SOURCE: NuMobile, Inc.

NuMobile, Inc.

October 21, 2009 14:20 ET

NuMobile, Inc. Heads Back to Kenya on Trade Mission Joined by Former Dallas Federal Reserve Chairman Hugh G. Robinson

CARY, NC--(Marketwire - October 21, 2009) - Earlier this month, NuMobile, Inc. (OTCBB: NUBL) was in Nairobi, Kenya to kickoff regional operations and to prepare for the Trade Mission slated to begin next week. Today, the Company has announced that board member and former Chairman of the Dallas Federal Reserve, Retired Major General Hugh G. Robinson, will join the Trade Mission to Kenya. The Trade Mission will embark on October 26th and will focus on technology opportunities in Kenya. NuMobile is joining China Crescent Enterprises, Inc. on the Trade Mission. China Crescent is a technology service provider and systems integrator in China that has targeted Kenya as its next foreign market expansion opportunity. The Companies have partnered to sell and service NuMobile's smartphone and mobile computing solutions in China and to jointly pursue opportunities in Kenya and East Africa.

Eyes to Africa as Next Emerging Market for Technology and Telecommunications Infrastructure Growth

The rising market in Africa for mobile phones and supporting applications and infrastructure have been making headlines lately. In its printed edition on October 5th, the New York Times featured an article on Africa having "the fastest-growing mobile phone market worldwide" titled "In Rural Africa, a Fertile Market for Mobile Phones" (http://www.nytimes.com/2009/10/06/science/06uganda.html?_r=2&ref=world). The September 24th edition of The Economist magazine also focused on Africa in a special report on telecommunications in emerging markets. The special report, titled "The Power of Mobile Money" (http://www.economist.com/opinion/displaystory.cfm?story_id=14505519) is featured on the front cover of the magazine and includes five articles. African mobile voice and data communications are featured throughout the special report. Of particular interest is an article titled "Up, up and Huawei" (http://www.economist.com/specialreports/displaystory.cfm?story_id=14483904 ) about China's telecom leadership in Africa and "Beyond Voice" (http://www.economist.com/specialreports/displaystory.cfm?story_id=14483848) which explores the use of mobile applications in Africa.

In addition to the growing market for mobile phones in Africa, broadband adoption on the continent is also expected to experience 28% growth annually through 2013 as undersea cables come online. The expanded capacity for broadband is expected to reduce costs by nearly 75%, making broadband affordable to end-users. A recent report by Pyramid Research stated, "By early 2011, we expect that more than half of all African markets will have 3G, while broadband coverage is increasing daily via both wireless and wireline technologies."

Correspondingly, the need for technology infrastructure products and services is expected to grow in the region. As the region's technology needs and mobility use increase, China Crescent and NuMobile plan to be well positioned to offer both the technology infrastructure needed as well as the latest smartphone and mobile computing technologies.

NuMobile Strategic Update Webcast Available Online

NuMobile is a smartphone and mobile computing software company growing through a roll-up strategy to build a portfolio of mobile software solutions, and has recently announced the acquisitions of Stonewall Networks, Inc. and Enhance Network Communication, Inc., software companies with proprietary technology focused on mobile network security. As a result of recent acquisitions, the Company has also announced that it anticipates signing its first substantial contract before the end of 2009 for an estimated $20 million and $8 million gross margin. NuMobile released a Webcast yesterday that reviews the Company's two recent acquisitions and the Company's price per share potential to a suggested fair value target of $0.25 in light of recent business plan progress. The Webcast further reviews a potential third acquisition. A link to the Webcast in available on both the corporate website homepage and investor relations page at www.numobileinc.com titled 'NuMobile Strategic Update Webcast.'

NuMobile Information and Email Newsletter

To learn more about NuMobile and to sign up for company email alerts, please visit the corporate website at www.numobileinc.com.

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.

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