Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Presents $1 Million Sales Strategy and Smartphone and Mobile Software Roll-Up Strategy Progress
Suggested $0.10-$0.50 Target Price per Share Discussed in Webcast
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - August 4, 2009) - NuMobile, Inc. (OTCBB : NUBL ) has released an
on-demand Webcast presenting the Company's sales pipeline anticipated to
deliver $1 million in first year revenue. NuMobile has recently launched a
new business strategy to build a portfolio of security and software
solutions for the mobile computing and smartphone market. In the Webcast,
the Company discusses the overall mobility software market opportunity and
the Company's first solutions offerings and first contracts. Additionally,
the Webcast includes a discussion of the Company's $0.10 suggested fair
value target price per share and a review of the anticipated milestone
events that could raise the suggested fair value target price per share to
$0.50.
Recent Contracts in Healthcare and with the National Guard
NuMobile recently announced a contract with a healthcare software company
to pilot a network security monitoring system to support healthcare related
security requirements. The healthcare security industry reported revenues
of $1.66 billion in 2007 and revenues are expected to reach $5.78 billion
in 2014.
NuMobile also recently announced the completion of an initial phase of a
contract for the National Guard to deliver an information system for DIACAP
security vulnerability assessment and information assurance accreditation.
On-Demand Webcast Released Today
A link to the Webcast is available on the corporate Website
(www.numobileinc.com) under Investor Relations titled "NuMobile Sales
Pipeline Report Webcast."
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email updates,
please visit the corporate website at www.numobileinc.com.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This press release contains forward-looking statements that involve risks
and uncertainties. The statements in this release are forward-looking
statements that are made pursuant to safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performance could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown
risks and uncertainties, which may cause NuMobile's actual results in
future periods to differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include, among
other things, product demand and market competition. You should
independently investigate and fully understand all risks before making
investment decisions.