World Mobile Holdings Inc. Updates its Shareholders

NEW YORK, NY / ACCESSWIRE / November 24, 2014 / World Mobile Holdings, Inc. (OTC Pink: WMHI) WMHI, a global leader in developing Image Transmission Devices (ITD), Mobile Payment System, Lithium-Iron (LiFePO4) Battery Modules, and Solutions Integration for major wireless carriers around the world, is pleased to provide an update with the following news:

Mr. Frank Xu and the WMHI operating team will work on all technologies of Mobile Payment Systems into WMHI. AP Smart Chip (Beijing) Co., Ltd. (APC) is WMHI 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.  Mr. Frank Xu led major conferences in China in this industry, such as the 2nd World IC Card Summit in Beijing.

Chip-and-PIN cards represent a standard that was produced almost 20 years ago. The new wave of payment innovations are occurring with contactless mobile payment systems, most notably near field communications (NFC) payment systems such as Apple Pay and Google Wallet, as well as Bluetooth low energy (BLE) payment systems such as PayPal Beacon, which give consumers the ability to make secure electronic payments using a mobile device. These payment systems not only include similar security features as chip-and-PIN cards, but they also integrate tokenization.

WMHI intends to expand into this area and is doing so with added experts in the field. Dr. Lu continues to support WMHI R&D efforts and advises NASA/Cal Tech/JPL on matters related to these areas as well.

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, Mobile Payment System, 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:
World Mobile Holdings Inc.
Mr. Jason Hu
917-725-3190;
jasonhu@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.