LX Ventures Inc.
TSX VENTURE : LXV

LX Ventures Inc.

December 19, 2013 11:00 ET

Mobio INsider Welcomes Kylie Jenner as an Influencer

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 19, 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 television personality Kylie Jenner as a social media influencer. Kylie is the youngest sister of Kourtney, Kim and Khloe Kardashian and is known for her appearances on the reality television series Keeping Up with the Kardashians. Kylie has an exclusive PacSun clothing line she designs with her sister Kendall. Kylie has over 5 million Twitter followers, 6.7 million Instagram followers and 2 million Likes on Facebook.

The successful launch of Mobio INsider on December 1st convinced Kylie of the kind of positive impact Mobio will have on her fans. Kylie joins a growing list of celebrity influencers who will use Mobio INsider to reward fans through a socially engaging experience. Mobio INsider allows influencers to easily identify and produce widely sought after and in-demand content by including fans in the content creation process.

"I love talking to my fans. Mobio INsider makes it so much easier for me to really identify popular requests and to get the conversation going. I can't wait to see what pictures they want me to take or what questions they want me to answer. This is going to be fun!" said Kylie Jenner.

Mark Binns, president of Mobio, said, "Kylie is such a great addition to the Mobio family. Joining her sister Kendall will give them both a chance to talk to their joint fans and have a little fun at the same time."

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 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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