AmbiCom Holdings Q1 Revenue Ramp Ahead of Schedule
MILPITAS, CA--(Marketwired - Aug 12, 2015) - AmbiCom Holdings, Inc. (OTCQB: ABHI) today announced that the market acceptance of their Active Optimization product is strong.
"In just two weeks we have been able to double our daily sales volume as our partners continue to open additional sales channels. This is an indication that there is a clear need for a product that automatically tunes a Personal Computer for higher performance," states Kevin Cornell, President of Ambicom Holdings Inc., and co-founder of Veloxum. "Our partners are now selling 600 licenses per day, with 2,200,000 total licenses issued to date."
About AmbiCom Holdings, Inc.
AmbiCom is headquartered in Milpitas, California, and is the leading supplier of cloud based optimization software for personal computers and servers worldwide. 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.
