Luvoo.com Upgrades Network Capacity to Process 10 Times Daily Volume
Luvoo.com Upgrades Network Capacity to Process 10 Times Daily Volume
Infrastructure Comprises Intel Multiple Dual Xeon 3.0 CPUs
Luvoo.com (PINKSHEETS: LVTI), a growing online dating company, is pleased to announce they have upgraded their network capacity to process 10 times their daily volume. This upgrade comes at a time when Luvoo.com has continued to experience a high rate of growth including their most recent 900 percent increase in monthly subscribers.
Based on the rapid rate of growth, management determined it was in the best interest of their subscribers, shareholders and distributors to improve their infrastructure with state-of-the-art technology. Their new infrastructure now consists of multiple Dual Xeon 3.0 CPUs coupled with HYBRID 20Mbps BURSTABLE to 100Mbps bandwidth. This technology gives Luvoo.com the platform to run its business in a superior manner.
L. Yvonne Vanhoek, President of Luvoo.com, stated, "During the last 3 months, we have experienced strong interest and subscriber growth. We determined it was critical to upgrade our infrastructure with state-of-the-art technology in order to meet today's demand for continued growth in the future. We are also in the process of providing new services such as Voice over IP and Video over IP for our members."
Unlike many industries, Luvoo.com's financial model is based on month over month residual revenue from online dating subscribers. Currently, over 60 million Americans are single and could use online dating services. Numbers are greatly larger when factoring in the global online dating experience. Most of these services charge a monthly fee ranging from $12.99 to $29.95. Luvoo.com is FREE for a limited time only. Management projects accelerated residual revenue to follow there after.
For more information please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit the company website at: www.luvoo.com.
About Luvoo.com:
Luvoo.com (PINKSHEETS: LVTI) is a U.S. 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.
