(NUBL) NuMobile Anticipates Strong 4th Qtr., Laying Groundwork for 2011 Success With Anticipated Rapid Expansion in China and Af
04 Novembre 2010 - 2:11PM
Marketwired
NuMobile, Inc. (OTCBB: NUBL) today announced a Webcast scheduled
for Monday, November 8th to present a preview of milestone events
anticipated in the 4th quarter of 2010.
"NuMobile's strategy to acquire and develop a portfolio of
software applications for the smartphone and mobile computing
market is beginning to solidify and show meaningful potential,"
said David Lee, incoming CEO. "We have a number of developments now
coming to fruition and anticipated to close in the fourth quarter
laying the groundwork for rapid expansion in 2011."
NuMobile Developments
NuMobile is in the final stages of completing the acquisition of
a Kenya-based mobile wallet operation expected to add $5 million in
annualized revenue initially and support NuMobile's plans to
achieve $20 million in annual revenue in 2011.
NuMobile has been selected by fellow Greenfield partner China
Crescent Enterprises, Inc. (OTCBB: CCTR) to provide a key
proprietary software component for a special purpose Wi-Fi
communication device. The customer, an undisclosed Japanese firm,
has already placed a $1.6 million purchase order for 100 sets of
the 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 over the next three years,
subject to the performance of the first 100 sets.
In addition to the Wi-Fi project, NuMobile has partnered with
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) on a
wireless, real-time utilities metering initiative in East Africa.
Savanna East Africa is another Greenfield partner company that
NuMobile has worked with to expand its reach into the East African
Markets. Incoming CEO Lee recently returned from a business
development Trade Mission to Kenya hosted by Savanna. A link to the
Webcast scheduled for Monday will be published to NuMobile's
website and emailed to the NuMobile opt-in email database 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 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: NuMobile, Inc. Sales 817-410-5735 Email Contact
Investor Relations 214-722-3042 Email Contact
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni China Crescent Enterprises (CE) (USOTC:CCTR)
Storico
Da Lug 2023 a Lug 2024