The digital media world has undergone some major changes in the recent past. The progression, which once started as a few flakes of snow bonding together and trickling slowly down a small hill has evolved into a massive snowball, sending advancements our way faster and seeming as if they are something out of a futuristic movie. Once a source of simple communication and a solution to derive information, the web has blossomed into a way of life, business and interaction as well as a source of entertainment and information. In many senses, the majority of content that is available now to internet users was a product of proactive efforts by burgeoning websites/companies that wanted to stay on the forefront of technology. Movies, sporting events and television shows available with the click of a button are now becoming the norm, but an investor must remember that these “luxuries” where once the brainchild of cutting-edge and forward-thinking companies that saw the evolution happening before it ever began.
Where is the next generation of technologies going to take us? That is best answered by thinking about what today’s consumers demand, and that is answered, quite simply, in one word: “more.” More programming, more features and more accessibility are just a few of the attributes that will be coming to a computer and television near you soon. Utah-based LYFE Communications, Inc. is a technology leader focused on impacting the next generation of consumer media services. LYFE’s recent shift in business strategies are prescient, to say the least, as the Company appears to see another shift in modality two steps ahead of any competition.
LYFE Communications is taking the standard “bundling” idea of TV, internet and phone as a group that so many service providers today use more as a sales tool than an actual premium package, and taking it to the next level. By leveraging cutting-edge internet protocol (IP) technologies, LYFE is set to offer nearly boundless possibilities that will allow consumers the capacity to access television programs from any device inside a home as well as through a PDA or smart phone. LYFE intends to meet the insatiable thirst for control of content on demand in today’s fast-paced world. It’s been a while in the making for the industry, but additional services such as integrated home automation, security, data and media management, sharing, playing and collaborating as well as other options are coming around the corner in what LYFE calls “Living the Connected Lyfe.”
Where “cloud” computing is allowing access from virtually any location, it is actually just scratching the surface of the breadth of the digital domain that will soon be set before our communities. For example, regular users of the internet have witnessed the recent trend shift to log-on to multiple websites at one time. This will soon evolve into not only logging into a website, but “logging into the web” where a username and password will no longer be required for all participating sites in the platform (which will eventually envelope virtually every site). LYFE’s model is along similar lines as the capacity to access all things unique to a particular user, including the home, will be at the person’s fingertips in an advanced show of technological superiority. Even more opportunistic for the Company is the fact that Utah boasts a state-of-the-art initiative, called UTOPIA, where sixteen cities have joined together to create one of the nation’s largest, fastest and most robust fiber-optic networks, all the while giving users the freedom to choose an individual provider. With Utah initiating such a network, LYFE sits in the catbird seat to incorporate their leading technologies with infrastructure, innovations and digital contents rights firmly intact.
Engaged in an industry that contains stalwarts ranging from Google to Comcast, LYFE Communications is running with the big boys as an industry leader by not only setting new standards, but also setting the pace for the next generation. With only 63 million shares outstanding, a paltry market cap of $12.5 million and trading at all-time lows, LYFE may soon be garnering more attention of savvy investors as a value opportunity due not only to the typical small-cap proposition of speculation, but the deep entrenchment of their roots in a community committed to expansion and development.
More information on LYFE, their revolutionary fiberoptic technologies and business strategies can be found on the Company’s website at www.connectedlyfe.com