NuMobile,
Inc. Expands Smartphone and Mobile Computing Software Product Line With
Second Software Acquisition Closed and Third Acquisition Anticipated by
Year End
CARY, NC--(Marketwire) - NuMobile, Inc. (
OTCBB:
NUBL) is a smartphone and
mobile computing software company growing through a roll-up strategy to
build a portfolio of mobile software solutions. Last week, NuMobile
announced closing its second acquisition, Stonewall Networks, Inc.
(
www.stonewallnetworks.com). Stonewall Networks has developed a proprietary
software solution for mobile network security, including an innovative
security policy management product for enterprise customers. NuMobile also
recently announced the acquisition of Enhance Network Communication, Inc.
and a corresponding potential $20 million contract. Enhance has developed a
proprietary large enterprise network security technology designed for
managing the unique information management requirements of
network-delivered government services. Additionally, NuMobile has
announced an anticipated third acquisition involving a commercial software
application distributed across a mobile phone network. A letter of intent
is pending and anticipated shortly.
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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.