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Voice Mobility International, Inc.: Voice Mobility Closes Financing


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Published in Science and Technology on Monday, June 8th 2009 at 15:04 GMT, Last Modified on 2009-06-08 15:05:07 by Market Wire   Print publication without navigation


VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 8, 2009) - Voice Mobility International, Inc. (TSX:VMY)(OTCBB:VMII)(FRANKFURT:VMY), a Vancouver based developer and provider of carrier and enterprise unified communication solutions, today announced it has closed a non-brokered private placement of 5,000,000 units at a purchase price of Cdn$0.10 per unit for aggregate gross proceeds to the Company of Cdn$500,000.

Each unit consists of one common share in the capital of the Company and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase one common share at the price of Cdn$0.20 per share for a period of three years from the closing of the private placement. Additionally, 446,000 finders' units were issued with each unit consisting of one common share and one share purchase warrant and each share purchase warrant having the same terms as set out above.

The shares and warrants issued in this private placement have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of the Securities Act of 1933.

About Voice Mobility, Inc.

Voice Mobility develops and markets its unified communications product line to enterprise, campus and hosted customers. Our product line includes highly scalable Voicemail, Unified Communication, Fax Service, Interactive Voice Response, and Auto-Attendant applications, as well as unique features like Emergency Event Notification, Mobile Client functionality, Presence, Speech applications and Desktop integration with industry leading software providers. For more information, visit [ www.voicemobility.com ].



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