NuMobile, Inc. Partnership to Penetrate Smartphone Market in China with Apple iPhone Launch Anticipated in 4th Quarter to Be Fea
24 Settembre 2009 - 9:00PM
Marketwired
NuMobile, Inc. (OTCBB: NUBL) recently announced a partnership with
China Crescent Enterprises, Inc. (OTCBB: CCTR), a systems
integrator and technology service provider in the Chinese market
reporting approximately $40 million in annual revenue for the past
two years. NuMobile's proprietary software product offerings for
the smartphone and mobile computing market coupled with China
Crescent's established operations in the region have prepared the
companies for the smartphone market boom expected in China with the
4th quarter release of Apple's iPhone. In response to the impending
release of the iPhone competitors are preparing to release their
own smartphone products and applications. Smartphone growth in
China is expected to top 40% next year and maintain a healthy 30%
growth rate through 2013. During an on-demand Webcast tomorrow,
September 25th, management plans to discuss the Company's
partnership with China Crescent as well as its proprietary software
product offerings.
In the Webcast, Management is also scheduled to update
shareholders on the Company's aggressive roll-up plan to include
the pending acquisition of Stonewall Networks, Inc. and recent
acquisition of Enhance Network Communication, Inc. Enhance has
developed a proprietary large enterprise network security
technology designed for managing the unique information management
requirements of network delivered government services and has a
potential $20 million contract under development that could be
executed as early as year-end.
Finally, the Webcast is also scheduled to include an update on
the Company's previously suggested fair value target PPS of
$0.25.
A link to the on-demand Webcast will be posted to the corporate
website www.numobileinc.com tomorrow upon release.
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 Stonewall Networks, Inc. (www.stonewallnetworks.com)
Stonewall Networks, Inc. is an IT security product company
founded in 2005. The Company's main product, Cornerstone Security
Management Platform, provides a total security management vision
for enterprises. The Stonewall Networks team is built from IT
security and network management experts recognized for their work
on management software for many of the world's largest hardware
vendors.
About Enhance Network Communication, Inc. (www.enetcom.net)
Enhance is headquartered in Cupertino, California and currently
reports approximately $1.2 million in profitable annual revenue.
Enhance has developed a proprietary large enterprise network
security technology designed for managing the unique information
management requirements of network delivered government services.
School districts make up the majority of Enhance's current customer
base. Early product testing is currently underway with a new
prospective client.
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 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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Contact: NuMobile, Inc. Investor Relations 214-556-5927
ir@numobileinc.com
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