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NuMobile, Inc.: NuMobile, Inc. Announces First Phase Completion of Department of Defense Information System Security Vulnerabil

^{Published on 2009-07-28 06:40:02, Last Modified on 2009-07-28 06:40:15 - Market Wire}
 

CARY, NC--(Marketwire - July 28, 2009) - NuMobile, Inc. (OTCBB: [ NUBL ]) today announced the completion of an initial analysis of a National Guard information system for DIACAP security vulnerability assessment and information assurance accreditation. An inventory of vulnerability mitigation controls has been delivered to the client to support the system's information assurance accreditation. DIACAP is a standardized methodology for evaluating the security posture of Department of Defense (DoD) Information Systems for certification and accreditation (C&A). It is DoD policy that the Department of Defense will certify information systems through an enterprise process for identifying, implementing and managing Information Assurance (IA) capabilities and services.

On June 23, 2009, NuMobile announced a partnership with The Nance Group of North Carolina to provide the certification and accreditation of a National Guard information system. The Nance Group is a Service Disabled Veteran-owned small business and a world-class service organization, comprised of both civilian and former military engineers and recognized as a leader in international consulting services.

A New Business Launch in a Revived and Restructured Old Company

NuMobile is a new business built into an old company. NuMobile has launched a new business strategy to create a comprehensive and global mobile computing technology business. Over the past year, NuMobile 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.

NuMobile Inc. On-Demand Webcast Overview

NuMobile has recently 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. The Webcast provides an overview of the roll-up strategy and highlights the first acquisition. The first acquisition is responsible for the National Guard project updated within this press release. 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 recent recapitalization, the Company has approximately 18 million common shares issued and outstanding. The Webcast is available under Investor Relations on the corporate website [ www.numobileinc.com ].

NuMobile Information and Email Newsletter

To learn more about NuMobile and to sign up for company email updates, please visit the corporate website at [ www.numobileinc.com ].

"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.