SOURCE: NuMobile, Inc.

NuMobile, Inc.

January 26, 2010 09:00 ET

NuMobile, Inc. Announces $30 Million Sales Contract Pipeline to Be Featured in Virtual Town Hall This Friday

CARY, NC--(Marketwire - January 26, 2010) - NuMobile, Inc. (OTCBB: NUBL) is scheduled to release its 2010 Virtual Town Hall this Friday, January 29, 2010. NuMobile is building a portfolio of software solutions for the global mobile computing and smartphone market. The Virtual Town Hall is expected to include a review of the Company's 2009 milestones and a preview of the year ahead, to include further information on each of NuMobile's recent mobile security acquisitions and pending mobile technology acquisitions.

Last year, NuMobile acquired Enhance Network Communication, Inc. Enhance is headquartered in Cupertino, California and has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network-delivered government services. The acquisition agreement includes a performance incentive for the former Enhance shareholders regarding a $20 million contract opportunity for the Company's proprietary technology.

NuMobile also recently kicked off its 2010 market development plan in China and as a result announced that management anticipates a potential $10 million in contracts to be signed in China in 2010. The Enhance opportunity and Chinese sales pipeline are expected to be presented in more detail in the Virtual Town Hall this Friday.

A link to the Virtual Town Hall is scheduled to be published on Friday.

NewMarket Greenfield Partner Program Virtual Town Hall

Last Friday, January 22, 2010, a NuMobile video presentation was featured in NewMarket Technology, Inc.'s (PINKSHEETS: NWMT) Virtual Town Hall featuring its Greenfield Partner Program and other Greenfield Program participant companies. The Greenfield Program is an integral component of NuMobile's plan for rapid growth and NuMobile was the first company to join the Greenfield Program in 2009.

The video presentation, conducted by NuMobile CEO Jim Tilton, included a review of the Company's business strategy and plans for the year ahead. The presentation is available for review at NewMarket Technology, Inc.'s 2010 Virtual Town Hall Webpage at www.newmarkettechnology.com.

NuMobile Information and Email Newsletter

To learn more about NuMobile and to sign up for company email alerts, please visit the corporate website atwww.numobileinc.com.

About NewMarket Technology, Inc. (www.newmarkettechnology.com)

NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies. NewMarket's rapid growth since 2002 has placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.

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