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NuMobile, Inc. To Acquire Silicon Valley Technology Firm Enhance Network Communication, Inc. With $1.2 Million in Annual Revenue
Tuesday, August 25, 2009 9:52 AM


(Source: MARKETWIRE)trackingNuMobile, Inc. (OTCBB: NUBL) today announced entering into a letter of intent to acquire Enhance Network Communication, Inc. Enhance is headquartered in Cupertino, California and currently reports approximately $1.2 million in profitable annual revenue. Enhance has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network delivered government services. School districts make up the majority of Enhance's current customer base. Early product testing is currently underway with a new prospective client that could result in a major contract by year end.

NuMobile has launched a strategy to build a portfolio of security and software solutions for the mobile computing and smartphone market. In conjunction with the new business strategy, NuMobile common stock was reverse split to support a rollup of smartphone and mobile computing software assets. The current issued and outstanding is approximately 20 million shares. NuMobile has recently announced entering into a three-year contract to provide mobile Internet services to business travelers in Southeast Asia. The contract is anticipated to generate $1 million over the life of the contract. The Company has also notably announced a recent contract with the National Guard

Letter to Shareholders from Board Member Hugh Robinson

Dear Fellow Shareholders-

NuMobile is gaining momentum. The restructuring of the Company required more time than anticipated by management, but now that the restructuring is complete, management is signing sales contracts and executing upon its acquisition campaign. In light of the recent contracts with the National Guard and in Southeast Asia, and in conjunction with the letter of intent announced today, NuMobile anticipates raising its initial sales forecast after the close of the third quarter.

I have been monitoring the development of Enhance Network Communication for some time. The proprietary technology developed by Enhance provides key functionality not currently available in the management of government services delivered over the Internet. The current customer contracts Enhance has managed to engage and the ongoing large project test validate the potential of the technology developed by Enhance.

I anticipate a rapid closing process. The acquisition activities have been ongoing for some time. NuMobile is through with its restructuring and set to rapidly execute upon acquisition opportunities.

 Best Regards, Hugh Robinson Board Member Numobile, Inc. 

Next Acquisition Webcast

NuMobile today released a Webcast to further discuss the Company's LOI to acquire Enhance Network Communication.



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