POMPANO BEACH, Fla.,
June 6, 2012 /PRNewswire/ -- Ludwig
Enterprises, Inc. (OTC: LUDG) Board of Directors announces it has
developed a revolutionary enhancement that will be added to "The
One" radio. This technology allows users to have instant
connectivity to social media contacts while in close proximity to
each other.
Currently a person using a social media or a dating site must
meet a match on-line. With Ludwig's technology if one of the
person's matches comes close in proximity to the user then both the
user and matched party are notified. If both parties accept they
are then connected via a private communication link and can meet
then and where they are instantaneously.
Management believes this new social media technology will
dramatically increase the sales of "The One." Based upon current
valuation methodology Ludwig's Social Media technology should add
valuation in excess of $30
Million.
ABOUT LUDWIG:
Ludwig Enterprises, Inc., is a subscriber based radio
service targeting niche radio markets. Ludwig uses "The One" radio,
which utilizes a patented technology in order to receive digitally
broadcast content focused on the ethnic, senior and youth
markets.
SAFE HARBOR
Forward-looking statements made in this release are made pursuant
to the "safe harbor" provision of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements made by Ludwig
Enterprises, Inc. are not a guarantee of future performance. This
news release includes forward-looking statements, including with
respect to the future level of business for the parties. These
statements are necessarily subject to risk and uncertainty. Actual
results could differ materially from those projected in these
forward-looking statements as a result of certain risk factors that
could cause results to differ materially from estimated
results. Management cautions that all statements as to future
results of operations are necessarily subject to risks,
uncertainties and events that may be beyond the control of Ludwig
Enterprises, Inc. and no assurance can be given that such results
will be achieved. Potential risks and uncertainties include,
but are not limited to, the ability to procure, properly price,
retain and successfully complete projects, and changes in products
and competition.
For Investor Relations information,
Contact:
investor_relations@ludwigent.com
OR
Patrick Greenish
President Ludwig Enterprises,
Inc.
786-235-9026
president@ludwigent.com
SOURCE Ludwig Enterprises, Inc.