Chicago, Illinois / ACCESSWIRE / August 1st, 2014 / Woodman Holdings (Wham Inc) (OTC PINK WFMC) announces a strategic plan to take on it’s rivals and demonstrate it’s dominance with it’s self proclaimed, most secure phone on the planet. Wham Inc has received high reviews of it’s beta version success launch, along with it’s ease of use, from the participating parties. The launch of it’s business, financial and healthcare app will secure costumer data, which is vital in preventing the loss of billions of dollars annually. Client confidentiality is critical in this information age after the recent global cyber attacks, promulgated by world hackers.
"Companies need to stop ignoring the need for software encryption for it’s employees. It is easier to protect yourself than to defend yourself when off the shelf (byod) devices are lost or compromised," said Israel Vasquez CEO. Our system functions seamlessly with little or no human interaction in real time communication with virtually no latency and transparent in the background. The mobile app ecosystem has seen explosive growth as consumers flock to app stores linked to their mobile platforms and devices. There's plenty of money in the app economy: ABI Research predicts that mobile app revenue will reach $46 billion by 2016, up from about $8.5 billion in 2011. However, while other companies have been working on delivering more secure devices, it's not clear whether the encryption they're using at the hardware or software level is spy-proof as cited by the journal, "Using privacy applications and specialized hardware is a positive step". According to research firm infonetics the market for security mobile software was expected to grow by 38% and hit 3-5 Billion annually by 2017.
Wham Inc. in talks to purchase patent company:
Wham Inc is currently in talks to purchase the parent company of the patent company in order to gain control and become it's largest shareholder. It will bring to market the consumers version of it's mobile encryption, launching the dual version for Android and Apple IOS. More details will be released as the letters of intent are signed with the terms and condition that are now being agreed upon.
By the end of August, Wham Inc will be launching its new corporate website, which will include all divisions of its companies. Our mobile encryption division will be on our website with an easy sign up access trial period for two weeks, for all professional and business use. When the completion of our Apple IOS coding is finished, we will then begin to offer the same trial period for personal use.
OTC market update:
Over the past few years, the historical Pink Sheets has undergone some major changes, starting with the creation of certain "tiers" of issuers and culminating in its refurbished website and new URL, otcmarkets.com. OTC markets divides issuers into three (3) levels: OTCQX, OTCQB and Pink Sheets.
At this time we are diligently working with OTC markets to upload our information and become a current reporting company in our obligations with the SEC. Undergoing this process can become prolonged and extended because it undergoes a quality review by industry professionals.
From the Chairman/CEO:
As CEO of Woodman Holdings I keep the investing public aware of all happenings within the Corporation. Recently there have been many inquiries from the public sector for information relating to the many companies that Woodman Holdings are affiliated too. Due to the sensitive nature of the companies technologies as well as events that have taken place within the related companies, Woodman Holdings are bound by NDA’s and agreements which prevent public disclosure. Should there be questions relating to any of the affiliated groups, please feel free to contact Woodman Holdings and your questions shall be reviewed and answered providing that there are no conflicts. Phone calls to the company will not be addressed as previously handled. All correspondence can be addressed through the form on our website which will be live by the end of August.
This Press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Wham Inc, Investors relations department contact us via email at [email protected] or for all general inquiries contact us via email at: [email protected]
SOURCE: WHAM Inc.