NuMobile, Inc. SecurAct Agreement Could Trigger Next Milestone PPS Increase
Webcast Released to Review Record Closed and Pending Year to Date Acquisitions and Potential Trigger for PPS Increase Following High Volume Trading at $0.02
CARY, NC--(Marketwire - October 27, 2009) - NuMobile, Inc. (OTCBB: NUBL) today released an
on-demand Webcast to review the Company's pending acquisition of SecurAct,
Inc. and the potential trigger of a milestone price per share increase.
The acquisition would be NuMobile's third this year, and SecurAct would
increase NuMobile's existing $20 million sales pipeline by an additional $5
million. The Webcast presentation includes an overview of SecurAct's
Identity Management system for SaaS and Cloud Computing. The presentation
also includes a discussion of the pending acquisition as a potential
trigger for a milestone PPS increase following the Company's high volume of
trading at $0.02.
A link to the Webcast in now available on both the corporate website
homepage and investor relations page at www.numobileinc.com titled
'NuMobile - SecurAct LOI Webcast.'
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