SOURCE: NuMobile, Inc.

NuMobile, Inc.

October 19, 2010 09:34 ET

(NUBL) NuMobile $20 Million Annual Revenue Objective and Slated Acquisition in Africa to Be Featured in Greenfield Partnership Program Webcast This Friday, October 22nd

FORT WORTH, TX--(Marketwire - October 19, 2010) -  NuMobile, Inc. (OTCBB: NUBL) today announced the Company is scheduled to be featured in an upcoming Greenfield Partnership Program Webcast presentation this Friday, October 22. The Webcast agenda includes a progress report update on the Greenfield Partnership Program and participant companies such as NuMobile, as well as a preview of the program's Trade Mission to East Africa next week. Incoming NuMobile CEO David Lee is scheduled to participate in the Trade Mission.

East Africa Trade Mission

The United Nations International Strategy for Disaster Recovery (UNISDR) will join the NewMarket Greenfield Partnership Program and the Small Equity Initiative as the two companies conduct a Trade Mission next week in Nairobi, Kenya intended to stimulate small business investment in high growth potential enterprises. The Friday Webcast will include a preview of the upcoming Trade Mission featuring a pilot program intended to urge private sector innovation and investment aimed at reducing disaster risk.

To learn more about the Private Sector Disaster Reduction Pilot Program announced last week, click on the link: http://tinyurl.com/24o2jbb.

"The Greenfield Partnership Program has gained notable momentum this year," said Philip Verges, Director of the Greenfield Partnership Program. "The UNISDR program is a testament to both the Greenfield Program's progress and potential. The number and variety of Greenfield partner companies is probably greater and broader than many of those familiar with the program are aware. I hope you will join me this Friday to learn more about the Greenfield partner companies you follow and the partner companies you have yet to learn about."

Greenfield Partnership Program Webcast Friday, October 22

NuMobile joined the Greenfield Partnership Program last year to provide the Company access to sales opportunities in high-growth developing economic regions around the world that the Company would not otherwise have access to, including opportunities in the Chinese and East African markets. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.

Last year, NuMobile launched an updated business strategy to build a portfolio of smartphone and mobile computing technologies through an acquisition roll-up strategy and completed acquisitions of Stonewall Networks, Inc. (www.stonewallnetworks.com) and Enhance Network Communication, Inc. (www.enetcom.net). NuMobile recently announced a revenue objective of $20 million in 2011 and signed a letter of intent to acquire a mobile cash operation in East Africa that is currently generating approximately $5 million in annual revenue.

A link to the Webcast will be posted to the NuMobile website www.numobileinc.com and emailed to the corporate opt-in database upon release.

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.

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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