Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Announces Pilot Smartphone and Mobile Computing Software Project in China
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - September 30, 2009) - NuMobile, Inc. (OTCBB : NUBL ) today announced
entering into a pilot project with a firm in China to trial an innovative
and proprietary security solution. NuMobile recently announced details
regarding a similar trial and a $20 million contract anticipated as early
as year-end following the trial. Earlier this year, NuMobile entered into
a partnership with China Crescent Enterprises, Inc. (OTCBB : CCTR ) to
localize and market NuMobile's solutions in China. The pilot project
announced today is a result of that partnership. NuMobile recently entered
into a similar partnership with Alternet Systems, Inc. (OTCBB : ALYI ) to
localize and market NuMobile solutions in South America. Alternet offers a
wide range of mobile commerce and electronic ticketing payment services and
solutions.
NuMobile is also scheduled to meet in Shanghai with its local partner next
month to prepare for an anticipated upcoming smartphone software solution
project launch. Each project is expected to be a major milestone for the
Company, anticipated to elevate NuMobile's market recognition as a
smartphone and mobile computing solutions provider.
Greenfield Program Presentation this Thursday
NuMobile is scheduled to be featured in an upcoming Greenfield program
presentation this Thursday, October 1. The Greenfield program, which the
Company began participating in this year, has been developed to accelerate
the introduction of new technologies into new markets while improving
return on investment (ROI).
About Alternet Systems (www.alternetsystems.com)
Alternet Systems, Inc. provides: telecommunications services; education and
health-care application software and systems; and electronic transaction
platforms for the mass transportation and utility markets. Alternet
Systems, Inc. is a U.S. corporation headquartered in Miami, Florida.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions for the
global mobile computing and smartphone market. Through a roll-up strategy,
NuMobile plans to acquire and develop mobile computing solutions for a
variety of applications, including mobile banking, for the global
marketplace. The demand for mobile security and software applications is
being driven in large part by the growing number of mobile phone sales into
emerging economies that currently do not have substantial access to the
Internet via desktop computing. Already in North America, the Company has
also forged a partnership in the Chinese market and is developing a plan
for the emerging economies of East Africa. NuMobile is a SEC
fully-reporting public company listed on the Over-the-Counter Bulletin
Board.
"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.