FRISCO, TX — May 29, 2008 — NeXplore Corporation (OTC: NXPC) today announced the company has signed a Letter of Intent with LiveLoop™ Technologies to explore incorporating a selection of LiveLoop’s rich Internet applications (RIAs) into NeXplore Corporation’s social computing platform.
Currently under development, NeXplore’s social computing platform is a universally accessible, application-agnostic social computing platform providing users with a single, highly customizable interface for managing every facet of their online activity. One of the more prominent LiveLoop RIAs NeXplore is evaluating for private label inclusion in its social computing platform offering is LiveLoop SocialCam Community™ — a dynamic video networking tool that provides face-to-face communication within a specially-designed community tailored to meet the goals, specifications and design of each member.
“In a market increasingly cluttered with walled-garden social networking sites, a key differentiator of the LiveLoop SocialCam Community is that users can participate in a SocialCam video chat or video conference from wherever they happen to be—MySpace, YouTube, Facebook, or most any social networking site. LiveLoop SocialCam works anywhere on the Web,” said Tom Smith, president of LiveLoop Technologies.
“NeXplore is on the cutting edge of the Web 2.0 world. The way people use the Internet to connect with information and each other is rapidly changing, and the NeXplore team gets it. We are very pleased to be working with NeXplore to discover how LiveLoop applications can further enhance and differentiate the company’s portfolio of Web 2.0 tools and destinations.”
“Being platform agnostic has been a guiding principle from day one with this project. Personalization and ease of use are also key elements,” said Edward Mandel, chief executive officer of NeXplore Corporation. “LiveLoop interactive applications have the versatility to operate anywhere on the Web, which is certainly appealing.” Mandel added, “We are committed to providing our users with the most unique, very best possible online experience. We look forward to continued productive discussions with LiveLoop, and to doing all that we can to ensure consumers and marketers will be both pleased and amazed when we open our product for public beta.”
About LiveLoop Technologies
LiveLoop Technologies provides a platform and toolset that enable information and rich media content to be exchanged and communicated within an interactive environment on-web, direct-to-desktop, and direct to mobile. LiveLoop’s highly intelligent and fully integrated suite of applications are ushering in a new age of convenient, connected communications. Stay in the LiveLoop.
For more information visit www.livelooptech.com
About NeXplore Corporation
NeXplore Corporation (OTC: NXPC) improves the online experience by providing Web tools and destinations that empower people to drive and define a World Wide Web perfectly suited for their unique needs, interests and online pursuits. For advertisers, NeXplore offers a full array of search, display and interactive advertising products to reach and engage targeted consumers. For more information about NeXplore, visit www.nexplorecorporation.com.
Forward-Looking Statements: A number of statements contained in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited to: our ability to commercialize a proprietary product, our ability to generate product sales and operating profits, potential vulnerability of technology obsolescence, potential competitive products by better capitalized companies, potential difficulty in managing growth, dependence on key personnel, and other risks which will be described in future company Securities and Exchange Commission filings. Investor Contact: Media Contact: Stewart Clancy Rory Doherty (214) 432-0637 (214) 459-6321 sclancy@NeXplore.com rdoherty@NeXplore.com
