FORT WORTH, TX--(Marketwire - Jun 2, 2011) - NuMobile, Inc. (
http://money.msn.com/business-news/article.aspx?feed=MW&date=20110519&id=13654154
http://money.msn.com/business-news/article.aspx?feed=MW&date=20110510&id=13599624
NuMobile has recently announced a letter of intent to acquire an original design manufacturing (ODM) company based in Shenzhen, with approximately $22 million in annual revenue. The acquisition is planned to be complete by the end of June. An on-demand Webcast titled "NuMobile Acquisition Plan Update Webcast" providing more information on the proposed transaction is posted to the Company's updated website, www.numobileinc.com. The anticipated structure of the acquisition is intended to position NuMobile to execute one to two more acquisitions during the next year in order to pursue a national exchange listing. In conjunction with the strategic acquisition developments, the Company recently launched an updated corporate website and logo at www.numobileinc.com.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile (
"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 or China Crescent'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.
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Contact:
NuMobile, Inc.
817-410-5735
Investor Relations
214-722-3042