MobiTX Closes Initial Round of Financing

(PRWEB) April 22, 2008 -- MobiTX' Free Mobile AirtimeTM initiative has attracted some of Austin's most prominent angel investors to participate in its first round of financing. To receive Free Mobile Airtime, subscribers interact with our advertising partners to reduce or eliminate the out of pocket mobile airtime expenses they, or their families, face every month.

"From our advertising partners' perspective, they have an ever increasing need to reconnect with their customers," said Dave Powell, CEO of MobiTX. "MobiTX today announces the closure of our first round of financing, from prominent Austin area angel investors, to enable delivery of an integrated package of services to ensure that the desired connection is made in a way that benefits all parties."

"MobiTX brings a unique solution to the mobile advertising and marketing marketplaces" said Trey Ikard, President of MobiTX. "Our Transactional Mobile MarketingTM solution provides a unique mechanism for encouraging consumers to interact with the providers of products that they already purchase."

The funds from this round of financing will be used to drive growth of the company, especially the sales and marketing efforts as the company rolls out is solution.

About MobiTX, Inc.:

Providing customers with Free Mobile Airtime is what MobiTX is all about. In doing so, we reconnect our advertising partners with their customers.

With our focus on providing unique solutions for mobile phone subscribers and consumer goods companies, we are actively helping customers across the US eliminate their mobile phone bills, regardless of carrier or service plan. MobiTX is headquartered in Austin, TX. Visit us on the web at www.mobitx.com.

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