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World Mobile Holdings, Inc. Announces Current Status

2014-07-28 06:00 ET - News Release

NEW YORK, NY (eTeligis Inc.)

NEW YORK, NY , United States, via eTeligis Inc., 07/28/2014 - - World Mobile Holdings, Inc. (OTC PINK: WMHI) (PINKSHEETS: WMHI), a global leader in developing Image Transmission Devices (ITD), Lithium-Iron (LiFePO4) Battery Modules, and Solutions Integration for major wireless carriers around the world, is pleased to announce the following news:

"We would like to take this opportunity to give a briefing of the updated situations of the marketing for WMHI's Mobile Payment Systems in China as the follows,

(1) WMHI has invited Ms. Michelle Hu & Mr. Frank Xu to join WMHI operating team of which they have bought in all core technologies of Mobile Payment Systems into WMHI.

(2) WMHI has appointed AP Smart Chip (Beijing) Co., Ltd. (APC) as its exclusive marketing agent for the Mobile Payment Systems in China of which APC has successfully obtained the official approval from UnionPay of China, the exclusive authority controls all inter banks money transactions in all over China. It allows APC to take all orders from all banks in China for the Mobile Payment Systems exclusively. It will bring a big profits & revenue to WMHI starting in either Q4 2014 or the latest in Q1 2015 as due to Mobile Payment Systems are the major trend in all over the world of course including China by all means, commented by Jason Hu, Board Chairman and CEO of World Mobile.

WMHI has become one step closer in achieving another key milestone in the company's plan to become KEY player in the Mobile Payment industry. This inclusion will qualify our efforts for achieving key global Mobile Payment initiatives and deliverables.

About World Mobile Holdings Inc:

World Mobile Holdings, Inc. provides effective processed system, and customized systems integration, such as, integration of Surveillance Systems & Multimedia Signage, integration of Lithium-Iron Battery (LiFePO4) Modules, and systems for nursing & medical centers. Cooperating with the world's leading wireless operators, World Mobile's B to B business model has valuable assets to assist the major wireless operators around the world in fulfilling their needs of 3.5G and 4G / 5G wireless information services in order to satisfy their customers.

Safe Harbor:

Certain statements in this news release are forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "estimates," "expect," "future," "intends," "may," "plans," "should," and "will,".

CONTACT:

For more information, please contact:

World Mobile Holdings Inc.

Ms. Samantha Jen

917-725-3190

samanthajen@worldmobileholdings.com

www.worldmobileholdings.com

Network 1 Financial Securities, Inc.

Keith Testaverde

The Galleria, Penthouse

2 Bridge Avenue, Building 2

Red Bank, NJ 07701

(732) 758-9001

www.network1financial.com

Member FINRA, SIPC

SOURCE: World Mobile Holdings Inc.

Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=27140 - Link to submission on http://www.eteligis.com

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