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Last $0.0020 USD
Change Today 0.0001 / 5.26%
Volume 5.7M
ABHI On Other Exchanges
As of 8:10 PM 11/30/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

500 Alder Drive

Milpitas, CA 95035

United States

Phone: 408-321-0822

Fax: 408-321-0826

AmbiCom Holdings, Inc. operates as a designer and developer of wireless products focusing on the wireless medical industry. The company’s wireless modules and devices are based on its application software and Wi-Fi or Bluetooth technologies. The company, through its subsidiary, Veloxum Corp. (Veloxum), focuses on developing its application to optimize server configuration settings based upon the company’s patented Active Continuous Optimization (ACO) Software, which helps realize the potential of both virtualized and physical servers and workstations in an IT infrastructure and could assist organizations solve various performance related requirements. In 2015, the company finished developing and integrating its automated optimization software applications into the offerings of a development and sales partner, which adds the capability of automated performance tuning to the customer’s offerings. The company is working to address various markets. The first targeted market is the personal computer consumer market for which the company launched its first consumer application in April 2015. The company anticipates introducing the Veloxum application to small and middle-market businesses serviced by managed service providers. Thereafter, the company intends to enter the enterprise, large-scale market place. The Veloxum optimization application is based on Veloxum’s ACO Software, which provides a common code base capable of addressing these disparate markets with minimal code modification. The company’s business strategy targets and prioritizes areas of need and problems that could be improved or solved through the application of wireless capabilities. Its wireless device solutions and applications include infusion pumps, heart monitoring machines, and glucose meters. The company sells its products through multi-channel distribution and original equipment manufacturer (OEM) channels. The company delivers its medical device modules to OEM companies, such as Roche and Zoll Medical. Products Optimization Solutions: Veloxum, the company’s newly developed and launched automated optimization software application, automatically tunes individual personal computers, servers and workstations to utilize their existing assets, network, memory, and CPU and disc input/output. Business Strategy The company’s strategy is to develop and maintain an application that could automatically evaluate and adjust the manufacturers’ supported settings to improve performance and capacity in all leading operating systems; develop application specific modules that could automatically evaluate and adjust the manufacturers’ supported settings for major applications (including VMware; Microsoft’s SharePoint, Outlook, Exchange and SQL server; and Citrix’ XenApp and XenDesktop); maintain technical alliances and certifications with Microsoft, IBM, VMware and Citrix; maintain technical, marketing and reseller relationships with major vendors selling complimentary products in its target markets; and expand sales worldwide through distributor in North America, South Korean and India. The company’s strategy is also to leverage its current customer base; capitalize on its competitive advantage of proprietary technology and software; and exploit the improving need for cost reduction. Research and Product Development In 2015, the general focus of the company’s research and development team has centered on the design and integration its optimization software tools. Through these efforts, the company intends to improve its existing products, design new tools, and develop solutions for customer applications. Competition The company competes with Cisco. History The company was founded in 2008. It was incorporated in the state of Nevada in 2008. The company was formerly known as Med Control, Inc. and changed its name to AmbiCom Holdings, Inc. in 2010.


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