INVESTOR RELATIONS Press Releases Sep 30, 2015 - AmbiCom Holdings Enters PC Bangs Optimization Market in South Korea

 

AmbiCom Holdings Enters PC Bangs Optimization Market in South Korea

 

 

MILPITAS, CA--(Marketwired - Sep 30, 2015) - AmbiCom Holdings, Inc. (OTCQB: ABHI), the leading provider of cloud based Active Optimization services for Personal Computers and servers, has entered the South Korean market of PC Bangs.

PC Bangs are LAN based gaming centers where patrons can play multiplayer computer games for an hourly fee. These PC Bangs (or PC rooms) are very popular with students and professionals that want a gaming experience that is separate from normal computer use. There are approximately 10,000 PC Bangs located in South Korea, with an average of 100 high speed workstations in each location. This market represents a potential annual recurring revenue of $40,000,000 for Ambicom.

Initial testing has shown that the Active Optimization software was able to improve network transfer speed of a South Korean based workstation by 50X, making the gaming experience much more effective for the player.

"We believe that a PC Bang operator can offer his customers a superior gaming experience with workstations that have been optimized. As well, optimization can extend the life of a workstation reducing the capital cost invested by the PC Bang operation," stated H.S. Lee, President of Asian markets for Ambicom and previously President and country manager for Intel Korea.

"We are always looking for niche markets for our Active Optimization software where we can improve use experience while improving return on investment for the purchaser. PC Bangs clearly fits this criteria," stated Kevin Cornell, President of Ambicom Holdings, Inc.

About Veloxum Performance Tuning Software

Veloxum actively and continuously optimizes physical and virtual infrastructure by optimizing operating system and application settings. It leverages the existing systems and infrastructure by tuning the various components within their manufacturer supported settings. The solution enables IT organizations to maximize performance, increase workload density, and minimize virtualization costs, ultimately spending less on the physical infrastructure, thus dramatically reducing CAPEX and OPEX expenditure.

Customers such as Watermark Industries, Baron Funds, Colgate Palmolive, Integrated Axis, Deutsche Bank, the United States Department of Energy, 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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