SOURCE: NuMobile, Inc.

September 11, 2009 09:00 ET

NuMobile, Inc. Anticipated $20 Million Contract With Expected $8 Million Gross Margin Featured in Webcast With Overview of $0.10 Suggested Fair Value Target PPS

CARY, NC--(Marketwire - September 11, 2009) - NuMobile, Inc. (OTCBB: NUBL) today released an exclusive Webcast discussing the Company's rollup acquisition strategy, organic sales progress and recently announced letter of intent (LOI) with Enhance Network Communication, Inc. The review of the Enhance opportunity includes an overview of an anticipated $20 million contract for Enhance's proprietary technology. The anticipated $20 million contract, with expected $8 million gross margin, is to be included as a performance condition within the acquisition agreement between NuMobile and Enhance. A link to the Webcast is available on the corporate Website under Investor Relations titled "NuMobile Rollup Strategy Update Webcast."

LOI with Enhance Network Communication

NuMobile is building a portfolio of security and software solutions for the mobile computing and smartphone market. The Company has recently announced entering into a letter of intent to acquire Enhance Network Communication, Inc. Enhance is headquartered in Cupertino, California and currently reports approximately $1.2 million in profitable annual revenue. Enhance has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network delivered government services. School districts make up the majority of Enhance's current customer base. Early product testing is currently underway with a new prospective client that could result in a major contract by year-end.

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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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