SOURCE: NuMobile, Inc.

August 26, 2009 09:30 ET

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

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 ( 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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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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