Glancy Binkow & Goldberg LLP Announces Investigation of NQ Mobile Inc.

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of NQ Mobile Inc. (“NQ Mobile” or the “Company”) (NYSE:NQ) concerning possible violations of federal securities laws. The investigation is related to certain statements issued by NQ Mobile concerning the Company’s operations and financial performance and prospects.

Please contact us at 212-682-5340, Toll-Free at 888-773-9224, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

NQ Mobile is a Beijing, China-based provider of mobile Internet services, including mobile security, privacy, productivity, personalized cloud and family protection. The investigation is related to allegations published by Muddy Waters, LLC that NQ Mobile has exaggerated its market share and financial performance and prospects and misrepresented the efficacy of its products. In a report dated October 24, 2013, Muddy Waters alleges that, among other things:

At least 72% of NQ’s purported China security revenue is fictitious and the Company’s largest customer is actually NQ Mobile.
NQ Mobile’s actual market share in China is about 1.5%, rather than the approximately 55% it purports, and its paying China user base is less than 250,000, rather than the approximately six million it purports.
NQ Mobile’s Antivirus 7.0 is unsafe for sale to consumers, and creates serious vulnerabilities, making users’ phones prone to data compromise and cyber attack.

If you purchased NQ Mobile securities, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at 888-773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at 212-682-5340, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Binkow & Goldberg LLP, Los Angeles, CAMichael Goldberg, 888-773-9224orGlancy Binkow & Goldberg LLP, New York, NYGregory Linkh, 212-682-5340shareholders@glancylaw.comwww.glancylaw.com

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