SOURCE: Luxshmi Investments, Inc.

May 14, 2008 20:35 ET

Luxshmi Acquires Mobile-Based Businesses

TACOMA, WA--(Marketwire - May 14, 2008) - (PINKSHEETS: LUXI) Luxshmi Investments, Inc. announced today that it has completed its acquisition of a large portfolio of mobile-based businesses in various stages of development. The details of which will be forth coming as we prepare to launch them with a full marketing campaign.

"We are very happy to finalize this transaction and are very excited to be able to leverage our assets to cater to the growing mobile media market as stated by M:Metrics," stated Mr. Lee, director of Luxshmi Investments, Inc.

M:Metrics, a leading mobile media authority, revealed the demographics and size of the audiences for mobile media. The measurement firm stated that young males are a rich target for mobile advertisers. As with mobile phone users, 36 percent of 18- to 34-year-olds accessed mobile media in February. Men in this age group are also highly receptive to SMS advertising, with nine percent responding to an SMS advert they received, versus a four percent market average.

About Luxshmi Investments, Inc.

Luxshmi Investments, Inc. is a publicly traded Nevada-incorporated company in the development stage operating under the stock ticker symbol LUXI. The company's main focus is to create growth through the acquisition and development of businesses that are involved specifically with social networking and mobile-based sites.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

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