OnePIN® Closes Series A financing

WESTBOROUGH, MA, December 23, 2005 – OnePIN Inc., provider of innovative wireless collaboration solutions, has closed a multi-million dollar Series A financing. The venture capital funding was provided by FA Technology Ventures and Egan-Managed Capital, both Boston-based firms. Terms were not disclosed.

"OnePIN is developing highly innovate applications that help carriers drive increased voice and data traffic, and pack a high ROI," said Ken Mabbs, partner with FA Technology Ventures, who joined the OnePIN Board of Directors. "The OnePIN management team has the experience and passion to make this company a significant player in the global mobile industry."

"In OnePIN we found a company with deep technical talent, well developed industry relationships, and an entrepreneurial spirit," noted newly appointed board member Michael Shanahan, of Egan-Managed Capital. “They have shown a keen ability to partner with some of the world’s largest mobile operators and suppliers and we are excited about their momentum."

About OnePIN, Inc.
OnePIN web and wireless applications enable subscribers to automatically manage contact information online and across mobile networks and devices. With its patented technology and permission-based applications, OnePIN enables people to keep contact information accurate, up-to-date and accessible anytime, anywhere. OnePIN customers include mobile operators, educational institutions, organizations and corporations around the world. OnePIN is a privately held company headquartered in Westborough, Massachusetts, USA.
www.onepin.com

About FA Technology Ventures
FA Technology Ventures, based in Albany, New York and Boston, Mass., is a leading early stage investor, providing venture capital, management and guidance for companies in the emerging growth sectors of Information Technology and Energy Technology. FATV is committed to helping build tomorrow’s leading companies through its investments. It looks for business ideas with the potential for greatness and experienced, passionate entrepreneurs to execute on them.
www.fatechventures.com

About Egan-Managed Capital
Egan-Managed Capital is a New England-based venture capital firm that provides funding for earlystage high-technology start-ups. Egan-Managed Capital delivers field-tested strategies, first-hand technology expertise and hands-on management involvement. Some of the industry’s most successful start-ups have already been funded by the firm, including Network Engines, Top Layer Networks, Highground Software, and SOFTRAX Corporation. Founded in 1997, the firm currently manages funds with $233 million in committed capital.
www.egancapital.com

For more information please visit www.onepin.com  or email us.

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