MILPITAS, CA — (Marketwired) — 06/17/15 — AmbiCom Holdings, Inc. (OTCQB: ABHI) is pleased to announce that all systems are –go– regarding the full launch of their unique, active optimization offering for Personal Computers. The Veloxum PC active optimization software began limited release on April 2, 2015. This product is a cloud based offering that delivers to consumers the same performance features that were previously only available to large enterprises. Active Optimization automatically evaluates a computer–s workload and assets (network, memory, CPU and I/O) and adjusts the manufacturer–s supplied setting to deliver optimum performance.
In addition to the full launch of the consumer market, the Veloxum brand is also in initial marketing stages to Managed Service Providers (MSPs) that use the highly successful Kaseya Remote Monitoring and Management platform.
The addressable market for the PC offering is over 2,300,000,000 individual devices worldwide valued at almost $69 billion (Gartner Research).
The addressable market for the MSP offering is roughly 25,000 MSPs in a marketplace that is currently $155 billion.
“After exhaustive testing in these two high volume markets, we feel confident that we have a solid technology that is ready for prime time. Every single computer, be it a PC or a server, can benefit from proper tuning. We look forward to bringing this capability to the market,” states Kevin Cornell, President of AmbiCom Holdings, Inc., and co-founder of Veloxum.
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.
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 that optimize 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 .
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.
J.J. Hwang
AmbiCom Holdings, Inc.
(408) 321-0822 x301
Tom Nelson
TEN Associates LLC/Consultant
(480) 326-8577
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