SOURCE: NuMobile, Inc.

September 15, 2009 09:47 ET

NuMobile, Inc. to Increase $0.10 Suggested Fair Value Target Price per Share

CARY, NC--(Marketwire - September 15, 2009) - NuMobile, Inc. (OTCBB: NUBL) today announced a corporate Webcast scheduled for release this Friday, September 18th, to present an increased suggested fair value target price per share. The Company has previously published a $0.10 suggested fair value target price per share. The Company anticipates completing the recently announced pending acquisition of Enhance Network Communication, Inc. prior to the scheduled Webcast. Enhance currently has approximately $1.2 million in profitable annual revenue and anticipates closing a $20 million contract with $8 million in gross margin by year end with the contract going into service next year. The increase suggested fair value target price per share will be based on the Enhance acquisition. A link to the Webcast will be posted to the NuMobile website upon release.

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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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