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Veloxum Gaming Project Signs Josh “Bkid” Choi as Consultant

MILPITAS, CA — (Marketwired) — 09/30/14 — 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 Josh “Bkid” Choi has signed on as a consultant to help enter the massive gaming marketplace via enterprise server and home PC solutions to enhance performance for improved gaming-play and user experience.

As the former captain of the compLexity Heroes of Newerth squad, Bkid has a name that is synonymous with dominance in the competitive Heroes of Newerth scene. As one of the first DotA professional gamers to transition to Heroes of Newerth, Bkid joined up early with other strong players to form the classic team We Heart Pig. Though the team went through multiple name and line-up changes, becoming x6, Loaded, and eventually Evil Geniuses, the one thing that never changed was the top tier play you could expect from its members, especially Bkid. Though Evil Geniuses was able to capture first place in the Digital Youth Awards Singapore LAN finals in addition to multiple Golds in online events, the team was eventually dropped by their sponsor in mid 2011 and Bkid stepped back from the scene.

After a short hiatus, Bkid returned in late 2011 to form Team EZ, a team of super stars that ultimately failed to capture any major victories. After the all stars had gone their own ways, Bkid was picked up by the still relatively new Trademark eSports organization in early 2012. With Trademark, Bkid found both renewed success and the attention of compLexity Gaming, a premier organization looking to get back into Heroes of Newerth. Back to back first place finishes in major online tournaments followed by a 4 month streak of not dropping a series secured coL.HoN–s spot as the top team in the scene. Bkid is heralded as one of the best drafters and initiators in the scene, two skills that contribute to his team–s continued success.

“As an established professional gamer, Josh Choi provides us with great insight into the gaming marketplace and ways to improve our product to cater to gamers and home PC users,” stated John Hwang, Chairman and CEO of AmbiCom.

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.

Customers such as Watermark Industries, Baron Funds, Colgate Palmolive, Integrated Axis, Deutsche Bank, 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.

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 .

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 or 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
(480) 326-8577

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