LX Ventures Inc.
TSX VENTURE : LXV

LX Ventures Inc.

December 18, 2013 11:00 ET

LX Ventures Inc.: Successful Launch of Mobio INsider Attracts Tyler Blackburn

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2013) - 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 actor and singer Tyler Blackburn as a social media influencer. Tyler is best known for his role as Caleb Rivers on the popular ABC Family series Pretty Little Liars and its spin-off Ravenswood. Tyler has a loyal fan base of over 700 thousand Twitter followers strong.

The successful launch of Mobio INsider on December 1st convinced Tyler Blackburn of the value it brings to influencers and fans alike. Tyler joins a growing list of celebrity influencers who will use Mobio INsider to develop deeper relationships with their fans. Mobio INsider allows influencers to easily produce widely sought after and in-demand content by including fans in the content creation process.

"I love how Mobio INsider helps to reduce the noise there usually is on social media. I want to connect with my fans and Mobio INsider provides a great way for me to identify what my fans want. I can't wait to give back a little to my fans!" said Tyler Blackburn.

Mark Binns, president of Mobio, said, "Tyler is an up and coming star and we're excited to help him grow his fan base further. We can't wait to see how excited his fans will be to have a chance to interact directly with their idol!"

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.

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.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: 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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