Dallas, Texas (December 7, 2011) – StockGuru Shines its Spotlight on Elevate, Inc. (OTCBB: ELEV) and LightSquared.  Elevate Inc. is  a nationwide digital services company meeting the demand for personal, one-to-one customer service. LightSquared is a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation.   Elevate Inc. announced yesterday a wholesale agreement that will enable Elevate to substantially improve its 4G wireless broadband offering to residential and small business customers.  The Company closed on December 6, 2011, at $1.01, trading in a fifty-two week range of $1.35 – 0.95.

Elevate currently provides monitored security, VoIP, premium entertainment, wire line broadband, energy automation and limited 4G HSPA+ wireless broadband services to both residential and commercial customers through a network of independent, local Certifiable Geniuses. Each Certifiable Genius forms long-term relationships with customers on Elevate’s behalf and ensures his client’s needs are met through a custom-configured Elevate product Stack.

“At Elevate, we take the time to build a personal, consultative relationship with each and every customer, and it’s through this dynamic that we have identified the overwhelming demand for the kind of affordable broadband access that our partnership with LightSquared will deliver. We are so excited about our partnership with LightSquared because it allows us to substantially enhance our product set with state-of-the-art 4G-LTE-based wireless services,” said Wright W. Thurston, chief executive officer of Elevate.

This agreement underscores the benefits of LightSquared’s wholesale-only business model, which helps foster the ambitions of emerging companies that are eager to level the competitive landscape and deliver their own affordable wireless services.

“Our agreement with Elevate is indicative of what LightSquared was built to enable,” said Sanjv Ahuja, chairman and chief executive officer of LightSquared. “Elevate’s unique approach to delivering service aligns well with LightSquared’s unique approach to delivering network access on a wholesale-only basis. Complementing its exciting portfolio of digital offerings with wireless broadband services will allow Elevate to continue to be a unique force in the service provider community.”

About LightSquared

LightSquared’s mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services – at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared’s network represent more than $14 billion of private investment over the next eight years.

About Elevate, Inc. 

Elevate provides data, voice, video, mobile and security solutions through a network of local and independent Certifiable Geniuses.

To get free alerts on this and other similar stocks, please register here:

Get StockGuru Email Alerts

What is the StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight. Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage. There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below. StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]. If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile. Please contact the StockGuru Publisher John Pentony at this email address: [email protected].

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage. When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present. Additionally SG also discloses any anticipated compensation in the future. Compensation is typically in cash. Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

John Pentony, Publisher, Stockguru.com

Tel: +1 469 252 3031

e-mail: [email protected]