Tivus, Inc. Announces Reduction of Authorized Common Stock

OMAHA, NE–(Marketwire – September 8, 2010) –  Tivus, Inc. (PINKSHEETS: TIVU), a provider of turnkey media entertainment technology to the hotel and hospitality industry, today announced its board of directors has authorized a reduction in its authorized common stock from 2,000,000,000 shares to 300,000,000 shares.

“I am pleased to announce, after carefully considering our shareholders’ feedback, our board has approved a significant reduction in our authorized common share count,” commented Shiva Prakash, Tivus’ president and chief executive officer. “Although I have always maintained a commitment to grow Tivus with careful attention to non-accretive use of Company capital, I believe this gesture offers shareholders substantive confirmation of management’s attention to shareholder value.

“The dramatic reduction in our authorized common share count will also enable the company to attract a larger and more diverse shareholder base, laying the needed groundwork for serious future institutional investment.

“I expect an updated OTC Markets Information Statement to be soon completed as well as amending and filing the reduction in authorized shares to our Corporate Charter with the Secretary of State,” Prakash concluded.

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 ultra-modern flat screen televisions, Tivus offers hotel guests secure broadband connectivity to the Internet via a proprietary Network Operations Center, allowing Tivus to uniquely monitor, protect and track each customer transaction. Tivus not only provides its customers a turnkey entertainment solution for its guests, for the first time, the hotel’s entertainment system will be a multifaceted platform in which to generate previously untapped revenues through commercial spots, advertisements of local tourist services, and hotel promotions, etc. For more information, please visit www.tivus.com. 

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