NuMobile, Inc. (OTCBB: NUBL) has released an online presentation
hosted by incoming CEO David Lee that is now available for
on-demand review on the corporate website www.numobileinc.com.
Webcast Hosted by Incoming CEO David Lee
The Webcast provides corporate updates and addresses the recent
analyst research report issued by Prime Equity Research. The Prime
Equity Research report (link: http://tinyurl.com/37lc45t) rated the
Company as a 'speculative buy' with a target PPS of $0.13 and
includes details on two completed acquisitions and a review of the
Company's overall business plan. The Webcast addresses the report
in the context of the over-the-counter market.
The Webcast further discusses Company updates on organic sales
from last year's acquisitions of Stonewall Networks, Inc.
(www.stonewallnetworks.com) and Enhance Network Communication, Inc.
(www.enetcom.net), this year's acquisition plans, Greenfield
Partnership Program projects, plans for the fourth quarter of 2010
and the Company's $20 million revenue objective for 2011.
The Webcast is available for review on the Company's corporate
website home and investor relations pages at www.numobileinc.com or
directly at http://www.numobileinc.com/wcdl_10_08_10.html.
Prime Equity Research "Speculative Buy" & Target PPS $0.13
Webcast
Last month, NuMobile also released a Webcast presentation
discussing the Prime Equity Research analyst report in further
detail. Included in the Webcast review of the report is an overview
of the milestone investing strategy. The milestone investment
strategy was developed to help enhance the return on investment
opportunity for self-directed retail investors when investing in
early-stage businesses.
The Webcast was hosted by NewMarket Technology, Inc.
(PINKSHEETS: NWMT) Greenfield Partnership Program Director Philip
Verges and a link to the Webcast is available on the NuMobile
corporate website investor relations page at www.numobileinc.com or
directly at http://www.numobileinc.com/wcpr_9_9_10.html.
Last year, NuMobile launched an updated business strategy to
build a portfolio of smartphone and mobile computing technologies
through an acquisition roll-up strategy. After acquiring Stonewall
Networks and Enhance Network Communication late last year, NuMobile
recently completed a capital restructuring to support an ongoing
acquisition campaign. Prime Equity's coverage was initiated around
the same time as the restructuring initiative to provide an
independent perspective on the Company's progress and plans.
NewMarket Greenfield Program
Central to the NuMobile's updated business strategy is the
NewMarket Technology Greenfield Partnership Program. NewMarket
launched the Greenfield Program last year to facilitate the
start-up and early stage development of high-growth potential
businesses. The Greenfield Program concentrates on early stage,
rapid growth opportunities in the world's emerging markets, with
program participants in China, Southeast Asia, South and Central
America and East Africa, in addition to a handful of program
participants in North America.
In the Webcast hosted by Mr. Lee, the incoming CEO discusses how
the program has enabled NuMobile to have sales opportunities in
high-growth developing economic regions around the world that the
Company would not otherwise have access to, to include
opportunities in the Chinese and East African markets. Later this
month, Mr. Lee is scheduled to attend a Trade Mission to East
Africa hosted by its Greenfield partner in that region, Savanna
East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE). The Webcast
also reviews a project NuMobile is working on in China with
Greenfield Partner China Crescent Enterprises, Inc. (OTCBB: CCTR).
Through the Greenfield Partnership Program, NuMobile is part of a
$1.6 million contract and $160 million letter of intent signed by
China Crescent. This is just one example of the benefits to
NuMobile from participation in the Greenfield Partnership
Program.
Prime Equity Research Report
To review a copy of the research report, please visit
http://tinyurl.com/37lc45t, the NuMobile corporate website at
www.numobileinc.com or the Prime Equity Research website at
www.primeequityresearch.com.
The independent analyst with Prime Equity Research is a CFA®
(Chartered Financial Analyst®) charterholder. The analyst has
previously conducted research for a number of Western European and
North American financial institutions, including Janney Montgomery
Scott. NuMobile engaged the analyst and paid for the services prior
to any recommendation rating or price target to ensure objective
research.
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 Technology is a global small business incubator.
NewMarket's current portfolio of operations provides systems
integration, technology infrastructure services and emerging
technology. NewMarket's operations strategically focus on providing
technology and support services in emerging and developing
economies with high growth rate potential 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, Africa, Brazil and Northern
Latin America. Overall, NewMarket reported over $95 million in
revenue for 2008 and reported over $98 million in profitable
revenue for 2009.
NewMarket's operations provide services and support for both
brand-name technologies, such as Microsoft, as well as emerging
technologies ranging from mobile computing to various security and
wireless broadband technologies. NewMarket's rapid growth since
2002 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.
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Contact: NuMobile, Inc. Sales 817-410-5735 Email Contact
Investor Relations 214-722-3042 Email Contact
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