Philadelphia, Pennsylvania (PressExposure) August 25, 2008 -- Kpoyea Investments, a technology investment firm located in Philadelphia, PA, announced it's plans today to invest 18 million dollars in US mobile ventures and start-ups over the next 12 months. The firm is a privately held entity started by father and son team comprised of insurance magnate Moses Kpoyea and technology maven Moses Johnson.
The two have teamed up to lend their years of experience and assets to assist new mobile start-ups in entering the fast growing billion dollar mobile industry, and have plans to later expand to fund local entrepreneurial efforts in Liberia and other West African countries.
Those who know Johnson classify him as a visionary genius who's intuition has constantly put him a step ahead of the industry trends in mobile, software, and web technologies. In recent years, Johnson has applied his vision to develop, launch and sell cutting edge digital products. His company was the first to bring music and video application to the PlayStation Portable device when it was first released in 2005. The company and it's assets were soon acquired, as was Johnson's earlier company which had developed and released some of the first tabbed web browsers and multi-platform instant messengers before companies like Mozilla and Skype ever hit the market. Johnson has spent the last 2 years licensing CM3 (http://cornerspace.com), a platform for creating HD iPhone style skinned mobile applications for J2ME devices. He has registered 8 patents in the last 4 years covering streaming mobile, WiMax and IPV6 technologies, and a synchronized broadcast system for mobile devices and social television networks.
The company will be developing several new partnerships in the next year to proliferate the spread of new mobile technologies internationally and say they hope to play a role in pushing US companies to aspire to compete on an global level and speed the rate at which new software is conceptualized and brought to market.