LIG ASSETS, INC. Enters the Up-scale Dining and Lounge Market

DALLAS, Aug. 3, 2011 /PRNewswire/ -- LIG Assets, Inc. (LIGA.PK) Jeff Love, CEO and President LIG is pleased to announce that its newly created Entertainment Division has entered into a contractual relationship with an established operator of fine dining restaurants and lounges in the DFW area.

"I believe we are well positioned to tap into the competitive sub-market of upscale lounge and restaurant business in the Metroplex.  Ultra-chic still sells," noted Mr. Love.

With two locations already settled and several others under consideration, LIG anticipates first launch in October.

"LIG's speed to market comes from its plans to rebrand and repurpose spaces with current and appealing concepts that combine fine dining and innovative beverage service.  A multi-venue approach is in right now and we are moving to fill this niche," said Mr. Love.

About LIG Assets, Inc.

LIG Assets, Inc. (LIGA.PK),  is in the early stages of anticipated growth, arising from its business focus on arranging the purchase and finance of real estate and oil and gas investment transactions for others and on its own account, raising venture capital and entering start up businesses.

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

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:

LIG Assets, Inc.

214-760-1000

SOURCE LIG Assets, Inc.