Partnership with UPONUS Technologies, LLC

PARK RIDGE, IL / ACCESSWIRE / December 22, 2014 / Good Afternoon shareholders. Wham Inc. is releasing news this afternoon in order to bring clarification to the Dec. 8th and Dec. 17th press releases. The company believes these (2) press releases were misinterpreted by the investment community simply because of the stigma that is associated with the pink sheets. "The purpose of today's news is to help bring clarity to what has been transpiring here," said Chairman/CEO Israel Vasquez.

Wham Inc has purchased an interest in UPONUS along with the exclusive right to negotiate for a consumer version of UPONUS' secure mobile application. This investment allows Wham Inc. to enter the mobile encryption arena by obtaining the exclusive licensing rights from UPONUS Technologies for its secure mobile encryption application for the consumer market. Woodman Holdings will be negotiating the software application for its intrinsic value which is contingent on the companies S-1 registration. Wham Inc. has been accomplishing all of the necessary steps as it moves closer towards its S-1 registration of its IPO.

"The long awaited agreement between Wham Inc. and UPONUS was signed on 12/16. Wham Inc. initiated the funding of this 'strategic partnership' on the same day for $100,000 (USD). We look forward to working out the terms of the licensing agreement once the remaining funds of $150,000 (USD) are transferred and our new partnership with UPONUS is officially consummated," said Chairman/CEO Israel Vasquez. This licensing agreement will give Wham Inc. the right to develop, market and launch its own secure mobile application for the consumer market. The company's focus will be about the issues concerning mobile hacking and spying, which is happening daily throughout the global cyber network.

An alarming report was issued by the Washington Post on 12/18 which states, "German researchers have discovered security flaws that could let hackers, spies and criminals listen to private phone calls and intercept text messages on a potentially massive scale - even when cellular networks are using the most advanced encryption currently available", http://www.washingtonpost.com/blogs/the-switch/wp/2014/12/18/german-researchers-discover-a-flaw-that-could-let-anyone-listen-to-your-cell-calls-and-read-your-texts/.

"The need for a [secure] mobile encryption within the consumer market is growing at an alarming rate. The Apple iOS and Android smartphones are not as secure as consumers were once led to believe. This is because of the enormous pressure that is put on developers who have to meet extremely tight marketing deadlines. These deadlines lead to a strict development schedule that leaves security requirements either compromised or omitted. After the numerous security assessments that have been reported for both the iOS and Android platforms, consumers are now becoming well aware of the pattern that has developed with these common security weaknesses," said COO Theodore Fotsis.

Wham Inc. would like to thank all shareholders for their great patience and support of the company throughout the development, roll out and launch of its brand and platform. We will continue to keep the investment community informed about company announcements through its corporate website (whamcorp.us), social media networks and Accesswire press releases. Follow us on Accesswire, Twitter, Facebook and Google+.

About Us:

Woodman Holdings Asset Management Inc (WHAM Inc) is a diversified holdings company established for the purpose of investing in or acquiring businesses and distressed asset classes. We operate in four business areas: Investments, Proprietary Trading, Fine Art and Technology.

www.whamcorp.us

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.

Contacts:

Wham Inc, Investors Relations Department contact us via email at: investorrelations@whamcorp.us or for all general inquiries contact us via email at: info@whamcorp.us

SOURCE: Wham, Inc.

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