Contact Information: Contact: NuMobile, Inc. info@numobile.com 214-556-5927
NuMobile, Inc. Expects to Increase Revenue Forecast at End of 3rd Quarter
Increased Revenue Forecast Presented in Webcast Presentation on LOI to Acquire Silicon Valley Technology Firm
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - August 26, 2009) - NuMobile, Inc. (OTCBB : NUBL ) today announced the
Company expects to increase its revenue forecast at the end of the third
quarter. The Company had previously announced a $1 million revenue goal for
its first year of operations. Yesterday, the Company 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.
NuMobile has released a Webcast to further discuss the Company's LOI to
acquire Enhance Network Communication and increased revenue forecast. A
link to the Webcast is available on the corporate Website
(www.numobileinc.com) under Investor Relations titled "NuMobile Next
Acquisition Webcast."
NuMobile has launched a strategy to build a portfolio of security and
software solutions for the mobile computing and smartphone market. In
conjunction with the new business strategy, NuMobile common stock was
reverse split to support a rollup of smartphone and mobile computing
software assets. The current issued and outstanding is approximately 20
million shares. NuMobile has recently announced entering into a three-year
contract to provide mobile Internet services to business travelers in
Southeast Asia. The contract is anticipated to generate $1 million over the
life of the contract. The Company has also notably announced a recent
contract with the National Guard.
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please visit the corporate website at www.numobileinc.com.
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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
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other things, product demand and market competition. You should
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