SOURCE: NuMobile, Inc.

NuMobile, Inc.

October 21, 2010 10:38 ET

(NUBL) NuMobile to Finalize Mobile Wallet Acquisition in November Following Africa Trade Mission

FORT WORTH, TX--(Marketwire - October 21, 2010) -  NuMobile, Inc. (OTCBB: NUBL) incoming CEO David Lee will be in Nairobi, Kenya next week as part of a NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program Trade Mission. During the Trade Mission, incoming CEO Lee intends to finalize details on the planned mobile wallet acquisition the Company expects to close next month. The mobile wallet operation, headquartered in Nairobi, is currently generating approximately $5 million in annual revenue.

UNISDR and East African Trade Mission

The United Nations International Strategy for Disaster Reduction (UNISDR) will join the Trade Mission next week in Nairobi, Kenya. UNISDR is joining the Trade Mission for 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.

Progress Update Webcast Tomorrow

A Greenfield partners Webcast is scheduled for tomorrow, October 22nd to provide a progress report update on the program and participant companies NuMobile as well as the Company's regional partners Savanna East Africa, Inc. (PINKSHEETS: NVAE)(OTCQB: NVAE) and China Crescent Enterprises, Inc. (OTCBB: CCTR). Additionally, the Webcast will provide a preview of the program's Trade Mission to East Africa next week.

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 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 the mobile wallet operation in East Africa.

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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