SOURCE: NuMobile, Inc.

NuMobile, Inc.

March 15, 2011 09:52 ET

NuMobile, Inc. (NUBL) Releases Letter to Shareholders From Incoming CEO on Business Plan Progress

FORT WORTH, TX--(Marketwire - March 15, 2011) - NuMobile, Inc. (OTCQB: NUBL) today released a letter to shareholders from incoming CEO David Lee reviewing the Company's progress since announcing an updated business plan, including an update on acquisitions and organic development to-date. Additionally, the letter provides a brief discussion of the over-the-counter market and upcoming scheduled publication of the Company's 2010 financial performance results. A Webcast is planned for this Thursday, March 17 to review the topics touched on in today's letter. A link to the Webcast will be made available on NuMobile's corporate website, www.numobileinc.com, upon release. The letter is included in its entirety below.

Dear Shareholders -

NuMobile has made good progress in 2010 further developing its refreshed business plan introduced in 2009. The Company acquired two proprietary mobile technologies and entered into the organic development of two strategic mobile solutions. NuMobile also continues to develop additional acquisition opportunities to further expand the Company's portfolio of Smartphone and mobile computing solutions. Revenue has not ramped up as quickly as we had hoped, and the price per share range requires shareholders to consider investment strategies suited for sub-penny stocks quoted on over-the-counter market. On Thursday, I will conduct a Webcast to provide updates on the Company's progress in 2010 and our evolving strategy to develop a portfolio of Smartphone and mobile computing solutions.

Stonewall and Enhance

Stonewall and Enhance are NuMobile's first two acquisitions. Both companies are early stage with minimal revenues at this time. The minimal sales result from early trials of the proprietary technologies. We are reviewing the progress of each to-date and updating our go- forward plans accordingly. Listen to my Webcast later this week for further information.

Organic Development

NuMobile is participating in the development of a wireless network in East Africa to help manage metering of the delivery of utilities. The project is in a pilot stage at this time. NuMobile is also participating in the pilot of a proprietary Wi-Fi solution in Asia. This particular pilot and developing opportunity has recently sparked conversations regarding a possible acquisition in China. This could be an exciting opportunity for NuMobile and I look forward to sharing more in my Webcast Thursday.

Over-The-Counter Market

The over-the-counter (OTC) market has undergone some dramatic changes over the past two years and continues to experience substantial changes. It is important for the Company, and for the shareholders, to be aware of the changes. In the Thursday Webcast, I will highlight some of the market changes I believe are significant and provide resources where more information can be found.

NuMobile is undergoing an audit of its 2010 performance at this time and the results are expected to be published soon. I expect a number of strategic announcements following the publication of the 2010 results, to include my formal installation as the Chief Executive Officer. At the moment I continue as the incoming CEO. I will further discuss my current and future role with NuMobile in the Webcast this Thursday. I hope you will take time to come to the Company's website after the Webcast is posted and hear more about NuMobile.

Thank you,

David Lee
Incoming CEO

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 (OTCQB: NUBL) (PINKSHEETS: NUBL) 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 trading on the OTC Markets Group, Inc.'s OTCQB market tier.

"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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