October 09, 2009 09:00 ET

NuMobile, Inc. Closes 2nd Acquisition and Validates Potential $0.25 PPS Suggested Fair Value Target

CARY, NC--(Marketwire - October 9, 2009) - NuMobile, Inc. (OTCBB: NUBL) today announced closing the acquisition of Stonewall Networks, Inc. (www.stonewallnetworks.com). NuMobile is building a portfolio of security and software solutions for the mobile computing and smartphone market. Products from Stonewall Networks will provide a security backbone for the Company's mobile solutions strategy. Stonewall Networks has developed a proprietary software solution for mobile network security, including an innovative security policy management product for enterprise customers.

The Company also recently announced the acquisition of Enhance Network Communication, Inc. and a corresponding potential $20 million contract. Enhance has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network-delivered government services.

Additionally, NuMobile has announced an anticipated third acquisition involving a commercial software application distributed across a mobile phone network. A letter of intent is pending and anticipated shortly.

The acquisition today is one of a number of milestone events the Company has previously discussed as milestone validations of the previously announced $0.25 suggested fair value target price per share.

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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 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.

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