Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile Inc. Announces Greenfield Partnership With NewMarket Technology, Inc.
| Source: NuMobile, Inc.
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.