Priority Aviation Inc (PJET)

[NAT55611]

FORT WORTH, TX -- (MARKET WIRE) -- 06/07/11 -- NuMobile, Inc. (NUBL:$0.0002,$0.0000,0.00%) (OTCQB: NUBL) has scheduled a Webcast for release to its corporate website www.numobileinc.com next Wednesday, June 15th. This week key stakeholders are conducting meetings in China to take next steps toward acquiring an original design manufacturing (ODM) company based in Shenzhen, with approximately $22 million in annual revenue. The Company recently announced entering into a letter of intent (LOI) to acquire the ODM operation. 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 website, www.numobileinc.com. The anticipated structure of the acquisition is intended to position NuMobile (NUBL:$0.0002,$0.0000,0.00%) to execute one to two more acquisitions during the next year in order to pursue a national exchange listing. In the course of the Shenzhen meetings, NuMobile (NUBL:$0.0002,$0.0000,0.00%) plans to meet with an additional strategic acquisition opportunity.