factors that could cause actual results to differ
materially from those expected by LX are those risks described herein
and from time to time, in the filings made by LX with Canadian
securities regulators. Those filings can be found on the Internet at:
Neither the TSX Venture Exchange nor its Regulatory Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
LX Ventures Inc.
SOURCE: LX Ventures Inc.
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