DeFi Global Network Leverages Its Carrier-Grade Mobile Broadband Solutions to Serve Enterprise Clients Worldwide

SCOTTSDALE, AZ–(Marketwire – October 26, 2010) –  DeFi Global, Inc. (PINKSHEETS: LCHL), announced today that its ground-breaking mobile communications platform has proven to deliver carrier-grade reliability and scalability for customers worldwide. In addition to its existing customers and partnerships, DeFi Global has received a number of inquiries to deploy its customized solutions to theme parks, ski resorts, museums, conventions and other venues worldwide.

“DeFi Global has joined the ranks of the major network operators by bringing world-class reliability, robustness and scalability to our customers,” said Jeffrey R. Rice, DeFi Global CEO. “The DeFi network is the equivalent, if not better than, any major, worldwide carrier’s IP communication deployment. We are now leveraging our network, along with commercializing our private label, mobile applications, to capture sales in the tourism and travel industry, gaming and other large vertical markets.”

The DeFi network first completed a scalability demonstration in late 2008 using BroadSoft’s BroadWorks communication and messaging platform with IBM BladeCenter HT. During a series of tests at the IBM PSSC Network Transformation Center in Montpellier, France, the demonstration showed that DeFi’s network had the capacity to handle millions of users and Busy Hour Call Attempts (BHCAs) on the IBM BladeCenter HT. 

About DeFi Global, Inc.

Founded in 2006, DeFi Global is a technology company and a global network service provider that develops and delivers a wide variety of services, applications, products and solutions for business customers. Headquartered in Scottsdale, AZ, DeFi Global leverages the carrier-grade architecture of its private IP network, and a suite of proprietary software applications in a hosted environment to deliver end-to-end communications solutions to carriers, mobile operators, cable operators, ISP’s and large enterprise businesses. DeFi launched its first customized mobile software and location-based navigational solution on-board the world’s largest cruise ship, Oasis of the Seas, through an agreement with Royal Caribbean. For more information, please visit www.defiglobal.com.

This Press Release contains “forward-looking statements” that are based on current management’s expectations. Statements that are not historical facts are identified as “forward-looking statements.” The words “estimate,” “project,” “intend,” “expect,” “believe,” “plan,” and similar expressions, particularly when used in the “future tense,” are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. These forward-looking statements are necessarily estimates, reflecting the best judgment of senior management that rely on a number of assumptions concerning future events, many of which are outside of the Company’s control, and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements.

These uncertainties, among others, include the success of the Company in obtaining sufficient equity and debt capital on commercially reasonable terms to carry out its business plan, whether its services will find acceptance in the market place and generate significant sales and profits, the status of US and World economies, and various other factors. No assurance can be given that any of the assumptions relating to the forward-looking statements specified in the following information are accurate, and we assume no obligation to update any such forward-looking statements. You should not unduly rely on these forward-looking statements, which speak only as of the date of this Press Release. Except as required by law, we are not obligated to release publicly any revisions to these forward-looking statements to reflect events or circumstances occurring after the date of this Press Release or to reflect the occurrence of unanticipated events.

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