SOURCE: World Mobile Holdings, Inc.

January 29, 2014 08:49 ET

World Mobile Holdings, Inc. Announces Current Status

NEW YORK, NY--(Marketwired - Jan 29, 2014) - World Mobile Holdings, Inc. (OTC Pink: 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:

The company's engineering team, advisory by Dr. Thomas Lu, the senior research fellow at Jet Propulsion Lab of CIT, is exploring the application of its proprietary Lithium-Iron (LiFePO4) battery technologies in Bitcoins. Bitcoin transactions would be enhanced greatly if billions of consumers adapting the usage of Bitcoin cards. It's widely believed Lithium-Iron (LiFePO4) battery technologies could be one of ideal energy sources for Bitcoin cards, according to some industry insiders.

The team is also exploring the possibilities of licensing related technologies from California Institute of Technology and other major research institutions in the country.

The board of World Mobile Holdings believes that, aside from some perceived controversies and speculations surrounding the burgeoning Bitcoin industry, Bitcoin is going to stay in our online life for good. World Mobile Holding would like to be a part of it, along with a positive contribution of its unique Lithium-Iron (LiFePO4) battery technologies.

As in January 2014, World Mobile Holdings has successfully received the 1st payment for its contract has been completed in Shanghai, China with the national wireless operator China Mobile.

The board of World Mobile Holdings believes that, the revenue & profits of the company in 2014 will be very good indeed.

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 Information

  • 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