(NUBL) NuMobile's Image and Strategy Announcements on MSN Money
June 02 2011 - 10:30AM
Marketwired
NuMobile, Inc. (PINKSHEETS: NUBL) (OTCQB: NUBL) today announced the
Company's website and logo update and recent strategic acquisition
development announcements have been published on the MSN Money
website:
http://money.msn.com/business-news/article.aspx?feed=MW&date=20110519&id=13654154
http://money.msn.com/business-news/article.aspx?feed=MW&date=20110510&id=13599624
NuMobile has recently announced a letter of intent to acquire an
original design manufacturing (ODM) company based in Shenzhen, with
approximately $22 million in annual revenue. The acquisition is
planned to be complete by the end of June. An on-demand Webcast
titled "NuMobile Acquisition Plan Update Webcast" providing more
information on the proposed transaction is posted to the Company's
updated website, www.numobileinc.com. The anticipated structure of
the acquisition is intended to position NuMobile to execute one to
two more acquisitions during the next year in order to pursue a
national exchange listing. In conjunction with the strategic
acquisition developments, the Company recently launched an updated
corporate website and logo at www.numobileinc.com.
About NuMobile, Inc. (www.numobileinc.com) NuMobile
(PINKSHEETS: NUBL) (OTCQB: 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 or China Crescent'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. 817-410-5735 Email Contact Investor
Relations Email Contact 214-722-3042
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