Contract fortifies CrossMobile’s infrastructure ahead of near-term service launch
NEW YORK, NY, Sept. 20, 2022 (GLOBE NEWSWIRE) -- World Health Energy Holdings, Inc. (OTC: WHEN) (“WHEN Group” or the “Company”), a telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today that its subsidiary in Poland, Cross Mobile Sp. z o.o. (“CrossMobile”), has signed a GSM contract with Polkomtel Sp. z o.o. (“Polkomtel”).
“The signing of this contract is the first of three stages in our European strategy to become a provider of GSM and value-added services” said WHEN Group CEO Giora Rozensweig. “We now part of a small, rarefied group of licensed operators in the EU, giving us a formidable foundation from which we believe can generate significant long-term revenue growth by launching our comprehensive suite of value-added services for B2B and B2C customers."
The global mobile value-added services market is expected to increase to $309 billion by 2025, growing at a CAGR of 15.3%, according to data from Market Research Future.
Mr. Robert Staniszewski, Wholesale Department Director at Polkomtel, said, “For Polkomtel network operator, cooperation with partners such as CrossMobile has been a very important part of the business activities conducted since 2006 and we maintain a leading position on the Polish market. Polkomtel's MVNO customers include domestic and international telecommunications operators, cable TV operators, ISPs and now the developing business of CrossMobile. The quality of network services offered to CrossMobile operating on the Plus network infrastructure will be identical to those offered to Polkomtel’s own subscribers."
Tom Tromer, CEO of CrossMobile, added, “Our value-added services provided on our GSM platform will enable our B2B and B2C customers to fully benefit and enjoy the great opportunities of cyberspace. What differentiates CrossMobile services is our platform that provides our customers the right tools and business solutions to protect and ensure privacy in a safe and user friendly cyber protected environment. We plan to go live with basic services such as GSM calls, SMS, and data transfer in December 2022.”
Rozensweig continued, “Unlike large legacy operators, we have the agility to capitalize on new opportunities. Our ability to address changing market demands provides a distinct competitive advantage. Combining this advantage with our unparalleled cybersecurity solutions and other next-generation value-added services place us in a great position to quickly scale operations.”
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About Polkomtel Sp. z o.o.
Polkomtel is the operator of Plus mobile network which was launched in 1996 and currently has around 13.5 million users. Since the beginning of its operations Polkomtel has been the pioneer in introducing latest technological solutions to the Polish market. It has been dynamically implementing data transmission technologies which enable increasingly faster access to the Internet. https://www.plus.pl/news/aboutcompany
About CrossMobile Sp. z o.o.
CrossMobile is registered as a Full Mobile Virtual Network Operator (MVNO) in Poland under the regulatory authority of the Office of Electronic Communications (UKE).
About WHEN Group
World Health Energy Holdings, Inc. (d/b/a WHEN Group) is a holding company comprised of CrossMobile, SG 77, Inc./RNA Ltd, which develops and significantly improves existing cybersecurity solutions in the B2C and B2B marketplace. WHEN Group develops new systems by applying pattern recognition technology based on IOT / mobile / servers and computer activity, analyzing human and device behavior, relationships, and BPM (Business Process Management) to automatically identify and prevent potential danger to individuals and companies. The B2C Cybersecurity division targets families concerned with external cyber threats and exposures in addition to monitoring a child's behavioral patterns that may alert parents to potential tragedies caused by cyberbullying, pedophiles, other predators, and depression. The B2B Cybersecurity system software development and implementation company is focused on innovative solutions for the constantly evolving cyber challenges of businesses, non-governmental organizations (NGOs) and governmental entities. By deploying a highly experienced development team, RNA Ltd. anticipates both internal and external cyber threats, by identifying behavioral patterns that flag potential cyber compromises. Additional information is available at: https://www.whengroup.com/.
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The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
Investor Relations:
Dave Gentry, CEO
RedChip Companies Inc.
407-491-4498
WHEN@redchip.com
