NuMobile, Inc. Announces Shanghai Meetings on Smartphone and Mobile Computing Software Launch in China
CARY, NC--(Marketwire - October 13, 2009) - NuMobile, Inc. (OTCBB: NUBL) today announced the
Company is conducting key meetings in Shanghai this week with its strategic
partner in the Chinese market on a smartphone and mobile computing software
solution launch in China. Last month, NuMobile announced its first pilot
project in the Chinese market and, earlier this month, the Company
announced an E-Commerce expansion in China to diversify and increase market
opportunities to penetrate the smartphone and mobile computing market in
China. NuMobile's strategic partner in the Chinese market is China Crescent
Enterprises, Inc., a systems integration service provider in China that
sells and services brand name technologies such as Microsoft, Oracle,
Cisco, IBM, HP and Dell in addition to selling and servicing innovative new
technologies.
NuMobile is a smartphone and mobile computing software company growing
through a roll-up strategy to build a portfolio of mobile software
solutions. NuMobile has recently announced closing acquisitions of two
software companies with proprietary technology focused on mobile network
security. As a result of existing acquisitions, NuMobile anticipates
signing its first substantial contract before the end of 2009 for an
estimated $20 million and $8 million gross margin. Additionally, NuMobile
has announced an anticipated third acquisition involving a commercial
software application distributed across a mobile phone network. A letter of
intent is pending and anticipated shortly.
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 Latin America and 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.
Contact Information: Contact:
NuMobile, Inc.
Investor Relations
214-556-5927
ir@numobileinc.com