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NUBL NEWS


Sept. 17, 2009, 9:01 a.m. EDT · Recommend · Post:

NuMobile, Inc. to Review Enhance Network Communication, Inc. Acquisition and Increased Target PPS Above $0.10 Tomorrow in Exclusive Webcast
Enhance Anticipates $20 Million Contract With Expected $8 Million Gross Margin

CARY, NC, Sep 17, 2009 (MARKETWIRE via COMTEX) -- Tomorrow, NuMobile, Inc. /quotes/comstock/11k!nubl (NUBL 0.06, +0.04, +173.91%) plans to release a strategic update to discuss the planned acquisition of Enhance Network Communication, Inc. and an increase in the previously published fair value target price per share of $0.10 based on the Enhance acquisition. The transaction is currently pending with a prompt closing anticipated. The presentation tomorrow is scheduled to include an overview of Enhance, its approximate $20 million anticipated contract with $ 8 million in gross margin, and the terms of the acquisition, in addition to an update and increase of the previous $0.10 suggested fair value target price per share. A link to the Webcast will be posted to the NuMobile website www.numobileinc.com upon release.

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"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.