FUNfinder's Board of Directors today announced that the majority of shareholders have approved its merger with Lion Capital Holdings, Inc. (OTCBB: LCHL) ("Lion"). The majority shareholder of Lion has agreed to endorse the transaction. Under the agreement, FUNfinder will become a subsidiary of Lion and DeFi, Inc., and its management team will remain in place to provide expertise and strength to forward-looking business.

FUNfinder was founded to translate the technology of global positioning systems into interactive consumer-friendly guides for a variety of leisure and travel activities. The patent pending technology has been successfully rolled out at SeaWorld, the Phoenix Zoo, and several ski areas across the U.S.

"FUNfinder has created a GPS-enabled solution that enhances the tourist and entertainment experience, and the merger with Lion and DeFi speeds our ability to deliver fun, interactive downloadable GPS consumer experiences," said Rich Chanick, founder of FUNfinder.

This announcement follows on the heels of the merger announcement between Lion and DeFi Mobile Ltd.â„¢, a leading global network and software company specializing in voice, data and media rich applications. The DeFi Global Network provides worldwide mobile phone and broadband data access to customers and corporate partners using WiFi and traditional cellular service.

"The acquisition of FUNfinder is just another piece of the exciting puzzle we are building," said Jeff Rice, CEO and co-founder of DeFi. "The innovative DeFi Network integrated with the GPS-enabled technology that FUNfinder has developed offers a wealth of innovative possibilities that we're currently exploring. Look for some big announcements regarding this integration in the near future."