Phoenix Interests, Inc. Announces Ticker Symbol Change to "PXNT" in Continued Mobility Technology Strategy With $1

LUDLOW, KY, Jun 01 (MARKET WIRE) --
Phoenix Interests, Inc. (OTCBB: PXNT) (OTCBB: PXIT) today announced the
Company's corporate ticker symbol will change from "PXIT" to "PXNT"
effective at the opening of the market today, Monday, June 1st. The
ticker has been changed as part of the Company's overall plan to launch a
new mobility technology strategy. Specifically, the ticker was changed in
conjunction with a recapitalization that reduced the number of issued and
outstanding shares by 160 to 1.

Mobility Technology Business

Earlier this year, Phoenix Interests launched a new business strategy to
create a comprehensive and global mobile computing technology business.
Recently, the Company announced finalizing the definitive purchase
agreement to acquire Stonewall Networks (www.stonewallnetworks.com) as
part of this strategy. The Company's mobility roll-up strategy has been
developed over the last year, and this acquisition is the first of several
planned acquisitions. Products from Stonewall Networks will provide a
security backbone for the Company's mobile solutions strategy. Stonewall
Networks has developed a proprietary software solution for mobile network
security, including an innovative security policy management product for
enterprise customers.

Greenfield Program to Improve ROI Potential of Emerging Technology

Additionally, Phoenix Interests has recently partnered with the Greenfield
program. The Greenfield program accelerates the introduction of new
technologies into new markets, and the program is designed to improve the
return on investment (ROI) potential of emerging technology and emerging
market business initiatives. The Company has been featured in a Webcast on
the program May 7th. The Webcast is available for review here:
http://www.newmarkettechnology.com/webcast_20090507.htm

The Greenfield program and the Stonewall acquisition are anticipated to
drive $1 million in first year revenue.

Mobile Computing Solutions Worldwide

The demand for mobile software applications is being driven in large part
by the growing penetration of mobile phone sales into emerging economies
that currently do not have substantial access to the Internet via desktop
computing. According to IDC, the worldwide mobile phone market reached a
new milestone at the close of 2006 with more than one billion units
shipped worldwide over the year.

Mobility Technology Overview Webcast

Last month, Phoenix Interests launched a preliminary website that includes
an overview of its mobility technology strategy and recent company
developments to include the acquisition of Stonewall Networks. On the
preliminary website, the Company has released a Corporate Overview
Webcast. highlighting Phoenix Interests' plans to reach $1 million in
first year revenue, Stonewall Network's products and the Company's recent
partnership with the NewMarket Technology, Inc. (PINKSHEETS: NMKT)
Greenfield program. A link to the Webcast titled 'Phoenix Interests
Corporate Overview Webcast (May 15, 2009)' is available on the home page
of the Phoenix Interests website at: www.pxinterests.com.

NuMobile, Inc.

The Company plans a corporate name change to NuMobile, Inc, to better
represent its strategy to roll-up innovative mobile computing solutions.
As the Company's mobile technology business develops, the Company plans to
continue to expand the corporate website. Once the name change to NuMobile
is complete, a newly branded website is planned be released. Anyone
interested in the Company's developments is encouraged to check the
website often for corporate updates.

Corporate Email Updates

To be added to Phoenix Interests' e-mail database to receive company
updates, please send an e-mail to info@pxinterests.com.

"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 Phoenix Interests' 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.

Contact:

Phoenix Interests, Inc.
Investor Relations
214-556-5927
info@pxinterests.com

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