LX Ventures Inc.

TSX VENTURE : LXV


LX Ventures Inc.

March 13, 2014 08:00 ET

Mobio INsider Welcomes Hope Solo as an Influencer

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 13, 2014) - 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 soccer goalkeeper and two-time Olympic gold medalist, Hope Solo as a social media influencer. Hope has been goalkeeping for the United States women's national soccer team since 2000 and is regarded as one of the top goalkeepers in the world. She currently plays for the Seattle Reign FC in the National Women's Soccer League, the top division of women's soccer in the United States. Hope has a dedicated and avid fan base that is over 700,000 Twitter followers and 1.4M Facebook Likes strong.

Hope joins a long line of celebrity influencers on Mobio who use the platform to actively interact with their fans. Mobio INsider allows influencers to reduce the noise and easily identify popular requests that yield the greatest positive sentiments amongst fans. Mobio simplifies fan interactions by enabling influencers to choose and answer fan requests in a streamlined and efficient manner.

"I really have the best fans. They always have my back and I love that Mobio allows me to get closer to them," said Hope.

Mark Binns, CEO of Mobio, said, "Hope's a great role model and amazing team player with a dedicated fan base. I can just imagine the number of questions her fans will want to ask her now that they can connect with and be recognized by their favorite sports idol on Mobio INsider. We are excited to have her on board and can't wait to help her tap into her growing fan base."

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.mobioinsider.com

About LX Ventures

LX Ventures acquires and accelerates high growth technology companies. LXV is 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. LXV is in the business of building businesses. For further information about LX Ventures, please visit: www.lxventures.com

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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