SOURCE: Luxshmi Investments, Inc.

September 12, 2008 20:31 ET

Luxshmi Investments Issues Corporate Update

TACOMA, WA--(Marketwire - September 12, 2008) - Luxshmi Investments, Inc. (PINKSHEETS: LUXI) is pleased to update its shareholders and the investment community regarding recent developments in its business planning.

Luxshmi remains an investment company seeking revenues from different sectors of the marketplace, and as such we are focused on the long-term success of our high-tech division. We believe it is essential to be at the technological forefront of the mobile-based industry. By doing this, we will be in a position to capture a significant market share.

"I have been involved in the high-tech sector for over fifteen years and I recognize that this industry is now on the verge of explosive growth," stated Mr. Robyn Lee, director of Luxshmi Investments. "Conservatively speaking, this sector is forecasted to generate annual revenues of over twelve billion by 2010."

While Luxshmi is already negotiating with companies in all sectors of the mobile-based industry, it will continue to be on the lookout for future strategic acquisitions.

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.

Contact Information

  • Contact
    Robin Lee