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Luvoo.com Now Publicly Traded Under Ticker Symbol LVTI

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On-Line Dating Company Experiencing Surge in Subscribers

Luvoo.com (PINKSHEETS: LVTI), a growing on-line dating company, announced today they have entered the public stock market under the ticker symbol LVTI. Luvoo.com is one of three publicly traded companies in the multi-billion dollar on-line dating industry. Based on the rapid growth of the company and unique financial model, Luvoo is positioned with three direct competitors. Two of their competitors are Match.com (IACI) which is priced at $24.70 and American Singles® (LOV) which is priced at $6.00.

Luvoo.com anticipates a continued surge in subscriber base due to their free 12 month sign-up period, large scale advertising campaign and celebrity endorsements.

Investors now have the ability to purchase shares of this high-growth, newly traded, on-line dating company which has limited direct competitors, an aggressive national advertising campaign and a public float of 7.3 million.

Lourdes Dan Hoek, President of Luvoo.com, stated, "It is an honor to enter the public stock market. We are continuing to experience record subscriber growth. Unlike many other industries, our financial model is structured towards monthly residual revenue from subscribers."

For more information please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit the company website at: .

About Luvoo.com:

Luvoo.com (PINKSHEETS: LVTI) is a US corporation which is aggressively gaining market share in the on-line dating industry. The company's strategy for growth is through celebrity endorsement, aggressive large scale advertising, affiliate business opportunities and patent pending concepts and technology such as "The Luvoo Dating Card," "Verified Member" and "Instant Notifier."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.



 
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Updated: 9:59 PDT     1755

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