NuMobile Highlights Gartner Outlook on Telecom to Lead 2011 IT Industry Growth
March 24 2011 - 10:21AM
Marketwired
NuMobile, Inc. (OTCQB: NUBL) today highlighted a recent outlook
from Gartner (http://tinyurl.com/25a3vko) focused on worldwide IT
spending in 2011, which it forecasts to grow 5.1% over the previous
year. The outlook points to the telecom equipment industry for the
strongest forecasted growth in 2011 at 9.1%. Strong sales of mobile
devices in 2010, specifically smartphones in mature markets and
white box devices in emerging markets, were drivers of Gartner's
strong forecast for the industry in 2011. NuMobile's business plan
is focused on building a portfolio of security and software
solutions for the global smartphone and mobile computing market.
Incoming NuMobile CEO David Lee recently conducted a Webcast to
provide an update on the Company's business plan. The Webcast also
provides an update on the Company's first two acquisitions, organic
growth opportunities and financial goals for 2011, discusses the
Company's 2010 annual report due at the end of this month and
highlights the anticipated formal appointing of Mr. Lee as Chief
Executive Officer upon completion of the report's filing.
The Webcast is now available for on-demand viewing by going to
NuMobile's corporate website, www.numobileinc.com and clicking on
"Investor Relations" or directly by clicking here:
http://tinyurl.com/NUBL317WC.
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
(OTCQB: NUBL) (PINKSHEETS: NUBL) 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 trading on the OTC Markets Group, Inc.'s OTCQB market
tier.
"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. Email Contact 817-410-5735 Investor
Relations Email Contact
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