Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927
NuMobile, Inc. Announces Exclusive Webcast Update on $20 Million Contract and $160 Million Chinese ODM Project
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - February 16, 2010) - NuMobile, Inc. (OTCBB : NUBL ) today released an
exclusive on-demand Webcast to review a letter of intent executed in
conjunction with an anticipated $20 million contract. The anticipated
contract has been under development since the fourth quarter of 2009. The
Webcast also reviews NuMobile's recent selection to provide key technology
in a $160 million original design manufacturing (ODM) project opportunity
in China.
A link to the on-demand Webcast is available on the NuMobile corporate
website www.numobileinc.com and is titled 'Greenfield $160 M Project & $20
M Contract Update Webcast.'
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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.