Contact Information: Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
NuMobile, Inc. Announces Greenfield Webcast Update on Three Pending Milestone Events Anticipated to Trigger Possible PPS Increase Before Year End
| Source: NuMobile, Inc.
CARY, NC--(Marketwire - November 9, 2009) - NuMobile, Inc. (OTCBB : NUBL ) released a joint,
on-demand Webcast Friday November 6th discussing the recently announced
letter of intent (LOI) to acquire a controlling interest in Kaizen
Communications, Inc. (www.kaizencommunications.net) of Jacksonville,
Florida. The presentation includes an update on NuMobile's milestone
successes so far this year and a preview of three pending milestone events
anticipated before the end of the year. NuMobile has completed two
acquisitions, has two more pending acquisitions, to include the Kaizen
opportunity, and one pending major contract. The Webcast is hosted by the
NewMarket Technology, Inc. Greenfield Partnership Program and is available
on the homepage and investor relations page of the NuMobile corporate
website www.numobileinc.com titled 'NuMobile - Kaizen Communications LOI
Webcast.'
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 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. As a result of recent
acquisitions, the Company has also announced that it anticipates signing
its first substantial contract before the end of 2009 for an estimated $20
million and $8 million gross margin.
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.