Phoenix Interests, Inc. Announces Ticker Symbol Change to PXIT in Initiative to Drive Toward $1 Million in First Year Revenue

LUDLOW, KY--(Marketwire - May 8, 2009) - Phoenix Interests, Inc. (OTCBB: PXIT) today announced that effective immediately the Company's ticker has changed from PXITE to PXIT, reflecting the Company's compliance with SEC regulations. Yesterday, the Company completed and filed its annual report on Form 10-K. A copy of the report is available on www.sec.gov free of charge.

Mobility Computing Business

Earlier this year, Phoenix Interests launched a new business strategy to create a comprehensive and global mobile computing technology business. Recently, the Company announced finalizing the definitive purchase agreement to acquire Stonewall Networks (www.stonewallnetworks.com) as part of this strategy. The Company's mobility roll-up strategy has been developed over the last year, and this acquisition is the first of several planned acquisitions. Products from Stonewall Networks will provide a security backbone for the Company's mobile solutions strategy. Stonewall Networks has developed a proprietary software solution for mobile network security, including an innovative security policy management product for enterprise customers.

Greenfield Program to Improve ROI Potential of Emerging Technology

Additionally, Phoenix Interests has partnered with the Greenfield program. The Greenfield program accelerates the introduction of new technologies into new markets, and the program is designed to improve the return on investment (ROI) potential of emerging technology and emerging market business initiatives. The Company has been featured in a Webcast on the program May 7th. The Webcast is available for review here: http://www.newmarkettechnology.com/webcast_20090507.htm

The Greenfield program and the Stonewall acquisition are anticipated to drive $1 million in first year revenue. The Company plans to conduct a management Webcast next week to provide an overview of the Company's business plan.

Mobile Computing Solutions Worldwide

The demand for mobile software applications is being driven in large part by the growing penetration of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. According to IDC, the worldwide mobile phone market reached a new milestone at the close of 2006 with more than one billion units shipped worldwide over the year.

Name Change to NuMobile

Phoenix Interests has recently announced a planned corporate name change to NuMobile, Inc., to better represent the Company's new strategy to roll-up innovative mobile computing solutions.

Corporate Email Updates

To be added to Phoenix Interests' e-mail database to receive company updates, please send an e-mail to info@pxinterests.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 Phoenix Interests' 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: Contact: Phoenix Interests, Inc. Investor Relations 214-556-5927 info@pxinterests.com