SOURCE: NuMobile, Inc.

September 24, 2009 09:00 ET

NuMobile, Inc. to Update $0.25 PPS Suggested Fair Value Target Pending 2nd Anticipated Acquisition in Exclusive On-Demand Webcast Tomorrow

CARY, NC--(Marketwire - September 24, 2009) - NuMobile, Inc. (OTCBB: NUBL) is scheduled to update shareholders tomorrow in a joint presentation with management of the Company's recent acquisition, Enhance Network Communication, Inc. The presentation is expected to discuss Enhance's network technology and sales plans through 4th quarter and a potential $20 million contract under development that could be executed as early as year-end. Enhance has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network delivered government services.

The presentation is also scheduled to include an update on the Company's second anticipated acquisition and the previously suggested fair value target PPS of $0.25, In conjunction with NuMobilie's aggressive roll-up plan, the Company has recently announced finalizing details to acquire Stonewall Networks, Inc. with an anticipated closing next week. The management of NuMobile and Stonewall Networks have announced completing purchase negations during meetings held this week. The expected acquisition of Stonewall will further expand NuMobile's intellectual property library of smartphone and mobile computing software solutions.

A link to the on-demand Webcast will be posted to the corporate website www.numobileinc.com tomorrow upon release.

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 Stonewall Networks, Inc. (www.stonewallnetworks.com)

Stonewall Networks, Inc. is an IT security product company founded in 2005. The Company's main product, Cornerstone Security Management Platform, provides a total security management vision for enterprises. The Stonewall Networks team is built from IT security and network management experts recognized for their work on management software for many of the world's largest hardware vendors.

About Enhance Network Communication, Inc. (www.enetcom.net)

Enhance is headquartered in Cupertino, California and currently reports approximately $1.2 million in profitable annual revenue. Enhance has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network delivered government services. School districts make up the majority of Enhance's current customer base. Early product testing is currently underway with a new prospective client.

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 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