LX Ventures Inc.
TSX VENTURE : LXV

LX Ventures Inc.

November 14, 2013 08:00 ET

LX Ventures Portfolio Company Mobio Signs Lucy Hale

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 14, 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 actress and singer Lucy Hale as a social media influencer. Lucy is best known for her role as Aria Montgomery on the ABC Family series Pretty Little Liars and has a dedicated global fan base that is over 3.2 million Twitter followers strong.

By using the Mobio INsider platform, Lucy will be able to reward her fans with content they had a hand in creating. Mobio INsider allows influencers to seed a question to their fan base and provides the tools needed to identify popular requests.

Mark Binns, president of Mobio, said, "An avid social media user and star like Lucy Hale is a perfect addition to our Mobio family. We're excited to help Lucy deepen the connection she has with her fans by creating socially engaging experience for them both."

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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