JACKSONVILLE, FL -- (Marketwired) -- 10/27/14 -- MV Portfolios, Inc. (OTCQB: MVPI) (''MVPI'' or the ''Company''), a Jacksonville based intellectual property investment, development and licensing company, today announced that it has retained EraStar, Inc. (OTCQB: CYCA) to significantly enhance MVPI efforts in raising investor awareness and implementing new marketing plans.
Shea Ralph, Chief Financial Officer of MV Portfolios, stated, "MVPI is rapidly moving forward, building international brand recognition in the marketplace. We create value through uncovering academic innovation and monetizing what we believe to be significant intellectual property. We stand behind all of the intellectual property we control. We have already announced an action against Google claiming infringement of our location based and geospatial information technology.
"Additionally, we are continually evaluating the intellectual property of leading U.S. and international universities in order to find the best IP to develop by providing productizing resources and expertise in marketing. We look forward to continuing to build our 'MVPI' brand by informing more investors about the MV Portfolios investment opportunity. The senior team at EraStar, Inc. will be invaluable to us as we begin a multi-year mission to monetize our assets for the benefit of all shareholders, present and future."
Steffan Dalsgaard, CEO of EraStar, stated, "We are elated to begin work with MVPI. We believe in the MVPI business model and we see that it has enormous potential to succeed. We will work very closely with management to maximize shareholder value for all stockholders. We recognize that senior management of MVPI has been working diligently for months on multiple opportunities in the mobile and geospatial space, which we believe have significant potential. We look forward to partnering with them as they introduce these new concepts to the market. At EraStar, we wholeheartedly believe in MVPI's anticipated growth plans, which give us the opportunity to make this stock a household name with stock brokers, money managers and financial institutions globally."
About MV Portfolios, Inc.:
MV Portfolios, Inc. is a patent productization company designed to assist universities and inventors with their mobile applications and smartphone technology IP. MVPI holds a series of patents related to street level imaging and location based services. The company has extensive knowledge, resources and experience in creating strategic distribution channels to reap the hidden value of university innovations. For more information please visit www.mvportfolios.com.
About EraStar, Inc.:
EraStar, Inc. is a dynamic Las Vegas based marketing business that offers the following services: Comprehensive Marketing Strategies for Public and Private Institutions, Public Relations and Media Activities, Product Marketing, Support Services, Business Development Consulting, and Lead Generation. EraStar currently provides services to a variety of clients in a number of industries nationwide. It is publicly traded under (OTCQB: CYCA).
Safe Harbor Statement:
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "anticipate," "plan," "will," "intend," "believe" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations with respect to our lack of profitable operating history, changes in our business, potential need for additional capital, fluctuations in demand; changes to economic growth in the U.S. economy; and government policies and regulations, including, but not limited to those affecting the Internet, all as set forth in our Annual Report on Form 10-K and most recent Form 10-Q. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of MV Portfolios, Inc. and are difficult to predict. MV Portfolios, Inc. undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Company Contact Information:
Chief Financial Officer
PH: (904) 586-8673
Email: Email Contact
EraStar, Inc. Contact Information:
PH: (702) 480-9800
Email: Email Contact
Source: MV Portfolios, Inc.