SOURCE: NuMobile, Inc.

NuMobile, Inc.

March 22, 2010 09:26 ET

NuMobile, Inc. Announces Upcoming Financial Report Preview One Year After Introducing Smartphone and Mobile Computing Business Strategy

CARY, NC--(Marketwire - March 22, 2010) -  NuMobile, Inc. (OTCBB: NUBL) is scheduled to be featured in a NewMarket Technology, Inc. (PINKSHEETS: NWMT) Greenfield Partnership Program Webcast Thursday, March 25th to provide an update on program milestones and to preview the Company's upcoming financial report for fiscal year 2009. NuMobile is building a portfolio of software solutions for the global mobile computing and smartphone market and was the first company to join the Greenfield program last year. NewMarket founded the Greenfield program to accelerate and support the introduction of new and emerging technology innovations into growing global economic markets. A link to the on-demand Webcast will be posted to the NewMarket corporate website (www.newmarkettechnology.com) upon release Thursday.

Separately, acting CEO David Lee is set to present an updated corporate vision and expanded business plan in a NuMobile corporate Webcast tomorrow, Tuesday, March 23rd. The Company has set a $20 million revenue target for 2010 and the expanded business plan is expected to enhance the Company's potential to meet or exceed the $20 million revenue target. Mr. Lee is an experienced, hands-on technology entrepreneur with wireless industry and senior management experience. He was introduced last week as the acting Chief Executive Officer to be inducted as the official Chief Executive Officer following the Company's upcoming annual financial report. 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 NuMobile Webcast will be made available at www.numobileinc.com upon release and emailed to the corporate opt-in email database.

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.

Contact Information

  • Contact:

    NuMobile, Inc.
    Investor Relations
    214-556-5927