LX Ventures Inc.
TSX VENTURE : LXV

LX Ventures Inc.

November 29, 2013 08:00 ET

LX Ventures Portfolio Company Mobio Signs Brody Jenner

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 29, 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 Brody Jenner as a social media influencer. Mr. Jenner is a an American TV personality and model who rose to prominence after being cast in reality television series including: The Princes of Malibu, The Hills and recently returned to reality television after being cast in Keeping Up with the Kardashians during the eighth season, which features his father Bruce; his stepmother Kris Jenner; his step siblings Kourtney, Kim, Khloé, and Rob Kardashian; and his half-sisters Kendall and Kylie Jenner. Brody has over 1.7 million Twitter followers worldwide.

Mobio INsider will enable Brody to filter through his fan requests to identify the most popular requests that will engage his fans. The Mobio INsider platform allows influencers like Brody to include fans in their content creation process, and to build upon fan suggestions.

"Mobio INsider looks to be a game changer in the social space. It takes the typical liking and commenting platform to the next level and will provide more meaningful engagement between me and my fans. Follow my twitter stream @BrodyJenner and stay tuned for my launch on Mobio," said Brody Jenner.

Mark Binns, president of Mobio, said, "We're excited to now be part of Brody's social family. He's the true prince of reality TV and brings a legion of engaged fans wanting to extend the conversation with him off the small screen. We look forward to some action packed content."

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: 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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