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Life Clips(R) Develops New HD 360 Degree Action Camera With a Scheduled Release for August 2016

Life Clips(R) Develops New HD 360 Degree Action Camera with a Scheduled Release for August 2016Click here for high-resolution version

CHARLOTTE, NC--(Marketwired - July 06, 2016) - Life Clips®, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life's moments, announces that the company has developed a new HD 360° action camera with a scheduled release for August 2016.

Bob Gruder CEO of Life Clips® said,"360 degree cameras capture everything around you. When you get to the summit of that mountain, when you finish that marathon or how about that celebration with all your family and friends, sometimes a regular snapshot doesn't do the moment justice. How about a 360° virtual-reality selfie? Life Clips is all about sharing life's moments in the best ways possible while keeping your devices charged up and ready. Our new 360° HD camera enhances our product line by offering cutting edge technology that will define the future of photography and more importantly the way we capture and share life's moments."

Life Clip's® HD 360° action camera is 16MP, includes a free 32GB, MicroUSB, HD out interface, contains a Lithium-ion 1200mAh battery, comes in the following resolutions, 2k @ 30fps, 1140 @ 60/30 fps, 1072 @ 60/30 fps & includes a free waterproof case. Life Clip's® HD 360° action camera is expected to retail for $269.00USD which is roughly 32% cheaper than the "360 Fly." Existing Life Clips accessories will fit this camera & those accessories can be found at www.lifeclips.com.

About Life Clips®, Inc:

Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions. www.LifeClips.com

About Mobeego®

The Mobeego® brand launched in November 2015. Mobeego® is available within 15 different countries and has sold north of 450,000 units. Mobeego®'s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one's mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com.

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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