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TACOMA, WA--- Luxshmi Acquires Mobile-Based Businesses |
| 5/16/2008 @ 3:54 PM
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Luxshmi Investments, Inc. announced today that it has completed its acquisition of a large portfolio of mobile-based businesses in various stages of development. The details of which will be forth coming as we prepare to launch them with a full marketing campaign.
"We are very happy to finalize this transaction and are very excited to be able to leverage our assets to cater to the growing mobile media market as stated by M:Metrics," stated Mr. Lee, director of Luxshmi Investments, Inc.
M:Metrics, a leading mobile media authority, revealed the demographics and size of the audiences for mobile media. The measurement firm stated that young males are a rich target for mobile advertisers. As with mobile phone users, 36 percent of 18- to 34-year-olds accessed mobile media in February. Men in this age group are also highly receptive to SMS advertising, with nine percent responding to an SMS advert they received, versus a four percent market average.
About Luxshmi Investments, Inc.
Luxshmi Investments, Inc. is a publicly traded Nevada-incorporated company in the development stage operating under the stock ticker symbol LUXI. The company's main focus is to create growth through the acquisition and development of businesses that are involved specifically with social networking and mobile-based sites. |
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