AmbiCom Holdings, Inc. Patented Veloxum Active Optimization Product Is Ready for Commercialization in the Consumer Market
MILPITAS, CA--(Marketwired - Apr 1, 2015) - AmbiCom Holdings, Inc. (OTCQB: ABHI) today announced results of their beta test for their Patented Veloxum Enterprise-grade Active Optimization product in the consumer market. Beginning this past February we started deploying the Veloxum Active Optimization Product in the consumer with our joint development partners PC Drivers HeadQuarters (DHQ). During the testing phase it was found that in over 99% of consumer PCs installing the Activate Optimization showed optimization of their computer system.
"The jointly developed software is unique to the consumer marketplace and represents the first real optimization software that aims to upgrade overall system efficiency on an ongoing basis actively adapting to changing computer environmental factors. This is in stark contrast to traditional registry cleaners and other tune up optimizers, which generally only 'clean' Windows files and registry databases in a generally prescribed manner. Also, unique to the performance optimization software category in the consumer market is the ability to independently verify the performance enhancements delivered. No other performance tool in the space does this today," states Michael Hurd, Chief Executive Officer of PC Drivers Headquarters.
Based in Austin, Texas, privately held DHQ is the leading provider of automated support products that update and maintain the complex list of drivers on home PC products and has over 4 million active users. AmbiCom and DHQ have jointly developed the integration of the Veloxum application in to the current DHQ offering. This will add the capability of automated performance tuning to the current offering of PC Driver Support.
This joint venture with DHQ will give AmbiCom access to the global installed base of over 2,300,000,000 Personal Computers and grants access to a market valued at almost $69 billion (Gartner Research).
"As DHQ tunes in the marketing we anticipate a growing recurring revenue stream, achieving a full run rate by the end of the third month. Anyone experiencing sluggish performance from their PC should download and install our application," states Kevin Cornell, President of AmbiCom.
About the Veloxum Tuning Engine
Veloxum actively and continuously optimizes physical and virtual computers by optimizing operating system and application settings. It leverages the existing systems and computers by tuning the various components within their manufacturer supported settings. The solution enables all levels of computer users to maximize performance, increase workload density, and minimize costs. The Veloxum products have been certified by Microsoft, IBM, VMware, and Citrix.
Customers such as Watermark Industries, Colgate Palmolive, Integrated Axis, Taiwan Railway Administration, and Maimonides Medical Center are enjoying significant cost savings with Veloxum. Veloxum was founded in September, 2007 and was awarded the Gartner "Cool Vendor" award in 2012 in the category of infrastructure management.
About AmbiCom Holdings, Inc.
AmbiCom is headquartered in Milpitas, California, and was a leading designer and developer of innovative wireless hardware more than one million devices sold worldwide. Now it is focusing on tuning software products optimizing complex IT environments, servers, and personal computers. AmbiCom believes there are unique opportunities as a result of the sheer size of the IT, server, and PC marketplace and the Company's innovative approach and exemplary customer services. For more information, visit www.ambicom.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Although forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including but not limited to our ability to maintain our website and associated computer systems, our ability to generate sufficient market acceptance for our products and services, our ability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission from time to time which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
AmbiCom Holdings Inc.
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