INVESTOR RELATIONS Press Releases April 28, 2015 - Former Intel Korea Country Manager Joins AmbiCom's Veloxum Project for Asia

Former Intel Korea Country Manager Joins AmbiCom's Veloxum Project for Asia

 

 

MILPITAS, CA--(Marketwired - Apr 28, 2015) - AmbiCom Holdings, Inc. (OTCQB: ABHI) today announced that Hee Sung (H.S.) Lee will lead the Veloxum product expansion into Asia starting May 1st, 2015. HS Lee was the Country Manager of Intel Korea Limited from 2005 to early 2015.

Within 8 years as the Country Manager, revenue increased by $1 Billion (from $1B to $2B) under HS Lee. He had been leading collaboration with Top tier OEM customers including Samsung and LGE. Mr. Lee has developed new business opportunities such as IOT, HPC, SDN/NFV, and embedded business. He strengthened Intel's brand reputation through CSR and Student mentoring and lecturing.

Prior to the role of Country Manager, HS was Director of Communication Marketing & Sales of Intel Asia Pacific. In this capacity, he was responsible for sales and marketing of all communication components, standard building blocks for wireless clients and infrastructure, and converged communication building blocks to Intel's OEM and Distribution customers in the Asia Pacific Region.

"HS Lee brings many great, exciting prospects for us," stated AmbiCom CEO John Hwang. "From his numerous high-level, decision-making connections along with his industry knowledge and insight, we foresee great expansion into Asia for both enterprise and consumer sales."

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.

Forward-Looking Statements

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.

Contacts

J.J. Hwang
AmbiCom Holdings Inc.
(408) 321-0822 x301
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