Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Announces Exclusive Webcast to Update Suggested Fair Value Target Price per Share Highlighting Near-Term Return Potential
Thursday, December 3rd Webcast Agenda Includes Recap of 3rd Quarter Report and Recent $2.2 Million Increase in Assets
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - November 30, 2009) - NuMobile, Inc. (OTCBB : NUBL ) today announced an
on-demand Webcast scheduled for Thursday, December 3rd, 2009 to feature an
update of the suggested fair value target price per share highlighting the
near-term return on investment (ROI) potential. The Company recently filed
its 3rd quarter financial report. The report showed a $2.2 million
increase in assets since December 31, 2008. Company CEO Mr. Jim Tilton
recently presented an overview of the Company's financial performance
explaining the increase in assets as a demonstration of the Company's
success in the execution of a new business plan introduced earlier this
year. The Webcast on Thursday will also include a recap of the 3rd quarter
financial report.
NuMobile's Roll-up Strategy to Build a Portfolio of Software Solutions for
Mobile Computing
NuMobile is building a portfolio of software solutions for the global
mobile computing and smartphone market. NuMobile began its roll-up strategy
earlier this year and has acquired two companies with proprietary
technology focused on mobile network security. NuMobile has also recently
announced LOIs to acquire an additional two companies, Kaizen and SecurAct.
Kaizen is an application provider for several markets including SMS, also
known as text messaging, MMS, which involves multimedia messaging, and IVR,
interactive voice response. SecurAct offers identity management solutions
for SaaS and Cloud computing.
A link to the Webcast will be available on the corporate website Investor
Relations page at www.numobileinc.com.
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email alerts,
please visit the corporate website at www.numobileinc.com. Interested
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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.