Mobile Posse announced today that it has closed on a significant new round of venture capital investment. I am pleased to have joined my friends in backing Jon Jackson and the team and believe strongly that this young company can innovate in the mobile advertising space creating value for consumers and our investor group.

MOBILE POSSE SECURES $10 MILLION IN VENTURE CAPITAL FUNDING

 Second Round Investors Include Softbank Capital, Court Square Ventures and Columbia Capital

 December 12, 2007 (McLean, VA)