LIG Assets, Inc. and HQZ Partners, LP to Develop Medical Campus in Mesquite, TX

DALLAS, June 15, 2011 /PRNewswire/ -- LIG Assets, Inc. (OTC: LIGA), a provider of funding and financing for business and real estate projects, announces an agreement with HQZ Partners, LP to fund, develop and jointly own the Peachtree Towne Center Project, an estimated $250 million 60-acre mixed-use medical campus located in Mesquite, Texas. The agreement includes funding to complete Phase One of the four phase project.

The Peachtree Towne Center Project is subject to an Economic Development Agreement from the City of Mesquite, which provides for financial incentives. LIGA, a 50% owner in this project, will file an S-1 Registration Statement with the Securities and Exchange Commission to create a reporting Company on the OTC Bulletin Board in the near future. Jeffrey Love, President and CEO of LIG Assets, Inc., comments, "The Peachtree Towne Center Project allows LIG Assets to deliver a medical complex that is critically needed in the Mesquite area while greatly enhancing shareholder value for LIG Assets, Inc."  

About LIGA

LIG Assets, Inc. (OTCPK: LIGA) focuses on income-producing opportunities in commercial and residential real estate and the overseas oil and gas production sectors. The company acquires, develops and sells real estate properties and investment properties that are currently located throughout the US.  LIG is active in the energy market and is currently focused on international oil and gas exploration and development.  

For additional information, please visit LIG Assets' corporate website: www.ligassetsinc.net

Safe Harbor Statement: This press release contains forward-looking statements that involve risks and uncertainties. The statements of this Summary Overview are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.

CONTACT:  LIG Assets, Inc., 214-760-1000

SOURCE LIG Assets, Inc.