LX Ventures Inc.
TSX VENTURE : LXV

LX Ventures Inc.

May 20, 2014 08:00 ET

Mobio INsider Launches Social Media Video Content

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 20, 2014) - Mobio INsider, the social network for influencers and their followers, and a portfolio company of LX Ventures Inc. (TSX VENTURE:LXV), has enhanced its social media platform with the launch of embedded video capabilities.

Now in addition to text messages and exclusive photos, Mobio influencers can engage their followers by sharing their self-generated, exclusive videos for a complete online fan experience.

By deploying embedded video based on the proven YouTube platform, Mobio has attained a major milestone in its product development path. The Mobio development team now plans to roll out additional features over the coming year:

  • Embedding video from other online video providers
  • Direct uploading of video to the Mobio website
  • Streaming of exclusive fan-directed live events

"We are thrilled to provide our influencers with another fun way to engage their fans, and for those fans to experience a greater connection with their favorite actors, athletes, and performers," commented Mike Edwards, CEO of LX Ventures. "Mobio now offers a comprehensive and versatile social experience based on a full suite of text, image and video capabilities - with more great enhancements to come."

About Mobio INsider

Mobio INsider is the social network for influencers and their followers. We provide users with a community where they can discover, follow and interact with each other - and, we give influencers an opportunity to earn money through our revenue sharing program. Mobio INsider is owned by LX Ventures and is headquartered in Vancouver, BC. To learn more, please visit www.mobioinsider.com and www.mobioinsider.com/getpaid.

About LX Ventures

LX Ventures identifies high potential technology companies at revenue and brings together the right mix of talent, experience and resources to rapidly accelerate each company's growth. Our value-added approach is now being used to focus Mobio INsider on scaling, driving revenue and expanding market share. LX Ventures is publicly traded company on the TSX-V, headquartered in Vancouver, BC. To learn more, visit http://www.lxventures.com.

Important Cautions Regarding 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 Ventures 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 Ventures are those risks described herein and from time to time, in the filings made by LX Ventures 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.

Contact Information

  • Liolios Group Inc.
    Scott Liolios or Wojtek Nowak
    1-949-574-3860
    lxv@liolios.com