Life Clips, Inc. (LCLP) Places Initial Order of SoloVu™ 4k Action Cameras to Meet the Need of Retail & Distribution Orders

CHARLOTTE, N.C., May 12, 2016 (GLOBE NEWSWIRE) -- Life Clips, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and share life's moments, announced today that the company has placed its initial order of its new 4k Action Camera the SoluVu™. LCLP’s SoloVu™ has several key features that competitors like GoPro do not come standard with, such as; an internal gyroscope for greater image stabilization, built in motion detection for activation, and a 16 mega-pixel image camera. The SoloVu™ will come with video options of 4k, 2k, 1080 and 720. The camera will come with a 32GB memory card. SoloVu™ will also feature burst mode, time lapse & looping video modes.

CEO Bob Gruder Said, “We are coming out of the gate swinging. We aim to aggressively compete with companies like GoPro by offering comparable or better features at a far lower price. The SoloVu™ will retail for $159.00 which is significantly less than the leading brand. What we have here is a feature and option rich product with a quality and a price that should be extremely attractive to consumers. We are not putting the cart before the horse, we are currently in the advanced stages of conversation with some of the nation’s largest distributors and big box retailers. We anticipate having a great roll out of this initial camera product. We hope to have several more exciting models releasing this year as well.”

Safe Harbor Statement

In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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Contact: CONTACT INFORMATION: Robert Gruder Chief Executive Officer info@lifeclips.com Investor Relations David Kugelman Atlanta Capital Partners, LLC (404) 856-9157 (866) 692-6847 Toll Free - U.S. And Canada

Source:Life Clips, Inc.