Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Reviews Near-Term and Long-Term ROI and Most Active Over-The-Counter Market Performance in Exclusive Webcast Today
Webcast Includes Recap of 3rd Quarter Report and Recent $2.2 Million Increase in Assets
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - December 3, 2009) - NuMobile, Inc. (OTCBB : NUBL ) today posted an
exclusive on-demand shareholder update Webcast that reviews both near-term
and long-term return on investment (ROI) potential and includes an update
of the suggested fair value target price per share. The Webcast also
includes a recap of the 3rd quarter financial report that reflects an
increase in Company assets to $2.2 million for the nine months ending
September 30, 2009.
December Milestone Share Price Increase Potential
The ROI potential is reviewed within a presentation of the over-the-counter
market. The top 100 most actively traded OTCBB securities have an
approximated weighted average share price of $0.02. NuMobile is a
consistent performer on the top 100 most actively traded OTCBB securities
list. Substantial revenue opportunities reviewed in the Webcast and
anticipated to close in December could trigger a milestone share price
increase and return on investment opportunity.
Long-Term Return on Investment Potential
The Webcast also presents the over-the-counter long-term ROI potential as a
function of operational sustainability. An optimistic NuMobile long-term
potential is correspondingly presented as a function of the Company's
recently filed 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 is hosted by the Greenfield Partnership program and is
available here. The Webcast will also be posted to the
NuMobile corporate website homepage and investor relations webpage at www.numobileinc.com soon
and will be titled 'NuMobile Short and Long-Term ROI Update Webcast.'
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.
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
investors can easily, safely and quickly register to receive these email
communications and can safely unsubscribe at any time.
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.