Mobile Tornado Regulatory News (MBT)

26 Oct 2007 11:28

Mobile Tornado Group PLC26 October 2007 Mobile Tornado Group Plc ("Company") Results of Extraordinary General Meeting ("EGM") On 28 September 2007 the Company announced that, conditional on the passing ofthe resolutions to be put to the Company's shareholders at the EGM (the "Resolutions"), it had raised £2.3 million, before expenses, through a placing of12,251,333 ordinary shares in the Company currently held in treasury and18,750,000 Non-Voting Preference Shares (together the "Placing"). The Company would like to announce that at the EGM held today all Resolutionswere duly passed. Following the Placing, the voting capital of the Company consists of 184,431,430ordinary shares of 2 pence each. For further details please contact: Mobile Tornado Group plc Jeremy Fenn, Managing Director Tel: +44 (0) 7734 475888 Blue Oar Securities Plc Romil Patel / Rhod Cruwys Tel: +44 (0)20 7448 4400 Buchanan Communications Charles Ryland / James Strong Tel: +44 (0)20 7466 5000 About Mobile Tornado Group Plc Mobile Tornado is a leading provider of instant communication solutions tomobile operators and enterprises throughout the world. The proprietary IPRS ('Internet Protocol Radio Service') technology platform that has been developedpowers communication sessions which can instantaneously transmit voice, text orother data, and video clips with an easy-to-use, one-click, "push-to" button onthe mobile phone. "Push-To" sessions can occur one-to-one, one-to-many,mobile-to-PC and PC-to-mobile, worldwide. The technology provides a real-timepresence function to ensure users are able to see instantly whether theircontacts are online allowing for more efficient and effective communication.Mobile Tornado sells software licences and services to mobile operators andenterprises worldwide through a number of distribution partners. More information about Mobile Tornado is available at www.mobiletornado.com This information is provided by RNS The company news service from the London Stock Exchange