LX Ventures Inc.

TSX VENTURE : LXV


LX Ventures Inc.

January 14, 2014 08:00 ET

LX Ventures Inc.: Mobio INsider Certified by Alexa.com

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 14, 2014) - LX Ventures Inc. (TSX VENTURE:LXV) ("LXV" or the "Company") and portfolio company Mobio ("Mobio") are pleased to announce that MobioINsider.com has been officially certified by Alexa.com. Alexa Internet, Inc. is a California-based subsidiary company of Amazon.com which provides commercial web traffic data.

The Alexa Traffic Rank for MobioINsider.com is now based on Certified Metrics directly measured from the MobioINsider.com website as of January 13, 2014. Previously, as MobioINsider.com went through the certification process, Alexa estimates were based on panel measurements and estimates.

Mobioinsider.com is now ranked as follows:

Global Rank: 10,213 (January 13, 2014)
United States Rank: 3,909 (January 13, 2014)

In addition, Mobio is now achieving 90,000+ daily unique visitors and 325,000+ daily pageviews on average according to Alexa.

MobioINsider.com, only 6 weeks post launch, stacks up impressively with mature social platforms including:

SnapChat.com:
Global Rank: 6,734 (Jan 13, 2014)
United States Rank: 4,348 (Jan 13, 2014)

Vine.co:
Global Rank: 2,200 (Jan 13, 2014)
United States Rank: 1,002 (Jan 13, 2014)

Mark Binns, CEO of Mobio, said, "We are very pleased that our Alexa traffic numbers are now based on Certified Metrics and that everyone can see the incredible progress we are making as a social platform. Our influencers are doing an amazing job engaging with their fans and the traffic reflects this success."

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: http://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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