MILPITAS, CA – Jul 29, 2015 – AmbiCom Holdings, Inc. (OTCQB: ABHI) today announced that the ramp up of the DHQ partnership selling its Active Optimization cloud service is gaining momentum in the consumer marketplace.
The Veloxum PC optimization software began limited release April 1st of this year. This product is a consumer version of the successful enterprise application that is currently in use by some of the largest IT departments such as Watermark Industries, Colgate Palmolive, Integrated Axis, Taiwan Railway Administration, and Maimonides Medical Center. The PC optimization version is a cloud based application that improves network performance, application responsiveness and user response times while reducing boot times for consumer Personal Computers.
AmbiCom Holdings, Inc. sells its Active Optimization cloud service through various partnerships under the brand name Veloxum. The consumer partnership gives 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). Including the initial test clients, AmbiCom has over 1.5 Million end point PCs under optimization management.
“Our partner has increased sales from 125 to 300 per day. When fully released we expect to see up to 2,000 new customers added daily, and this is in our consumer channel alone. All in all, very encouraging,” stated Kevin Cornell, President of AmbiCom Holdings Inc. and co-founder of Veloxum. “In an earlier release I forecasted that when fully ramped, I expect us to add more than 1,000,000 new paying customers in our first full year of operation. Let me confirm that forecast.”
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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.
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 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.
For more information, contact:
AmbiCom Holdings Inc.
(408) 321-0822 x301
TEN Associates LLC
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