NEW YORK, NY-- Jun 12, 2012 - World Mobile Holdings Inc. (PINKSHEETS: MCSC), a global leader in developing Image Transmission Devices (ITD) and various of Solutions Integration for major wireless carriers around the world, is pleased to announce the company has been cooperating with Zhenshen local SI ("KXD") to launch Signage Media Player Project and Surveillance System with Gansu China Mobile. The Media Player project is divided into three periods within 2 years with total revenue about $3M. The project officially started in September 2011. The surveillance system will be launched by Q4 2012, the estimated revenue will be US$7M.
"We are proud to announce this news to our shareholders and potential investors that this is the first provincial Multi-Media Signage System in China Mobile and is built by WMHI," commented Jason Hu, Board Chairman and CEO of World Mobile. "The Stage I of this project has been completed since March, and Stage II and III will be finished by the end of 2012. Other provinces will follow the footsteps of Gansu China Mobile to launch the same Multi-Media Signage System of World Mobile Holdings later on this year and in the near future."
About World Mobile Holdings Inc:
WMHI provides effective processed systems, and customized systems integration, such as integration of Surveillance Systems & Multimedia Signage, integration of Lithium-Iron Battery UPS Systems, and systems for nursing & medical centers.
-Cooperating with world leading wireless operators:
World Mobile has valuable assets to establish its B to B business model with worldwide major wireless operators to fulfill their needs of 3.5G and 4G / 5G wireless information services in order to satisfy their customers.
-Cooperating with electric power industry, financial enterprises, among others:
WMHI provides various types of systems integration, for instance, integration of Surveillance Systems & Multimedia Signage, integration of Lithium-Iron Battery UPS Systems, and systems for nursing & medical centers.
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," "will," and similar language.
For more information, please contact:
WORLD MOBILE HOLDINGS INC.
MS. SAMANTHA JEN
NETWORK 1 FINANCIAL SECURITIES, INC.
THE GALLERIA, PENTHOUSE
2 BRIDGE AVENUE, BUILDING 2
RED BANK, NJ 07701
MEMBER FINRA, SIPC
SOURCE: World Mobile Holdings Inc.