SOURCE: NuMobile

NuMobile

March 23, 2010 14:45 ET

NuMobile Inc. Begins In-House Development of Smartphone Solution for Healthcare Industry

CARY, NC--(Marketwire - March 23, 2010) -  NuMobile, Inc. (OTCBB: NUBL) today released an on-demand Webcast reviewing the Company's plans for organic expansion through the in-house development of a smartphone solution for the Healthcare industry. The Webcast is conducted by NuMobile acting CEO David Lee, a hands-on technology entrepreneur with wireless industry and senior management experience. Additionally, the Webcast provides an overview of the Company's updated and expanded business plan, reverse security and transaction security assets and merger and acquisition pipeline. NuMobile 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 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. A link to the NuMobile Webcast titled 'NuMobile Strategic Update Webcast' is available at www.numobileinc.com or directly at http://www.numobileinc.com/wcdl_3_23_10.html.

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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