SOURCE: NuMobile, Inc.

NuMobile, Inc.

February 16, 2010 09:08 ET

NuMobile, Inc. Announces Exclusive Webcast Update on $20 Million Contract and $160 Million Chinese ODM Project

CARY, NC--(Marketwire - February 16, 2010) - NuMobile, Inc. (OTCBB: NUBL) today released an exclusive on-demand Webcast to review a letter of intent executed in conjunction with an anticipated $20 million contract. The anticipated contract has been under development since the fourth quarter of 2009. The Webcast also reviews NuMobile's recent selection to provide key technology in a $160 million original design manufacturing (ODM) project opportunity in China.

A link to the on-demand Webcast is available on the NuMobile corporate website www.numobileinc.com and is titled 'Greenfield $160 M Project & $20 M Contract Update Webcast.'

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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.

Contact Information

  • Contact:
    NuMobile, Inc.
    Investor Relations
    214-556-5927