CARY, NC--(Marketwire - February 26, 2010) - NuMobile, Inc. (
Milestone Investment Strategy
The Milestone Investment Strategy is an investment approach developed by Philip Verges, the founder and Chairman of NewMarket Technology to help enhance the return on investment opportunity for self-directed retail investors when investing in early-stage businesses.
Greenfield Partnership Program
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.
Earlier this week, a Greenfield Partner update Webcast was released. The Webcast titled 'Greenfield Partnership Program Update Webcast' is available for review at http://www.newmarkettechnology.com/wcgf_20100223.htm.
NewMarket Technology, Inc. 'Buy' Recommendation and $1.47 Target PPS
This week, an analyst report on NewMarket Technology was published with a 'buy' rating and a $1.47 target price per share. The independent analyst is a Certified Financial Analyst (CFA) in accordance with the CFA Institute Code of Ethics and Standards for Professional Conduct. The analyst has previously conducted research for a number of Western European and North American financial institutions, including Janney Montgomery Scott.
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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.
Contact Information:
Contact:
NuMobile, Inc.
Investor Relations
214-556-5927