SOURCE: NuMobile, Inc.

NuMobile, Inc.

October 29, 2009 09:58 ET

NuMobile, Inc. Contemplated 4th Acquisition Anticipated to Expand Proprietary Technology Portfolio and Increase $20 Million Sales Pipeline

CARY, NC--(Marketwire - October 29, 2009) - NuMobile, Inc. (OTCBB: NUBL) today announced an anticipated fourth acquisition in its aggressive roll-up strategy to build a portfolio of mobile software solutions. NuMobile has already announced two acquisitions and a letter of intent for a third acquisition. The two acquisitions involve proprietary technology focused on mobile network security and the potential third acquisition offers identity management solutions for SaaS and Cloud computing. A Webcast is currently available providing more information on the contemplated third acquisition at www.numobileinc.com titled 'NuMobile - SecurAct LOI Webcast.'

NuMobile plans to further diversify its existing portfolio of software applications with its fourth potential acquisition and expects the fourth acquisition to further increase the Company's sales pipeline. NuMobile is expected to release additional information on the potential fourth acquisition soon.

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. The recently announced potential third acquisition is anticipated to increase NuMobile's existing $20 million sales pipeline by an additional $5 million.

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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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