SOURCE: NuMobile, Inc.

NuMobile, Inc.

March 16, 2010 10:08 ET

NuMobile, Inc. Announces Senior Management Reorganization and Business Strategy Expansion in Advance of Upcoming Milestone Annual Report

CARY, NC--(Marketwire - March 16, 2010) -  NuMobile, Inc. (OTCBB: NUBL) today released an exclusive Webcast to present a senior management reorganization and business strategy expansion plan. Mr. David Lee, an experienced hands-on technology entrepreneur with wireless industry expertise and senior management experience, is introduced in the Webcast as the acting Chief Executive Officer to be inducted as the official Chief Executive Officer following the upcoming annual financial report. The Company's current Chief Executive Officer, Mr. James Tilton, will remain in a strategic senior management position and as an officer of NuMobile, in addition to expanding his role within the NewMarket Technology, Inc. Greenfield Partnership Program. The Webcast also includes the introduction of a new industry NuMobile plans to enter with its smartphone and mobile computing strategy. In addition to coming on board as the Chief Executive Officer, Mr. Lee is expected to expand the NuMobile business plan organically into the Healthcare Industry.

A link to the on-demand Webcast is available on the NuMobile corporate website www.numobileinc.com and is titled 'Management Reorganization and Business Plan Expansion 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