Initial Rollout of Consumer PC Optimization by AmbiCom Is Encouraging
MILPITAS, CA--(Marketwired - Apr 22, 2015) - AmbiCom Holdings, Inc. (OTCQB: ABHI) today announced that the initial indicators for its consumer product are very encouraging. The Veloxum PC optimization software began limited release on April 2, 2015. This product is a consumer version of the successful enterprise application. The enterprise version focuses on improving performance and capacity on server based infrastructure for large corporations by automating the tedious tasks of manually tuning servers and workstations. This PC optimization version is a cloud based application that improves network performance, application responsiveness and user response, while reducing boot times for consumer Personal Computers.
AmbiCom Holdings, Inc. has partnered with PC Drivers Headquarters (DHQ) of Austin, TX. DHQ has a 20 year history of successfully servicing the consumer marketplace with its own PC driver management application.
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).
"Although we are only a couple of weeks into the rollout and we are still ramping up volume, we are very pleased with both the market acceptance and functionality of our new cloud offering. We have a database of over 1.2 million distinct users and we are adding a few hundred paying customers per day. When fully ramped, I expect us to add more than 1,000,000 new paying customers in our first full year of operation," states Kevin Cornell, President of AmbiCom Holdings, Inc. and co-founder of Veloxum.
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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 with 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 service. 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 of 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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