Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Builds Sales Momentum and Edges Closer to $20 Million Project Milestone
Company Releases Project Review Webcast
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - November 17, 2009) - NuMobile, Inc. (OTCBB : NUBL ) today released an on
demand Webcast to review two recently announced projects and the potential
to trigger a milestone return on investment opportunity. Last week the
Company announced a project with the Department of Education in Hawaii and
a $500,000 pilot project with the potential for a follow-on contract worth
approximately $20 million in revenue. The Webcast is hosted by the
Greenfield Partnership program and is available on the NuMobile corporate
website homepage and investor relations webpage at www.numobileinc.com
titled 'NuMobile, Inc. Project Review Webcast.'
Last week, NuMobile announced that its recent acquisition, Enhance Network
Communication, Inc., has engaged in a project with 3Com, the Western States
Contracting Alliance (WSCA) and the Department of Education in Hawaii to
install a 3Com VoIP phone system on Maui. The $500,000 pilot project
contract was also signed by Enhance Network Communication. Enhance is
headquartered in Cupertino, California and has developed a proprietary
large enterprise network security technology designed for managing the
unique information management requirements of network-delivered government
services.
NuMobile's Roll-up Strategy to Build a Portfolio of Software Solutions for
Mobile Computing
NuMobile is building a portfolio of software solutions for the global
mobile computing and smartphone market. NuMobile began its roll-up strategy
earlier this year and has acquired two companies, to include Enhance, with
proprietary technology focused on mobile network security. NuMobile has
also recently announced LOIs to acquire an additional two companies, Kaizen
and SecurAct. Kaizen is an application provider for several markets
including SMS, also known as text messaging, MMS, which involves
multi-media messaging, and IVR, interactive voice response. SecurAct offers
identity management solutions for SaaS and Cloud computing.
Greenfield Partnership Program
The Greenfield Partnership Program is an initiative launched by NewMarket
Technology, Inc. to foster the development of innovative technologies and
the introduction of those technologies to the global market place. Through
the Greenfield Partnership Program, NuMobile has established a marketing
partnership for its product line in Asia with China Crescent Enterprises,
Inc. (OTCBB : CCTR ) and added a complementary line of mobile computing
solutions through a partnership with AlterNet Systems, Inc. (OTCBB : ALYI ).
To learn more about the Greenfield Partnership Program visit
www.newmarkettechnology.com.
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email alerts,
please visit the corporate website at www.numobileinc.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket is a reporting company with audited financial reports filed with
the SEC. NewMarket provides systems integration, technology infrastructure
services and emerging technology worldwide. NewMarket has a focus on
providing technology and support services to rapidly growing economies
where technology purchasing is on the rise. In addition to its base of
operations in North America, NewMarket has operations today in the growing
economies of China, Southeast Asia, Brazil and Northern Latin America. Last
year the Company reported over $40 million in revenue from Asia and over
$20 million in revenue from Latin America. Overall, NewMarket reported over
$95 million in revenue for 2008.
Across the globe, NewMarket is a Microsoft and Oracle partner, distributes
various computer hardware and peripherals from brand partners such as Dell,
HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized
reseller of operating systems and various software from companies such as
Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company
works with emerging technologies such as mobile computing, various security
and wireless broadband technologies.
NewMarket's rapid growth since 2002 has placed the Company on the Deloitte
Technology Fast 500 for 5 consecutive years. NewMarket was recognized as
the third fastest growing technology company in the United States in 2006
and the number one fastest growing technology company in North Texas for
two years in a row.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions for the
global mobile computing and smartphone market. Through a roll-up strategy,
NuMobile plans to acquire and develop mobile computing solutions for a
variety of applications, including mobile banking, for the global
marketplace. The demand for mobile security and software applications is
being driven in large part by the growing number of mobile phone sales into
emerging economies that currently do not have substantial access to the
Internet via desktop computing. Already in North America, the Company has
also forged a partnership in the Chinese market and is developing a plan
for the emerging economies of Latin America and East Africa. NuMobile is a
SEC fully-reporting public company listed on the Over-the-Counter Bulletin
Board.
"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.