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NuMobile, Inc.: NuMobile, Inc. Highlights Expansion Plans in China With $40 Million Channel Partner in Exclusive Webcast Review

^{Published on 2009-07-23 06:10:19, Last Modified on 2009-07-23 06:10:26 - Market Wire}
 

CARY, NC--(Marketwire - July 23, 2009) - NuMobile, Inc. (OTCBB: [ NUBL ]) has released an exclusive on-demand Webcast that reviews the Company's recent inclusion in the NewMarket Technology, Inc. (PINKSHEETS: [ NMKT ]) Greenfield Partnership Program. The Webcast also includes a review of recent Company events including the appointment of Retired Major General Hugh G. Robinson, former Chairman of the Dallas Federal Reserve, to the Board of Directors and a National Guard project. Finally, the Webcast reviews the Company's recent name change, recapitalization, 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. As a result of the recapitalization, the Company has approximately 18 million common shares issued and outstanding.

A link to the Webcast is available on the corporate Website ([ www.numobileinc.com ]) under Investor Relations titled "NuMobile Mobility Software Rollup Strategy Webcast."

NuMobile Mobility Software Business Strategy

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.

Corporate Email Newsletter

To be added to NuMobile's e-mail database to receive company updates, please visit the corporate website and click on 'Sign Up for our Email Newsletter.'

"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.