Lions Capital VC Leads George Mobile's Series Seed Round

Online, May 26, 2011 (Newswire.com) - Ray Matthews says "...this is a perfect storm for mobile voip, we have so much momentum pushing Mobile, Internet and Social platforms right now; and, according to the Quigley Report, this is where capital will be flowing for some time."

Analysts predict MVoIP to do to GSM/Cellular what VoIP has done to change residential/office telephony. Mobile VoIP use is forecast to double according Cellular-News.

George Mobile CEO Stephen Duke says "...we are so proud to be aligned with a Venture Capitalist like Ray at such an early stage. He's stickhandling an experienced group of investors around our deal." Duke hopes to expand their reach to Silicon Valley where the Angel investor ecosystem is more mature. "The level of excitement with retail investors is huge right now with respect to Mobile VoIP; and eventually, we'd like to make George accessible to a wider participation" says Duke.

Ray Matthews can be reached at 604 818-7778