LIG Assets Subsidiary Opens New Office near Austin, Texas and Adds Salesperson in Chicago to Sell SuiteMagic Software

DALLAS, Sept. 12, 2012 /PRNewswire/ -- LIG Assets, Inc. (OTCPK: LIGA) announces that in addition to its corporate office in Dallas, SuiteMagic technology (also known as MSuites hospitality software), will be sold from its new location near Austin, Texas.  Sales at the new office located in Round Rock, Texas and will begin operations on September 17, 2012.  The initial costs for the expanded operation will be funded by LIG Assets, Inc. 

Christine Dittman, Project Manager for the new office, commented, "I'm excited to bring this great product to the Austin area and look forward to working with MSuites as we build our client base."  She added, "It will be a wonderful addition to local hotels and businesses alike."

In addition to the office near Austin, LIG Assets has also hired a new regional manager for the Chicago area.  This skilled salesman will be responsible for opening an office and staffing it for product sales throughout the northern Midwest territory.

LIG Assets CEO Jeff Love stated, "Our technology provides a quantum leap in quality and experience over existing systems now in place at most hotels and motels."  He continued, "We have aggressive plans to add offices, sales staff, product support and installation throughout the United States and beyond.  The growth of SuiteMagic over the coming months and years is expected to be extraordinary."

About LIG Assets, Inc.

LIG Assets, Inc., based in Dallas, TX, is a multi-faceted worldwide investment company that focuses on real estate, oil and gas, technology, and entertainment. LIG Assets, Inc. trades on the pink sheets under the ticker symbol "LIGA".

For additional information, please visit LIG Assets corporate website: www.ligassetsinc.net.

About SuiteMagic, Inc.

SuiteMagic is a hospitality/entertainment technology focused company providing internet-based TV and Cable programming, interactive game content, and goods and services.  It will deploy hardware and software to create an enhanced television suite of offerings that combine the best of HD TV, the Internet, PC functionality and VOD.  The product provides hotel guests with an all-encompassing in-room experience while allowing hoteliers to monetize the rapidly growing consumer trend towards a truly Internet-integrated TV experience. 

For additional information concerning SuiteMagic, Inc., please visit www.suitemagic.net or www.msuitesinc.com

Forward-Looking Statements

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the U.S. Securities and Exchange Commission (SEC).

Contact Information:

LIG Assets, Inc.
(214) 760-1000
ir@pricetargetmedia.com

SOURCE LIG Assets, Inc.



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