SOURCE: NuMobile, Inc.

NuMobile, Inc.

October 23, 2009 14:15 ET

NuMobile, Inc. Announces Letter of Intent to Acquire SecurAct, Inc. to Add Identity Management Software to Growing Portfolio of Smartphone and Mobile Computing Solutions

CARY, NC--(Marketwire - October 23, 2009) - NuMobile, Inc. (OTCBB: NUBL) has announced the signing of a letter of intent to acquire SecurAct, Inc., located in Sunnyvale, CA. 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.

This contemplated acquisition would be NuMobile's third this year. 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 both 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 is scheduled to release a Webcast next Tuesday, October 27th, to review SecurAct. A link to the Webcast is scheduled to be published on the corporate website www.numobileinc.com upon release.

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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.

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