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On Tuesday, March 15, 2016, World Media & Technology Corp. [OTCQB: WRMT] announced that it will introduce an innovative collection of intelligent wearable products in the 385 Million Dollar health and lifestyle global markets later this year. This follows WOR(l)D’s recent unveiling and inaugural delivery of the popular stunning SPACE LUMINA™ Glasses – the first wearable computer - in Dubai in 2014.
SPACE LUMINA™ Glasses
With the success of SPACE LUMINA™ Glasses, WRMT is firmly committed to expanding its market share and product variety of wearable technologies for seamless functionality on its own international cutting-edge mCell 5GHz and additional mobile networks.
Fabio Galdi, CEO of WRMT: “We are particularly pleased to have our smart wearable product, SPACE LUMINA™ Glasses in the market ahead of Microsoft and many of our other competitors, and also to show the markets we can deliver innovative products from concept to profitable revenues. This is only the beginning for us. Every day, we receive tremendously positive feedback from our customers who have received our ground-breaking product, SPACE LUMINA™ Glasses. Our successful market deployment confirms our capability as an emerging leader in the global wearable tech market, which is set to explode.”
With its already extraordinary ROI in the sector, the company intends to invest further in order to introduce more exciting and innovative new products to its emergent global consumers. Hence the launching of Wor(l)d |Wear, the new business unit responsible for creating wearable health and lifestyle products in keeping with the company motto: ‘Join Wor(l)d and Change Your Lifestyle’.
Business Insider magazine projects that in two years or less, personal hi-tech networked wearable products will exceed the total populations of Canada and the United States. Analysts Murphy and Fischer of Piper Jaffrey posit that the wearable technology market will capture teenagers and adults particularly in developed countries or 1.08 billion, i.e. a 20-30% adoption rate or potentially 230-385 million units - wow! Furthermore, in its January 2016 report, Research and Market anticipates this market could reach $33.4 billion by the year 2020.
WOR(l)D looks forward to increasing value for its consumer base and profit growth for its Shareholders and Independent Business Consultants.
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