VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 5,
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 unit financing for gross proceeds of
$120,000.
Each unit consisted of a one-year 10%
promissory note (each, a "Note") and one common share purchase warrant for each
$1.00 of the principal amount of each Note. Each share purchase warrant will
entitle the holder to purchase one common share at the price of Cdn$0.25 per
share for a period of three years from the closing of the private placement.
Additionally, 42,857 common shares were issued to a finder on the same terms as
noted above.
The shares and warrants issued
pursuant to 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.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.