Tivus, Inc. Engages Securities Counsel
September 15 2010 - 9:45AM
Marketwired
Tivus, Inc. (PINKSHEETS: TIVU), a provider of turnkey media
entertainment technology to the hotel and hospitality industry,
today announced it has retained Whitley LLP Attorneys at Law, a
Houston-based securities and corporate law firm.
"Among the requirements to become a fully reporting public
company, such as engaging an audit firm, is the retention of
competent securities counsel to represent the interests of a
company's owners -- its shareholders," commented Shiva Prakash,
Tivus' president and chief executive officer. "Accordingly, I am
pleased to announce the selection of Whitley LLP Attorneys at Law
to serve as our securities counsel.
"After a series of meetings last week, I had the pleasure of
interviewing and retaining Whitley LLP and meeting its managing
partner, Mr. Samuel Whitley, Esquire. Specializing in the needs of
small cap companies for nearly ten years, Sam's knowledge and
experience in corporate and securities law will be a critical asset
to the Company. Furthermore, Whitley LLP's experience in
international business and technology law complements our
long-range strategy to rollout Tivus' products and services on a
global scale.
"We currently find the Company in a unique, and I believe
favorable, position as our business activity begins to outpace our
regulatory compliance initiative. However, the first steps in the
process to become fully reporting, preparing the books and securing
the associated documents required for auditing, have already been
underway.
"I wanted to reassure shareholders Tivus' new team, including
our securities counsel, auditors, and investor relations, are
currently focused on attaining fully reporting status," Prakash
concluded.
About Whitley LLP Attorneys at Law For
nearly a decade, Whitley LLP Attorneys at Law has served the
domestic and international business community in the areas of
securities law, hedge fund formation and compliance, mergers and
acquisitions, initial public offerings, commercial litigation and
technology law. The Firm offers comprehensive business legal
services for companies in a variety of industries, including
technology, energy, manufacturing, private equity, and financial
services. For more information, please visit
www.whitley-llp.com.
About Tivus, Inc. Tivus, Inc. is a
technology entertainment services company that provides
internet-based TV and Cable programming, interactive game content,
and goods & services to the hotel/hospitality industry. Using
onsite hardware and software, including flat-screen televisions,
Tivus offers its customers a turnkey guest entertainment solution.
Tivus unique IPTV hotel entertainment system is a complete,
multifaceted entertainment platform that, for the first time in the
industry, generates previously untapped revenues to the hotel
through commercial spots, advertisements of local tourist services,
and hotel promotions, etc. For more information, please visit
www.tivus.com.
One of our most important responsibilities is to communicate
with shareholders in an open and direct manner. Comments are based
on current management expectations, and are considered
"forward-looking statements," generally preceded by words such as
"plans," "expects," "believes," "anticipates," or "intends." We
cannot promise future returns. Our statements reflect our best
judgment at the time they are issued, and we disclaim any
obligation to update or alter forward-looking statements as the
result of new information or future events. We urge investors to
review the risks and uncertainties contained within its filings
with the OTC Markets and/or Securities and Exchange Commission.
Media Relations: Steven Haag (877) 608-3388
tivus@smallcapss.com