Lyfe Communications Announces New Contract at Legacy Springs Apartments
June 06 2013 - 8:00AM
Lyfe Communications, Inc. (OTCQB:LYFE), a technology leader in the
development of next generation media services integrating TV,
high-speed Internet and enhanced voice services, today announced
that it has executed a new contract to provide services at Legacy
Springs Apartment complex in Riverton, Utah. The Company previously
announced it had increased bandwidth to provide such services.
With this executed contract, the Company will provide services
to Legacy Springs Apartments through 2020 with the opportunity to
deliver additional services such as subscription Telephony and
other telecom services. Currently, Lyfe is providing its Data
services to over 200 customers in the apartment complex which will
be turned up in June of 2013 utilizing the Integra Telecom IP
Network. This represents the company's first implementation and
contract to provide expanded services to Triton Investments, Inc.,
manager of over 2000 apartment units in Utah and
Idaho.
Garrett Daw, EVP of Operations at Lyfe Communications,
commented, "Legacy Springs is an important new customer for
Lyfe, allowing us to further expand our existing customer base in
Utah, while building a relationship with Triton Investments and
strengthening our current relationship with Integra. We see the
Utah MDU market as a significant opportunity for us to grow our
customer base in an underserved area. We are excited to begin
servicing Legacy Springs and its 200 tenants, and look forward to
expanding into additional opportunistic, underserved
areas."
About Lyfe Communications
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.
CONTACT: Lyfe Communications, Inc.
Garrett R. Daw
Tel: 1-801-597-5161
investorrelations@connectedlyfe.com
American Capital Ventures
Howard Gostfrand, President
Tel: 305.918.7000
info@amcapventures.com