Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Posts Webcast on SecurAct Identify Management System for SaaS and Cloud Computing
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - October 27, 2009) - NuMobile, Inc. (OTCBB : NUBL ) today released an
on-demand Webcast to review SecurAct's Identity Management system for SaaS
and Cloud Computing. NuMobile has announced the signing of a letter of
intent to acquire SecurAct, Inc., located in Sunnyvale, CA, part of Silicon
Valley. A link to the Webcast is now available on both the corporate
website homepage and investor relations page at www.numobileinc.com titled
'NuMobile - SecurAct LOI Webcast.'
SecurAct offers an Identity Management system that allows corporations or
service providers deploying or utilizing SaaS or Cloud Computing to prove
users are who they claim to be, manage where users can go on the network
and when, and control what users can do with protected resources. The
system further provides the convenience of Single Sign On for customers,
partners and workforce, and syncs user accounts between a company's trusted
network and that company's systems in the cloud.
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. NuMobile is building a portfolio of security and software
solutions for the global mobile computing and smartphone market and has
already announced two acquisitions in its aggressive roll-up strategy to
build a portfolio of mobile software solutions. The two acquisitions
involve proprietary technology focused on mobile network security, and 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.
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.