SOURCE: Keiretsu Forum

September 13, 2005 11:25 ET

Voice Genesis Secures $1 Million in Financing Round Led by Nation's Largest Angel Investor Network Keiretsu Forum

LOS ANGELES, CA -- (MARKET WIRE) -- September 13, 2005 -- Keiretsu Forum, the nation's largest angel investor network, today announced its investment in Voice Genesis, a mobile messaging software company that provides mobile professionals and consumers with fast and easy ways to use email and other forms of messaging when out of the office or away from home. The company's first product, Voice Genesis Vemail, allows users to retrieve and visually review email on a mobile phone and then type or SPEAK responses and new messages anytime, anywhere. On mobile phones, the fastest way to review messages is with one's eyes, and the fastest way to respond or create messages is with one's voice. By being the first product to provide this unique voice/visual combination, Vemail represents a dramatic leap forward in convenient management of email on mass market mobile phones.

Earlier this year VoiceGenesis set out to raise its second angel round in the amount of $500,000. Within just a couple months the round was oversubscribed and was subsequently expanded to $1 million. The Keiretsu Forum led the round with its members investing $850,000.

"The Keiretsu Forum is true to its name, which refers to a Japanese group of collaborative corporations. They believe in actively utilizing their membership to support portfolio companies and have contributed in a significant way to the success of Voice Genesis," explains Mark J. Marriott, Founder and CEO of Voice Genesis. "Even before the initial investment, Keiretsu Forum members were open, accessible and willing to provide mentorship. It really sets them apart." The round provides Marriott with the resources necessary to accelerate product development and dramatically expand the number of mobile phones on which Vemail software will run.

Vemail was designed specifically for mobile professionals and consumers who want the productivity gains and convenience associated with mobile access to email without carrying an extra device or typing messages on a miniature keyboard. It is estimated that most people can speak a message 20 times faster than they can type on a mobile phone keypad, even with predictive text entry. Vemail is available for immediate download on mobile phones from more than 14 carriers, see www.Vemail.com for details. Voice Genesis products are based on its powerful, patent pending VUUM™ messaging server which is designed to handle all message types for all popular devices in all interface modes.

The wireless data industry has experienced phenomenal growth over the past several years and is expected to continue its rapid expansion. Due to this rising trend, Voice Genesis is a highly attractive opportunity for investors. "Voice Genesis successfully captured the interest of many Keiretsu members due to its unique model and broad market appeal," explains John Dilts, President of the Keiretsu Forum Los Angeles and Westlake Village Chapters. "We were very impressed by the Vemail Product, which targets the 180 million cell phone users in the US and more than 1 billion worldwide," says Dilts, who has personally invested in the company.

About Keiretsu Forum

With more than 370 members, Keiretsu Forum is the largest North American angel investor network of capital, resources and deal flow. Keiretsu Forum members are accredited private equity investors, venture capitalists and corporate/institutional investors who invest in high-quality, diverse investment opportunities in emerging technologies, IT and software, life science/healthcare/biotech, real estate, media/entertainment, consumer products and any segment with high-growth opportunity. Since September 2000, Keiretsu Forum members have invested in 69 companies with over $50MM. Keiretsu Forum has established chapters in Southern California (Los Angeles, Westlake Village, Orange County and San Diego), Northern California (San Francisco East Bay, San Francisco and Silicon Valley), Seattle, Boston/New England, Chicago/Midwest, Dallas/Fort Worth and Calgary and Edmonton, Canada. For more information, please visit www.keiretsuforum.com

About VoiceGenesis

Voice Genesis™ is a mobile messaging software company whose products provide mobile professionals and consumers with superior message access and management outside of the office or away from home. The company has created Vemail,™ voice enabled email for mobile phones that is faster and easier to use than other mobile email solutions because you can read, type and SPEAK email messages. Voice Genesis products are based on its powerful, patent pending VUUM™ messaging server which is designed to handle all message types for all popular devices in all interface modes. For more information on Voice Genesis, visit www.VoiceGenesis.com.

Contact Information

  • Contact:
    Keiretsu Forum Los Angeles
    Xenia von Wedel
    Terpin Communications Group
    (415) 595-2030
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