SOURCE: SecureCom Mobile Inc.

SecureCom Mobile Inc.

May 02, 2016 04:00 ET

SecureCom Mobile Provides Corporate Update

TORONTO, ON--(Marketwired - May 02, 2016) - SecureCom Mobile Inc. (SecureCom, the Company) (CSE: SCE) (OTC: SCQBF) (FRANKFURT: S6UN), the Company whose aim is to secure everyone's communication over any device is pleased to provide this Corporate Update. The Company is transitioning from the start up stage to the execution and launch stage with a new management team, Board of Directors, and global partners. The major activities the Company has executed on are summarized below:

1. Appointed a new CEO, Roland Bopp who is an experienced operational CEO with global reach in the telecom and internet services markets.

 2. Appointed a new Board of Directors which includes Roland Bopp, Gary Bartholomew, seasoned technology entrepreneur and Tech Fund Manager, Stephen Barley, experienced in public company transactions, corporate finance and a securities law registered in British Columbia and Alberta.

3. Appointed a new CFO, Arvin Ramos with valued experience in public company accounting and audit.

4. Built an Advisory Board with some of the top names in internet security and mobile services by adding Werner Dittmann, senior software engineer in security and telecom, as well as Willi Mannheims with 25 years of experience in technology and telecommunications.

5. Completed a CAD$623,000 private placement on February 29, 2016 at a price of $0.15 per unit with each unit consisting of one common share and one share purchase warrant at $0.25 with a one year term.

6. Moved corporate offices to Toronto from Vancouver to be closer to management's networks and to consolidate all product development to a Waterloo office.

7. The Company's AGM was announced for May 6, 2016 in Toronto.

8. Performed a deep dive on the technology developments and IP contained within the Company, with focus on SecureCom's messaging APP for Android, iOS and Blackberry.

Over the next sixty days, the Company will finalize launch plans for the Securecom's encrypted iOS Messaging App and architect a larger strategy to serve the corporate enterprise marketplace which requires comprehensive security communications beyond messaging. With recent news surrounding security concerns within the enterprise, as major corporations transition to cloud based computing applications, a complete Security Cloud Solution is being demanded. Secured messaging, VOIP, Video, Social Networks, Data, Documents, and Transactions are all needed in one comprehensive solution. The overall vision of the Company will be communicated to the Investors in the near term.

About SecureCom Mobile Inc.

SecureCom Mobile Inc. under the brand SecurePair™ develops and markets consumer software and hardware encryption communications products for mobile phones, tablets, and computer-based platforms. Its technology enables people to communicate, in complete privacy, with ease, using voice, text and data messaging. The Company employs cryptographically strong algorithms and protocols to shield communication from surveillance and analysis. Its encryption scheme cannot be circumvented by mobile carriers or other parties, thereby ensuring total privacy. SecureCom Mobile products are available for the Android and coming soon for iOS.

SecureCom Mobile Inc. trades on the Canadian Securities Exchange under the symbol SCE and Frankfurt Stock Exchange S6UN WKN#: A12CAR and the OTC Markets under symbol SCQBF.



The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Forward-Looking Information

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of SecureCom Mobile Inc. Forward-looking information is based on certain key expectations and assumptions made by the management of SecureCom Mobile Inc., including future plans for the research and development of digital products, including the iOS version, and the effectiveness of the products. Although SecureCom Mobile Inc. believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because SecureCom Mobile Inc. can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. SecureCom Mobile Inc. disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the Canadian Securities Exchange, consumer sentiment towards the Company's products, technology failures, competition, and failure of counterparties to perform their contractual obligations and other risks detailed from time to time in the filings made by the Company in securities filings.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information contained in this news release.

Contact Information

  • For further information please contact:
    Roland Bopp
    CEO, Director
    Telephone: +1 (604) 484-8989