Atlanta, Jan. 22, 2013 (GLOBE NEWSWIRE) -- Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has acquired top-level (.Com) internet domain: www.LGMH.com. LGMH is a widely-used and popular internet acronym for the phrase "Love Gives Me Hope" which refers to true personal stories of inspirational individual triumph overcoming adversity (for examples, please visit the LoveGivesMeHope website or Facebook (@LoveGivesMeHope -- which Facebook page has over 180,000 likes for the internet term/acronym known as 'LGMH'/Love Gives Me Hope'). Leveraging viral marketing and .Com top-tier Google search positioning, the goal will be for 'LGMH.com' to be eternally tied to Light Media's corresponding 'LGMH' Stock Ticker Symbol. LGMH.com was previously-owned by an Asia-based consortium since 2003, and the transaction was closed after months of negotiations. Subsequently, the acquisition of LGMH.com now brings Light Media's internet properties' portfolio to a total of 92 high-value internet domain names.
"Research will confirm that only a relatively few of the approximately 14,000 publicly-traded companies in the United States actually own free and clear the top-level (.Com) internet domain name property corresponding with their assigned stock ticker symbol. Light Media is now fortunate to be in that exclusive club of publicly-traded companies that actually own their corresponding value-added .Com stock ticker symbol, via this strategic acquisition of LGMH.com. So for example, when desktop/lap-top, smartphone or tablet users worldwide type or search 'LGMH' on their digital devices and hit the embedded .Com button on their keypads, this will lead them directly to the Inspirational Media Specialist - Light Media (LGMH).
As financial institutions further willfully reduce and restrict options for meaningful access to capital by start-ups and entrepreneurs, the value of Stock Ticker Symbols (and the corresponding .Com internet domain name), affording access to investors and shareholders worldwide, will increase exponentially as paths for corporate growth and shareholder wealth maximization by privately-held enterprises narrow and become difficult to traverse (for example, please see CNNMoney article dated January 17, 2013 entitled "Investors pour record $8 billion into U.S. stocks"). As such, the acquisition of LGMH.com is timely and strategically important for furtherance, enhancement and preservation of corporate legacy and market: (1) building, (2) awareness, (3) positioning and (4) goodwill," said Danny Wilson, CEO, Light Media. Heb.11:1-6.
About Light Media:
Light Media (OTC Markets: LGMH), Inspirational Media Specialist, markets, produces and distributes inspirational music, video, video games, print media and entertainment space through its network of radio, Internet, television, print and special events global business platforms and marketing and alliance partners. Light Media is also the 20th publicly-traded multi-media conglomerate in the United States. For more information, please visit: www.LGMH.com, www.LightMediaHoldings.com, or www.InvaluableMedia.com
Cautionary Note Regarding Forward-Looking Statements: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Light Media (OTC: "LGMH") and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.