NuMobile, Inc. Schedules Webcast to Release New Information on Anticipated $20 Million Contract and Further Detail on Role in Ch
12 Febbraio 2010 - 7:06PM
Marketwired
NuMobile, Inc. (OTCBB: NUBL) today announced a Webcast scheduled
for Tuesday, February 16th to release new information on an
anticipated $20 million contract. The anticipated contract is
related to the acquisition of a proprietary technology company
executed last year. The contract was in negotiations at the time of
the acquisition and consideration for the acquisition of the
proprietary technology company was structured to incentivize
success with the anticipated $20 million contract.
NuMobile has also recently announced being selected to provide
key technology in a $160 million original design manufacturing (ODM
) project opportunity in China with China Crescent Enterprises,
Inc. (OTCBB: CCTR). China Crescent has announced receiving a $1.6
million original design manufacturing (ODM) purchase order from a
confidential Japanese customer for 100 sets of a special purpose
Wi-Fi communication device. Based on a formal letter of intent, the
Japanese customer has committed to purchase 10,000 of the custom
Wi-Fi devices for a total of $160 million dollars over the next
three years, subject to the performance of the first 100 sets.
China Crescent is NuMobile's strategic partner in China and the two
companies have formed a partnership to sell, service and market
NuMobile's products in China, including its smartphone and mobile
computing solutions. The Webcast agenda includes more details on
NuMobile's expected role in the project.
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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Contact: NuMobile, Inc. Investor Relations 214-556-5927
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