Vuico Secures Series A Financing
Houston, TX – August 24, 2005 -- Vuico, Inc., a mobile software company, announced today that it has closed a preferred equity investment led by Aegis Capital through its Aegis Texas Ventures Fund.
"Vuico is making the lives of mobile users better with its mMarketer™, mSecretary™ and Vuico GoWireless™ products and services, and has become a significant player in the Mobile Marketing and Messaging marketplace. We think these products and services provide compelling solutions for any organization that needs effective mobile communication for its internal and external customers," said Scott Crist, Managing Director of Aegis.
Vuico recently expanded its patent-pending Vuico Mobile Platform™ technology, a mobile software application platform that allows mobile users to communicate quickly and easily with back-office servers and databases, to include voice, fax, text messages and images. These increased capabilities make Vuico a powerful player in the Mobile Marketing and Messaging space. Series A funding will enable the Company to launch a suite of interactive content and voice marketing applications, and improve its current mobile productivity software.
"Our customers are advanced thought leaders in their respective industries. Vuico mobility solutions extend their leadership positions by leveraging the explosion of cell phone adoption and enabling effective mobile communications to their customer base using cell phones. We are thrilled to have such a strong investment from Aegis to help us expand our market presence and better serve our customers,” said Vui Le, president and CEO of Vuico, Inc.
Vuico will use the capital to expand its sales and marketing capabilities, add global distribution channels and increase its infrastructure.
About Aegis Texas Ventures Fund
Aegis Texas Ventures Fund focuses on investing in early to mid-stage Texas companies. The Aegis investment approach is to identify emerging trends within the communications, Internet, media, software and healthcare sectors prior to recognition from the broader marketplace, then to work with the entrepreneurs who have the desire, talent and determination to build a company. For additional information, visit its Web site at http://aegistvf.com
About Vuico, Inc
Vuico, headquartered in Houston, TX, is a global, wireless computing software company enabling customers to use the full capability of today’s mobile cellular devices. Vuico delivers content to a broad array of mobile devices running its GoWireless™ applications anywhere, in real time, at the lowest cost and in a variety of languages. Vuico focuses on continuous innovation to improve the user’s mobile experience and to allow the mobile industry around the world to offer differentiated services to their customers. For more information about Vuico’s products, solutions, and services, visit its Web site at http://www.vuico.com.
Houston Technology Center (HTC) is a business accelerator that assists Houston-based emerging technology companies in key sectors such as: Energy, Information Technology, Life Sciences, Nanotechnology and NASA-originated technologies. See www.houstontech.org for more information.