SOURCE: NuMobile, Inc.

NuMobile, Inc.

October 02, 2009 09:15 ET

NuMobile, Inc. Announces 3rd Acquisition in Smartphone and Mobile Computing Roll-Up Anticipated by Year-End

CARY, NC--(Marketwire - October 2, 2009) - NuMobile, Inc. (OTCBB: NUBL) today announced an anticipated third acquisition by year-end which would further expand the Company's portfolio of security and software solutions for the mobile computing and smartphone marketplace. The Company recently announced the acquisition of Enhance Network Communication, Inc. and a corresponding potential $20 million contract. Enhance has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network-delivered government services. Additionally, NuMobile management has been finalizing details to complete the pending acquisition of Stonewall Networks, Inc. Stonewall Networks has developed a proprietary software solution for mobile network security, including an innovative security policy management product for enterprise customers. A Webcast with more detail regarding the Stonewall acquisition will be available on the NuMobile website later today. NuMobile's anticipated third acquisition involves a commercial software application distributed across a mobile phone network. A letter of intent is pending and anticipated shortly.

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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 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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