LVX News & Events

LVX System Travels to Austin, Texas for Presentation to Investors at the Gathering of Angels

Visible Light Communication (VLC) technology is advancing to the next stage of development, which entails bringing LVX System’s patented technology to a broad marketplace. In North America this new market is anticipated to reach a valuation of $60 billion by 2022.

Chief Executive Officer and President David Sexton just returned from Austin, TX where he presented LVX System’s innovative work at the Gathering of Angels (GOA). LVX was one of four companies selected to meet with investors this month.

Since 1996, mature and seasoned angel investors and investment bankers have been gathering in Austin to hear entrepreneurs make a pitch for capital. David presented to the group at large, then held private meetings with individual investors.

The GOA scored the presentation high and deemed our patented technology to be "disruptive, thereby offering a solid investment opportunity."" Several strategic partnerships were also identified within Austin’s rapidly expanding technology sector.

David and I also held a productive round of meetings with prospective investors in the Dallas market.

The trip to the Lone Star State comes during our $4.2 million bridge round of funding as we prepare for the $30-$45 million upcoming A-Round.

We invite you to get involved. Returns for investors are enhanced by our robust patent portfolio, valued at $147 million in a recent independent appraisal. Together, we can all achieve more, and partnerships on multiple fronts are essential to our long-term success.

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Most sincerely,
Randy Mortensen
Chief Business Development Officer
LVX System
O: 320-229-8888
M: 321-427-2201
randy.mortensen@lvx-system.com

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ABOUT:LVX System is the inventor and innovative leader in the fast-emerging Visible Light Communication (VLC) and Light Fidelity (Li-Fi) market. As the pioneer and foundational VLC patent holder, in this new frontier of communication through light photons, LVX is poised to monetize this proprietary research at an exponential rate of recurring revenue.

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