Phoenix Interests, Inc. Announces Name Change to NuMobile, Inc. in Conjunction With Roll-Up Strategy to Build Mobile Computing Solution

LUDLOW, KY--(Marketwire - March 31, 2009) - Phoenix Interests, Inc. (OTCBB: PXIT) today announced a planned corporate name change to NuMobile, Inc. The NuMobile name is intended to better represent the Company's new strategy to roll-up innovative mobile computing solutions. The mobility roll-up strategy has been developed over the last year, and the first of several planned acquisitions is anticipated to be finalized this week.

Binding Letter of Intent to Acquire Stonewall Networks

Last week, the Company announced a binding letter of intent (LOI) to acquire Stonewall Networks. A non-binding letter of intent had previously been announced. The two companies are now finalizing acquisition terms and anticipate finalizing the definitive purchase agreement by April 1, 2009.

Stonewall Networks has developed a proprietary software solution for mobile network security, including an innovative security policy management product for enterprise customers. The Stonewall Networks acquisition is part of a larger Phoenix Interests strategy to create a comprehensive and global mobile computing technology business. Products from Stonewall Networks would provide a security backbone for this mobile solutions strategy.

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