Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. to Be Featured in Presentation Focused on Emerging Market Growth With Emerging Market Index up 60%
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - September 30, 2009) - NuMobile, Inc. (OTCBB : NUBL ) is scheduled to be
featured in a Greenfield program presentation tomorrow, October 1. The
Greenfield program has been developed to accelerate the introduction of new
technologies into emerging markets around the world where technology buying
is on the rise, while improving return on investment (ROI) potential.
NuMobile has been participating in the Greenfield program this year with
recently announced partnerships to enter the emerging markets of China,
East Africa and Latin America.
NuMobile is building a portfolio of security and software solutions for the
global mobile computing and smartphone market and has completed the
acquisition of Enhance Network Communication, Inc. Enhance has developed a
proprietary large enterprise network security technology designed for
managing the unique information management requirements of network
delivered government services. Additionally, NuMobile expects to complete
the acquisition of Stonewall Networks, Inc. this week to further expand the
Company's intellectual property library of smartphone and mobile computing
software solutions.
Earlier this week, the Wall Street Journal published an article titled,
'''Emerging' Stock Markets Are Looking Better." According to the article,
nations outside of the U.S. and developed Europe, which now comprise nearly
half of the global gross domestic product, are being viewed in a different
light since the financial crisis. The recent financial crisis, coupled with
the low predictions of growth in developed nations, has given new
appreciation to the potential growth in emerging economies. The article
also notes the strong performance of emerging market stocks this year
stating, "The widely followed MSCI Emerging Market index, which tracks
emerging-markets shares, is up 60% this year, compared with a gain of 10%
for the Dow Jones Industrial Average. (The Dow fell 1.6% last week.)"
The article can be found in its entirety at:
http://online.wsj.com/article/SB125399713181243611.html?mod=WSJ_hpp_sections_personalfinance.
A link to the presentation is scheduled to be available on the Company's
website www.numobileinc.com tomorrow.
NuMobile Information and Email Newsletter
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please visit the corporate website at www.numobileinc.com.
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.