LX Ventures Inc.

TSX VENTURE : LXV


LX Ventures Inc.

February 05, 2014 08:00 ET

Glee Star Harry Shum Jr. Starts Using Mobio INsider

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 5, 2014) - LX Ventures Inc. (TSX VENTURE:LXV) ("LXV" or the "Company") and portfolio company Mobio ("Mobio") are pleased to announce that American entertainer Harry Shum Jr. has joined Mobio as a social media influencer. Harry is best known for his role as "Mike Chang" on the Fox television show Glee. He has appeared in dance films such as Step Up 2: The Streets, Step Up 3D, You Got Served, and Stomp the Yard. He also starred as "Elliot Hoo" in the hit YouTube webseries The Legion of Extraordinary Dancers. With over 1 million Twitter followers and 301,000 Facebook Likes, Harry has a strong base of dedicated fans.

Harry joins a line of Mobio celebrity influencers who will use the platform to better engage with their fans. Using Mobio INsider, influencers will be able to cut through the clutter and better identify popular requests to respond to. Mobio INsider allows influencers to create more intimate and personal interactions with fans in an efficient and engaging manner.

"I can't wait to use Mobio to gain an even closer relationship with my fans. Mobio allows me to immediately know what the majority of my fans are interested in asking me. The opportunity to directly respond to their requests on the Mobio platform makes me excited," said Harry.

Mark Binns, CEO of Mobio, said, "Harry is a rising star and we are thrilled he has chosen Mobio as a way to engage with his fans. Mobio will be a great channel for Harry to share with his fans in a unique way that gives them an opportunity to be more connected to him."

About Mobio

Mobio's flagship product, Mobio INsider, is a free fan directed content platform that rewards fans with exclusive content from the stars they love. Using state-of-the-art proprietary technology, the star responds to fan requests for unique, specific content through a highly engaging social experience, while enhancing the star's social media following and boosting awareness of brand partners. To learn more, please visit www.mobioinsider.com.

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 www.lxventures.com.

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 www.sedar.com.

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.

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