SOURCE: NuMobile, Inc.

NuMobile, Inc.

March 12, 2010 09:05 ET

NuMobile, Inc. to Announce New Updates to Smartphone Strategy, $20 Million 2010 Outlook, $1.6 Million Partner Sale in China and $160 Million Opportunity

CARY, NC--(Marketwire - March 12, 2010) -  NuMobile, Inc. (OTCBB: NUBL) has scheduled a Webcast release for next Tuesday, March 16, 2010 to provide updates on the Company's smartphone strategy and $20 million outlook for 2010. Additionally the Webcast agenda includes a review of NuMobile's participation in a previously announced special purpose Wi-Fi pilot through its Chinese partner who received a $1.6 million purchase order and the related $160 million follow-on contract opportunity subject to the performance of the pilot . The Webcast is also expected to present a major management change and business plan expansion. A link to the Webcast will be published to upon release.

PM 2.0 Beta Test with Fortune 1000 Company

Separately, NuMobile recently announced that the Company has released Policy Manager 2.0 (PM 2.0), the latest version of its software suite allowing companies to set comprehensive security policies for both wired and mobile assets within a company's network. NuMobile is currently Beta testing the latest release of the software at a Fortune 1000 company with an extensive network across the United States, Africa and Asia. Upon successful completion of the Beta testing, the Company anticipates a multi-year contract with the client that could generate from $5 million to $10 million in revenue per year.

About Policy Manager 2.0

NuMobile's PM 2.0, is the latest version of a software suite developed by Stonewall Networks, a company acquired by NuMobile in 2009. PM 2.0 allows companies to set comprehensive security policies for both wired and mobile assets in a company's network. These policies help organizations meet specific regulatory and audit requirements such as PCS, Sarbanes-Oxley, HIPAA, GLBA and FDA. Policy Manager also allows enterprises to audit and enforce corporate-wide security policies in a quick, comprehensive, automated manner. PM 2.0 also allows for managed security, service providers, and large enterprises to gather real-time data needed for both internal asset protection and regulatory auditing and reporting.

NuMobile Information and Email Newsletter

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About NuMobile, Inc. (

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.

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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