The Company recently released an on-demand Webcast hosted by incoming CEO David Lee that provides a review of the Company's recent acquisition of Kruze Technologies, LTD in Nairobi, Kenya. The Kruze acquisition is the first of two that have been planned to establish a foothold for NuMobile in the rapidly growing mobile banking market in Africa. The Webcast also includes a review of project opportunities NuMobile has gained through participation in the NewMarket Technology Greenfield Partnership Program, including a $1.6 million, 100-unit Wi-Fi device pilot project with China Crescent Enterprises, Inc.(OTCBB: CCTR). Based on a formal letter of intent, the customer has committed to purchase 10,000 of the custom Wi-Fi devices for a total of $160 million over the next three years, subject to the performance of the first 100 units.
The Webcast is available for on-demand viewing through the Company's corporate website www.numobileinc.com or directly at tinyurl.com/NUBLMOBILEBANKING.
NuMobile's Ongoing Role in the Greenfield Partnership Program
NuMobile was highlighted last week in an on-demand NewMarket Technology CEO Webcast presentation. In the presentation, NewMarket CEO Bruce Noller highlighted NuMobile's 2010 operational performance and 2011 business plan updates in a comprehensive presentation on NewMarket's operations and plans. The Webcast is available now for on-demand review at www.newmarkettechnology.com or directly at tinyurl.com/NewMarket1230.
PPS, ROI and The OTC(BB) Factor Webcast
NuMobile was also recently featured in a Greenfield Partnership Program Webcast available for on-demand review now at tinyurl.com/GFWebcast1221. The Webcast, titled 'The OTC(BB) Factor -- A Different Perspective On Achieving An ROI' discusses the different types of companies quoted on the over-the-counter market while suggesting different investment expectations associated with each type and suggesting specific strategies to achieve investment expectations.
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 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.
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