Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Contemplated 3rd Acquisition Anticipated to Boost $20 Million Sales Pipeline
Tuesday, October 27th Webcast Scheduled to Review Anticipated 3rd Acquisition
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - October 22, 2009) - NuMobile, Inc. (OTCBB : NUBL ) is scheduled to
release a Webcast next Tuesday, October 27th to review an anticipated third
acquisition. NuMobile has already announced two acquisitions in its
aggressive roll-up strategy to build a portfolio of mobile software
solutions. The two acquisitions both involve proprietary technology
focused on mobile network security.
NuMobile has announced that it plans to diversify its existing portfolio of
software applications with its third potential acquisition, and the Company
expects a third acquisition to bring existing or pending sales to increase
NuMobile's existing sales pipeline. As a result of recent acquisitions,
the Company has also announced that it anticipates signing its first
substantial contract before the end of 2009 for an estimated $20 million
and $8 million gross margin. A link to the Webcast is scheduled to be
published on the corporate website www.numobileinc.com upon release.
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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.