SOURCE: NuMobile, Inc.

August 04, 2009 09:00 ET

NuMobile, Inc. Presents $1 Million Sales Strategy and Smartphone and Mobile Software Roll-Up Strategy Progress

Suggested $0.10-$0.50 Target Price per Share Discussed in Webcast

CARY, NC--(Marketwire - August 4, 2009) - NuMobile, Inc. (OTCBB: NUBL) has released an on-demand Webcast presenting the Company's sales pipeline anticipated to deliver $1 million in first year revenue. NuMobile has recently launched a new business strategy to build a portfolio of security and software solutions for the mobile computing and smartphone market. In the Webcast, the Company discusses the overall mobility software market opportunity and the Company's first solutions offerings and first contracts. Additionally, the Webcast includes a discussion of the Company's $0.10 suggested fair value target price per share and a review of the anticipated milestone events that could raise the suggested fair value target price per share to $0.50.

Recent Contracts in Healthcare and with the National Guard

NuMobile recently announced a contract with a healthcare software company to pilot a network security monitoring system to support healthcare related security requirements. The healthcare security industry reported revenues of $1.66 billion in 2007 and revenues are expected to reach $5.78 billion in 2014.

NuMobile also recently announced the completion of an initial phase of a contract for the National Guard to deliver an information system for DIACAP security vulnerability assessment and information assurance accreditation.

On-Demand Webcast Released Today

A link to the Webcast is available on the corporate Website (www.numobileinc.com) under Investor Relations titled "NuMobile Sales Pipeline Report Webcast."

NuMobile Information and Email Newsletter

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

"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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