SOURCE: AmbiCom Holdings, Inc.

AmbiCom Holdings, Inc.

April 08, 2014 09:00 ET

AmbiCom Receives Fifth Order From Leading Embedded Systems Provider

MILPITAS, CA--(Marketwired - Apr 8, 2014) - AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of innovative wireless products for the medical and automotive verticals, and a distributor of innovative healthcare products that has sold more than one million devices worldwide, today announced a fifth consecutive order for their WL250N-USB WiFi dongles from one of the world's leading providers and distributors of embedded systems.

"We are proud to announce a fifth consecutive order from one of the world's leading embedded systems providers," said AmbiCom Chairman and CEO John Hwang. "Along with being a repeat customer, they have doubled their recurring order from previous requests."

In addition to recurring revenue from per-device sales, the company benefits from repeat customers due to its high quality of service and innovation that it offers relative to its industry peers.

AmbiCom's WL250N-USB WiFi dongles are backwards compatible with 2.4GHZ 802.11b/g standards and supports data transmission rates up to 150Mbps, and has a better coverage distance than standard 802.11g products. Key competitive advantages include portability, mixed mode security, and easy set-up secure wireless network features.

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.

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.

Contact Information

  • Contacts

    J.J. Hwang
    AmbiCom Holdings Inc.
    (408) 321-0822 x301
    jj@ambicom.com

    Tom Nelson
    TEN Associates LLC
    (480) 326-8577