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WFMC: Monday, March 09 2015 10:27 AM, EST WHAM Inc. Mobile Communications Division Projecting in Excess of $100 Million in Revenue from its Secure Mobile Encryption Application by 2018

PARK RIDGE, Ill. , March 9, 2015 /PRNewswire/ --WHAM Inc. (OTC: WFMC) and its Mobile Encryption Division is targeting the rapidly growing Mobile Encryption Communications Market. WHAM through itsWHAM Secure Mobile Encryption Application (Code name: "WSMA"), is preparing to bring to market, through its WSMA, advanced technology that will transform Secure mobile communications on the Go. The new trademarked name will be announced in a subsequent press release.

Based on current market projections by leading experts, it is expected that there will be more than 220 million smart phone users in the USA by the end 2018. WHAM is projecting that it will have over 2 million subscribers on its WSMA during the same time frame. WSMA's subscribers will be utilizing the WSMA's leading edge proprietary and patent technology to make encrypted phone calls and to send encrypted instant messages and attachments of all types, between themselves and other WSMA subscribers, with a level of security not currently available on the consumer market.

WHAMis projecting that through its more than 2 million subscribers, it will be generating in excess of $100 million in top line revenue in 2018.Cyber security experts are currently projecting sales of mobile device software security to soar, reaching $4.82 billion by 2019 and that the total market for software and hardware based encryption will grow at a compounded annual growth rate of 62 percent from 2013-2018, reaching $166.67 billion by 2018. WHAM is positioning its Mobile Communications Division, initially through its Secure Mobile Encryption Application, to secure a leading position in the market.
WHAM's new consumer based technology solution will bring secure mobile communication to the broad consumer and small business marketplace. The consumer facing product is designed around technology that will protect consumer privacy in mobile communications to prevent mobile spying and mobile cyber-attacks. WHAM's mobile encryption technology will be offered to the consumer marketplace as a software application, which will be available for all Android and Apple iOS smart devices.
Forward-Looking Statement: 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.



To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wham-inc-mobile-communications-division-projecting-in-excess-of-100-million-in-revenue-from-its-secure-mobile-encryption-application-by-2018-300047344.html

SOURCE WHAM Inc.