|By Marketwired .||
|July 8, 2014 09:08 AM EDT||
MILPITAS, CA -- (Marketwired) -- 07/08/14 -- AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of innovative wireless hardware and tuning software products targeting the healthcare market and optimizing complex IT environments with more than one million devices sold worldwide, today announced that the Veloxum solution is now fully integrated with the Kaseya Virtual System Administrator (VSA).
The Veloxum automated server and workstation tuning solution can now be taken advantage of by Managed Service Providers (MSP's) using the Kaseya platform while solely operating within the Kaseya console. Tuning changes are logged, performance improvements are measured, and all of this data can be accessed using Kaseya generated reports, ready for customer consumption. This solution eliminates customer complaints about excess capital costs, slow backups, poor cloud performance, and sluggish response. Specific extensions have been created for SharePoint, Outlook, Exchange, SQLserver, Oracle, and the cloud.
According to Research and Markets, the MSP marketplace is expected to grow from $142.8 billion in 2013 to $256.1 billion in 2018, a 12.4% CAGR. There are roughly 25,000 MSP's of all sizes operating within this marketplace. The largest MSP platform for remote management is the Kaseya VSA. .
About Veloxum Performance Tuning
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.
MSP's such as Integrated Axis, Timbukteck, Adaptive Technology Group and Preferred IT Group, along with corporate customers such as Watermark Industries, Colgate Palmolive, IBM, 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 is a leading designer and developer of wireless products focusing on Wi-Fi and Bluetooth® applications for the wireless medical, healthcare and automotive industries. AmbiCom purchases standard wireless products and designs and develops features and packaging to customize these products to its target OEM markets, including a new SDIO card to be sold to its OEM customers. AmbiCom believes there are unique opportunities as a result of the sheer size of the wireless healthcare market and the Company's innovative approach and exemplary customer services. AmbiCom also designs and develops wireless home medical devices for non-health care applications for the retail market, including solar ionic toothbrushes that in general utilize light to activate an ionic process to remove plaque. The Company also expects to continue to expand on its non-recurring engineering projects. 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.
AmbiCom Holdings Inc.
(408) 321-0822 x301
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