Tuesday, July 11, 2006

Cellfire Secures $10 Million Series B Led by Menlo Ventures

"Cellfire Inc. announced today that it has secured $10 million in Series B funding led by Menlo Ventures, one of Silicon Valley's leading venture capital partnerships. The Company
will tap this new financing to drive continued growth in the mobile marketing arena for its critically acclaimed mobile coupon service."

Cellfire(TM) is a free downloadable application that provides valuable coupons from a host of local and national retailers within the user's geographic region. It is the only mobile coupon service available today that provides money-saving deals for some of the most popular national venues. Current offers include rent-one-get-one-free from Hollywood Video,
a free appetizer at T.G.I. Friday's, as well as numerous discounts from retailers such as 1-800-flowers, Carlson Travel and other local retailers.

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