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NuMobile, Inc.: NuMobile Inc. Announces Greenfield Partnership With NewMarket Technology, Inc.

^{Published on 2009-07-22 07:42:00, Last Modified on 2009-07-22 07:42:12 - Market Wire}
 

CARY, NC--(Marketwire - July 22, 2009) - NuMobile, Inc. (OTCBB: [ NUBL ]) has scheduled an on-demand Webcast for tomorrow, Thursday, July 23. The Webcast presentation will highlight the Company's inclusion in the NewMarket Technology, Inc. (PINKSHEETS: [ NMKT ]) Greenfield Partnership Program. NewMarket, with approximately $100 million in annual sales, launched the program early this year to expand its portfolio of innovative emerging technologies. The Webcast will also include a presentation 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. The Company's recent name change and recapitalization will also be reviewed in the presentation. As a result of the recapitalization, the Company has approximately 18 million common shares issued and outstanding.

A link to the Webcast will be available on the corporate Website on Thursday.

NuMobile announced launching a new business strategy to create a comprehensive and global mobile computing technology business. Over the past year the Company has developed a roll up strategy to build a portfolio of software solutions for the smartphone and mobile computing market. An acquisition campaign is underway and the Company has already signed its first sales contracts toward a $1 million first year revenue objective.

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"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.