SOURCE: NuMobile, Inc.

NuMobile, Inc.

January 05, 2010 09:07 ET

NuMobile, Inc. Looks to Emerging Markets for Rapid Growth With 43% CAGR Expected for Smartphone Market in Brazil

CARY, NC--(Marketwire - January 5, 2010) - NuMobile, Inc. (OTCBB: NUBL) is scheduled to present its 2010 strategy and $20 million revenue target at the NewMarket Technology, Inc. Greenfield Partner Virtual Town Hall on January 22, 2010. More detail on NuMobile's strategy is also scheduled to be presented at the Company's independent Virtual Town Hall on January 29, 2010. Included in the presentations will be the Company's plan to pursue rapid growth in the world's emerging markets. Recently, Business News Americas reported that a senior analyst with Pyramid Research expects the smartphone market in Brazil to grow at a compound annual growth rate (CAGR) of 43% between 2010 and 2014. (*_in_2010-2014_-_Pyramid/168469536). The Pyramid analyst further added, "At Pyramid we believe that Brazil will become one of the fastest growing markets in the smartphone segment on both a global and regional level." BNamericas is a leading source of information on 12 strategic sectors of the Latin American economy serving over 1,300 subscribed multinational companies and 80,000+ registered executives across the region.

NuMobile Information and Email Newsletter

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

About NuMobile, Inc. (

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.


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.

Contact Information