Nomad Completes Initial Investment Round

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Blacksburg, VA, September 9, 2010 – Nomad Mobile Guides, Inc, developer of a software platform for mobile travel guides, today announced the completion of its initial angel investment round.

“This year we established our platform as the easiest way to publish mobile travel guides,” said David Poteet, President of Nomad Mobile Guides, Inc. “This investment enables us to enhance our product, to acquire and publish additional guide titles, and to enter other markets.”

Nomad Mobile Guides published the first National Park Service-approved smart phone guide with the introduction of its Great Smoky Mountains iPhone app. It followed this with the official guide to The Grand Teton National Park, and is currently working on other park titles for publication later this year including Yellowstone National Park. In addition to the national parks, the company has also partnered with Keen Communications and Avalon Travel to publish travel books for mobile.

The angel investment round was led by 460 Angels a seed and early-stage angel investor group focused on funding and coaching hi-tech entrepreneurs with scalable business models based in the New River Valley and Roanoke region of Virginia. As part of this round, Nomad Mobile Guides was selected by DayOne Ventures, an invitation-only seed and early stage investment and mentorship program for technology-based startups, for its enhanced early stage program.

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