Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. to Increase $0.10 Suggested Fair Value Target Price per Share
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - September 15, 2009) - NuMobile, Inc. (OTCBB : NUBL ) today announced a
corporate Webcast scheduled for release this Friday, September 18th, to
present an increased suggested fair value target price per share. The
Company has previously published a $0.10 suggested fair value target price
per share. The Company anticipates completing the recently announced
pending acquisition of Enhance Network Communication, Inc. prior to the
scheduled Webcast. Enhance currently has approximately $1.2 million in
profitable annual revenue and anticipates closing a $20 million contract
with $8 million in gross margin by year end with the contract going into
service next year. The increase suggested fair value target price per
share will be based on the Enhance acquisition. A link to the Webcast will
be posted to the NuMobile website www.numobileinc.com upon release.
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"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.