AmbiCom Names Broadcom Executive as a New Advisor
San Jose, California (July 29, 2010) - AmbiCom Holdings, Inc. (OTCBB: ABHI,), a leader in the development of wireless products for medical equipment suppliers, today announced it has named Brian G. Bedrosian, Director of Marketing of Broadcom Corporation's Wireless LAN Business Unit, as an advisor to the company.
Brian Bedrosian has 20 years experience in digital communications and wireless technologies including mobile satellite, terrestrial microwave radio, DSL, and 802.11x. As Director of Marketing for Broadcom's Wireless LAN business unit, Bedrosian is responsible for its emerging deeply embedded Wi-Fi business that spans several segments, including health care, smart power and industrial. In this capacity he has been responsible for strategy, market development, and staffing and led an important acquisition supporting his line of business. Prior to this role, he was responsible for leading Broadcom's Wi-Fi product development for PC, broadband and gaming and was instrumental in driving the company to its current position as a market share leader.
Prior to joining Broadcom, Bedrosian was Director of Applications and New Product Introduction at Virata (which was acquired by Globespan/Conexant) where he was involved in DSL convergence products for both consumer and business products. He also held several development and marketing management positions at Applied Signal Technology during his career. He has co-authored several papers on digital receivers and spectrum management tools. He holds a BS degree in Electrical Engineering from the University of California, Davis.
AmbiCom is headquartered in San Jose, California, and is a leading designer and developer of wireless products focusing on the wireless medical industry. The Company's wireless modules and devices are based on the Company's innovative application software for both Wi-Fi and Bluetooth technologies. AmbiCom is committed to wireless design and development of software and hardware, and to bringing new and innovative products to the wireless medical markets and other sectors. The Company plans to grow organically, and to augment that growth by selectively acquiring complementary products and technologies via acquisition opportunities deemed to be of strategic value.
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 the 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 inability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by use in our reports filed with the U.S. Securities & Exchange Commission, which advise interested parties of the risks and factors that may affect our business, financial condition, results of operations 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.