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BT_

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Friday, 10/01/2010 12:27:41 PM

Friday, October 01, 2010 12:27:41 PM

Post# of 29739
NewMarket Presents Shenzhen Summit Wrap-up Featuring (CCTR) China Crescent and (NUBLD) NuMobile Wi-Fi Project Update With New Development Highlights
Oct. 1, 2010 (Marketwire) --
DALLAS, TX -- (Marketwire) -- 10/01/10 -- NuMobile, Inc. (OTCBB: NUBLD) today announced a Webcast presenting a review of the Company's participation in a summit meeting in Shenzhen, China this week. The summit was hosted by China Crescent Enterprises, Inc. (OTCBB: CCTR), NuMobile's partner in China through the NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program. Earlier this year, China Crescent received a $1.6 million original design manufacturing (ODM) purchase order from a confidential Japanese customer for 100 sets of a special purpose Wi-Fi communication device. NuMobile was selected by China Crescent to provide a key proprietary software component for the project. 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. During the summit, management met with the Japanese customer to discuss feedback from the initial usage of the devices and strategic next steps. Additionally, the Webcast reviews new, additional opportunities that presented themselves during the summit.

The Webcast presentation is hosted by the NewMarket Technology Greenfield Program and is available on the NuMobile website at www.numobileinc.com or directly at http://tinyurl.com/289k6yj.

NewMarket 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.
To learn more about the Greenfield Partnership Program, please review a recent Benchmark Report issued by the program available for on-demand review here: http://tinyurl.com/2vztynp
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