SOURCE: Tivus, Inc.
OMAHA, NE–(Marketwire – September 15, 2010) – Tivus, Inc. (
“Among the requirements to become a fully reporting public company, such as engaging an audit firm, is the retention of competent securities counsel to represent the interests of a company’s owners — its shareholders,” commented Shiva Prakash, Tivus’ president and chief executive officer. “Accordingly, I am pleased to announce the selection of Whitley LLP Attorneys at Law to serve as our securities counsel.
“After a series of meetings last week, I had the pleasure of interviewing and retaining Whitley LLP and meeting its managing partner, Mr. Samuel Whitley, Esquire. Specializing in the needs of small cap companies for nearly ten years, Sam’s knowledge and experience in corporate and securities law will be a critical asset to the Company. Furthermore, Whitley LLP’s experience in international business and technology law complements our long-range strategy to rollout Tivus’ products and services on a global scale.
“We currently find the Company in a unique, and I believe favorable, position as our business activity begins to outpace our regulatory compliance initiative. However, the first steps in the process to become fully reporting, preparing the books and securing the associated documents required for auditing, have already been underway.
“I wanted to reassure shareholders Tivus’ new team, including our securities counsel, auditors, and investor relations, are currently focused on attaining fully reporting status,” Prakash concluded.
About Whitley LLP Attorneys at Law
For nearly a decade, Whitley LLP Attorneys at Law has served the domestic and international business community in the areas of securities law, hedge fund formation and compliance, mergers and acquisitions, initial public offerings, commercial litigation and technology law. The Firm offers comprehensive business legal services for companies in a variety of industries, including technology, energy, manufacturing, private equity, and financial services. For more information, please visit www.whitley-llp.com.
About Tivus, Inc.
Tivus, Inc. is a technology entertainment services company that provides internet-based TV and Cable programming, interactive game content, and goods & services to the hotel/hospitality industry. Using onsite hardware and software, including flat-screen televisions, Tivus offers its customers a turnkey guest entertainment solution. Tivus unique IPTV hotel entertainment system is a complete, multifaceted entertainment platform that, for the first time in the industry, generates previously untapped revenues to the hotel through commercial spots, advertisements of local tourist services, and hotel promotions, etc. For more information, please visit www.tivus.com.
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