SOURCE: Lyfe Communications, Inc.

September 08, 2011 06:00 ET

Lyfe Communications Announces Strong Subscriber Growth and Low Churn Rates

Over the Last Three Months, the Company Has Posted 50% Subscriber Growth While Maintaining Less Than 1% Monthly Churn Rate

SALT LAKE CITY, UT--(Marketwire - Sep 8, 2011) - Lyfe Communications, Inc. (OTCBB: LYFE), a technology leader in the development of next generation media services integrating TV, high-speed Internet and enhanced voice services, today announced strong subscriber growth and customer satisfaction metrics among consumers along the Wasatch front with access to full triple play services.

"We started with the premise that underserved consumers would be attracted to fast bandwidth combined with full HD digital television and voice services. It's not a new idea, but it hasn't been available to everyone and we can extend these capabilities," said Greg Smith, Founder and CEO of Lyfe Communications. "We are still small, but we are showing that consumers in underserved areas will respond favorably and remain loyal when presented with leading edge services. These churn rates are better than anyone expected; we owe a lot to our customers. Their feedback and our service representatives' efforts have helped us to hone our offering and grow our base."

In the three months ending in August, the company has increased its subscriber base by 50% in the Wasatch market solely through word of mouth marketing. Monthly churn rates over the same period have been below 1%: 1.5 to 2x below the industry averages.

This press release may contain forward-looking statements including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company and other factors detailed in the company's filings with the SEC. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.

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