Signs Contract to Provide Next Generation Media and Communications Services to Thousands of New Customers
SALT LAKE CITY, Jan. 30, 2013 (GLOBE NEWSWIRE) -- Lyfe Communications, Inc. (LYFE), a technology leader in the development of next generation media and communication services integrating TV, high-speed Internet and enhanced voice services through a single broadband connection across all connected devices, today announced that it has selected Integra Telecom to provide fiber-based high-bandwidth services to all its properties in Utah.
With Integra's high-bandwidth fiber solutions, Lyfe will increase its total service capacity, providing high-speed Internet, and phone services to thousands of new customers residing in targeted Multiple Dwelling Unit (MDU) properties throughout Utah. Integra's high-bandwidth network and secure IP/MPLS VPN services enable Lyfe to provide cost-effective bandwidth essential to the advanced digital media services Lyfe customers demand.
By working with Integra, Lyfe is able to utilize one of the largest IP networks in the country. Integra connects businesses of all sizes with advanced networking, communications and technology solutions in 35 metropolitan markets. Integra owns and operates an enterprise-class network consisting of a 5,000-mile long-haul fiber-optic network, 3,000--miles of metropolitan fiber and a nationwide IP/MPLS network. With fiber connecting directly to more than 2,200 enterprise buildings and data centers and an expansive Ethernet-over-Copper footprint, Integra can deliver high-bandwidth services to more than 400,000 businesses.
"We are pleased to provide fiber-based bandwidth services to Lyfe Communications, enabling high-speed connectivity to their growing customer base in Utah," said Joseph Harding, senior vice president of marketing at Integra. "We look forward to delivering exceptional service to Lyfe and helping them do the same for their end customers."
"The signing of the Integra contract is the result of months of work with property managers and an extensive bid process with network providers, culminating in a dramatic increase in our bandwidth capacity targeted for Utah's MDU sector," said Garrett Daw, EVP of Operations at Lyfe Communications. "Moreover, it provides the flexibility for further expansion on a network with a long operating history and national footprint. With Integra as a reliable and trusted partner, we can now look forward to pursuing and acquiring new customers and adding new properties across a variety of markets faster and easier than before."
About Lyfe Communications
Lyfe Communications, Inc. (LYFE), based in Salt Lake City, UT, is a leading technology company that develops, deploys and operates a proprietary converged network services platform deliveringnext 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.
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.
Lyfe Communications, Inc. Garrett R. Daw Tel: 1-801-597-5161 firstname.lastname@example.org American Capital Ventures Howard Gostfrand, President Tel: 305.918.7000 email@example.com