SOURCE: World Health Energy Holdings Inc.

World Health Energy Holdings Inc.

July 07, 2015 13:15 ET

World Health Energy Holdings Inc. (WHEN) Announces Purchase of FSC Software Inc. -- a Software and Online Trading Company

NEW YORK, NY--(Marketwired - Jul 7, 2015) - World Health Energy Holdings, Inc. (OTCQB: WHEN) (OTC PINK: WHEN), a public company, has acquired FSC Software Inc. (www.fsc.trade), an innovative and cutting-edge financial software provider for financial institutions and traders.

FSC has a suite of next generation, direct-access online trading platform solutions for equity, options, bonds, futures and forex trading on the global markets as well as risk management software.

FSC is well positioned to enter the market and begin competing with established online trading firms like E-Trade (www.etrade.com), Ameritrade (www.tdameritrade.com), and Interactive Brokers in the online trading fields.

FSC will focus on marketing its products globally; initially concentrating in the Asian and European markets. The Company's current revenue model is built on leasing its software to financial institutions and traders in the $10B+ market. FSC also plans in the near future to acquire a Broker/Dealer License(s) and Asset Management License(s) to be able to offer its products directly to end users. The acquisition of these licenses will provide the potential for additional revenue streams for the company.

Per the terms of the Purchase Agreement, WHEN will pay 70B shares initially and an additional 130B shares pending full delivery of the back-office portion of the software.

WHEN CFO Jason Lurie said, "We're really excited about the opportunities at-hand. Despite being a highly competitive market online trading continues to grow. Our research shows the Asian markets are currently under-served and are clamouring for an easy-to-use platform like the one we now own. Similar companies have experienced $3-700M buy-outs for their software platforms alone."

FSC has an experienced management team who have worked with industry-leaders in the online trading markets. 

Shareholders and interested investors who would like to be added to WHEN's corporate e-mail list are encouraged to send an e-mail to info@worldhealthenergy.com for all future corporate press releases and industry updates.

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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 World Health Energy Holdings, Inc.'s 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 Information

  • Contact:

    World Health Energy Holdings, Inc.
    Investor Relations
    212-884-8395