SOURCE: NuMobile, Inc.

NuMobile, Inc.

March 09, 2010 10:36 ET

NuMobile, Inc. Presents $20 Million Smartphone and Mobile Computing Sales Plan Today at China Crescent Enterprises, Inc. Conference in Shanghai

CARY, NC--(Marketwire - March 9, 2010) -  NuMobile, Inc. (OTCBB: NUBL) is participating in the China Crescent Enterprises, Inc. (OTCBB: CCTR) Pacific Rim sales conference this week in Shanghai at the Le Royal Meridien Hotel across from Peoples Square. The conference has been organized to provide China Crescent technology partners with the latest information on sales programs and opportunities in China and to forge mutually beneficial partnerships in the Chinese marketplace between high-tech entrepreneurial companies. China Crescent is NuMobile's strategic partner in China and the two companies have formed a partnership to sell, service and market NuMobile's products in China, including its smartphone and mobile computing solutions. Other China Crescent partners participating in the conference include Alternet Systems, Inc. and Nova Energy, Inc. (OTCBB: NVAE). At the conference today, NuMobile presented its 2010 plan to achieve $20 million in revenue from the sale of smartphone and mobile computing software solutions.

Separately, NuMobile announced yesterday that the Company has released Policy Manager 2.0 (PM 2.0), the latest version of its software suite allowing companies to set comprehensive security policies for both wired and mobile assets within a company's network. NuMobile is currently Beta testing the latest release of the software at a Fortune 1000 company with an extensive network across the United States, Africa and Asia. Upon successful completion of the Beta testing, the Company anticipates a multi-year contract with the client that could generate from $5 million to $10 million in revenue per year.

About Policy Manager 2.0

NuMobile's PM 2.0, is the latest version of a software suite developed by Stonewall Networks, a company acquired by NuMobile in 2009. PM 2.0 allows companies to set comprehensive security policies for both wired and mobile assets in a company's network. These policies help organizations meet specific regulatory and audit requirements such as PCS, Sarbanes-Oxley, HIPAA, GLBA and FDA. Policy Manager also allows enterprises to audit and enforce corporate-wide security policies in a quick, comprehensive, automated manner. PM 2.0 also allows for managed security, service providers, and large enterprises to gather real-time data needed for both internal asset protection and regulatory auditing and reporting.

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 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