Phoenix Interests, Inc. Releases Webcast on Mobility Technology Strategy With $1 Million 1st Year Revenue Objective and InformationWeek News Link

LUDLOW, KY--(Marketwire - May 15, 2009) - Phoenix Interests, Inc. (OTCBB: PXIT) today announced the Company has released an on-demand Webcast including a corporate overview, its mobile technology strategy, the recent acquisition of Stonewall Networks, Inc, and the planned corporate name change to NuMobile, Inc. The Company plans to change its name to better represent its strategy to roll-up innovative mobile computing solutions. Additionally, the Webcast highlights Phoenix Interests' plans to reach $1 million in first year revenue and the Company's recent partnership with the NewMarket Technology, Inc. (PINKSHEETS: NMKT) 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 Webcast is now available for review on the Company's corporate website. A link to the Webcast titled 'Phoenix Interests Corporate Overview Webcast (May 15, 2009)' is available on the home page of the Phoenix Interests website at: www.pxinterests.com.

Mobility Market Place

To learn more about the emerging mobility market place and the initiatives of companies such as Sun Micro Systems, Sprint and Cisco, the following site is recommended for current news:

www.informationweek.com/mobility

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.

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.

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