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Zfere Reports on Securing $100 Million in Equity Funding
[July 21, 2011]

Zfere Reports on Securing $100 Million in Equity Funding

Jul 21, 2011 (Close-Up Media via COMTEX) -- Zfere Holdings announced that it has secured a $100 million equity facility from Cayman based Equity Partners Funds SPC.

Zfere is an enhanced, converged new media company through subsidiaries in Europe, Asia and North America it designs, develops, and implements viable technologies for social media, social commerce, marketing, and Mobile Payment systems.

"This funding agreement enables the company to dynamically respond to market activities as well as provides the ability to deploy new technologies markedly ahead of schedule," said Zfere Chairman Steve Vanderbol. "We are happy that Equity Partners Fund is committed to meet the funding needs of Zfere." Equity Partners Fund focuses on equity investments in public companies with market capitalizations under $1 billion, as well as private companies that will be listed on a securities exchange within six months of a funding commitment. The fund will invest in all sectors including infrastructure, manufacturing, construction, mining, communications, healthcare and finance.

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