SALT LAKE CITY, Jan. 15, 2013 (GLOBE NEWSWIRE) -- Lyfe Communications, Inc. (OTCQB:LYFE), a technology leader in the development of next generation media and communication services integrating TV, high-speed Internet and enhanced voice services through a single broadband connection across all connected devices, today announced that they have engaged American Capital Ventures ("ACV"), a provider of comprehensive investor relations services to the micro- and small-cap community.
Gregory M. Smith, Co-Founder and CEO of Lyfe Communications, commented, "Lyfe's patent-pending, proprietary technology and growth strategy has made us a leading player in providing next generation, integrated media and communication services to the market – and with expansion on the horizon, it's become increasingly more important that we convey our opportunity to the right investment audience. We are excited to be teaming up with ACV in this effort and look forward to communicating our technological and corporate progress with the market, enhancing our market visibility, diversifying our investor base and building trust and value among our existing and future shareholders."
"On behalf of ACV, we are pleased to be working with Lyfe Communications and their strong management team. We find the company's current technological advantages in delivering ultra high speed internet, along with their ability to deliver live television across the ever-changing landscape of devices through a single broadband connection utilizing existing networks, quite attractive. Such capabilities are key components to succeeding in and achieving a leadership position in the growing next generation media services market. We intend on working closely with management to convey Lyfe's opportunity to the market, heighten the company's awareness within the investment community and boost their overall investor relations and communication initiatives in the short- and long-term," commented, Howard Gostfrand, President of American Capital Ventures.
About Lyfe Communications, Inc.
Lyfe Communications, Inc. (OTCQB:LYFE), based in Salt Lake City, UT, is a leading technology company that develops, deploys and operates a proprietary converged network services platform delivering next generation media and communications services to subscribers, through a single broadband connection, across various connected home and portable devices. The Company's patent-pending innovations transform traditional digital television into a highly flexible IP (Internet Protocol)-based network service, offering subscribers powerful new features such as the delivery of standard definition TV, HDTV and Video-on-Demand across virtually any IP network to any connected device through a single, integrated service. Utilizing existing networks and patent-pending technology, Lyfe can achieve reduced operating costs and capex requirements, while providing customers with superior speed and connectivity at lower price points. The Company's services are available to multi-family residential communities through its subsidiary Connected Lyfe. For more information, please visit www.connectedlyfe.com.
Forward-Looking Statements
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.