Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927
NuMobile, Inc. Kicks Off 2010 Chinese Market Plan This Week in Shanghai
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - January 19, 2010) - NuMobile, Inc. (OTCBB : NUBL ) today announced
kicking off its 2010 market development plan in China. NuMobile is
participating in strategic meetings in Shanghai this week to update and
pursue a business development initiative launched last year in China. The
Chinese market development meetings have been coordinated by the NewMarket
Technology, Inc. (PINKSHEETS : NWMT ) Greenfield Partnership Program and are
being hosted at the China Crescent Enterprises, Inc. (OTCBB : CCTR ) offices
in Shanghai. Next week the Greenfield Partnership Program will host a
Southeast Asia 2010 kickoff in Singapore. NewMarket started the Greenfield
Partnership program to accelerate the introduction of new technologies into
emerging markets around the world where technology buying is on the rise,
while improving return on investment (ROI) potential. Greenfield program
participant companies have been chosen to participate in the partnership
program based on their technology and service offerings in conjunction with
the emerging geographic markets in which they operate.
Recent NuMobile Webcast
NuMobile released an on-demand Webcast last week previewing candidate
milestone projects anticipated in 2010. NuMobile has set a 2010 revenue
goal of $20 million. Last year, NuMobile acquired two innovative smartphone
and mobile computing companies and made headway in introducing the acquired
companies into the growing smartphone and mobile computing markets in
China, South America and Africa. The Webcast also included an update on the
Company's business development with China Crescent. A link to the on-demand
Webcast is available on the NuMobile corporate website www.numobileinc.com
and is titled 'NuMobile Milestone ROI Potential Webcast.'
Virtual Town Hall
As a Greenfield Program participant, NuMobile is scheduled to be featured
in the upcoming NewMarket Virtual Town Hall scheduled for January 22, 2010.
The Town Hall is scheduled to include further information on the Greenfield
Partner Program and its participants.
NuMobile is also scheduled to release its own 2009 Virtual Town Hall on
January 29, 2010. The Virtual Town Hall agenda includes a review of the
Company's 2009 results and preview of the Company's plans for the year
ahead, including the Company's 2010 $20 million revenue objective.
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 NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket is a reporting company with audited financial reports filed with
the SEC. NewMarket provides systems integration, technology infrastructure
services and emerging technology worldwide. NewMarket has a focus on
providing technology and support services to rapidly growing economies
where technology purchasing is on the rise. In addition to its base of
operations in North America, NewMarket has operations today in the growing
economies of China, Southeast Asia, Brazil and Northern Latin America. Last
year the Company reported over $40 million in revenue from Asia and over
$20 million in revenue from Latin America. Overall, NewMarket reported over
$95 million in revenue for 2008.
Across the globe, NewMarket is a Microsoft and Oracle partner, distributes
various computer hardware and peripherals from brand partners such as Dell,
HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized
reseller of operating systems and various software from companies such as
Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company
works with emerging technologies such as mobile computing, various security
and wireless broadband technologies. NewMarket's rapid growth since 2002
has placed the Company on the Deloitte Technology Fast 500 for 5
consecutive years. NewMarket was recognized as the third fastest growing
technology company in the United States in 2006 and the number one fastest
growing technology company in North Texas for two years in a row.
About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent Enterprises, Inc. reported over $40 million in profitable
revenue in 2008. The Company is a technology leader in the rapidly
developing Chinese market specializing today in software engineering, high
quality software development and digital multimedia outsourcing services
delivered to customers globally. At the same time, the firm is a systems
integrator and value added reseller of major global hardware brands in the
Chinese domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, China
Crescent bridges the gap between Western and Eastern business cultures to
assist Western clients in realizing the advantages of the high quality, low
cost technology products and services available from China. China Crescent
also assists Western clients in localizing products and services to realize
the tremendous growth potential available by expanding into the Chinese
Market.
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.