AmbiCom Holdings, Inc. (OTC Pink: ABHI) is engaged in the business of designing and developing of wireless medical devices and healthcare products. Shares of the wireless device and healthcare company are climbing 38.10%, through early trading on Friday, February 24, 2017. Over the past three months, AmbiCom Holdings, Inc. has seen average daily volume of 13.41 million shares. However, volume of 48.94 million shares or dollar volume of $151,714, has already exchanged hands early Friday.
Shares of AmbiCom Holdings, Inc. are rallying Friday, after the company announced that it has entered into a licensing agreement with Voosh, Inc., which specializes in software optimization. The agreement will help AmbiCom Holdings, Inc. grow clients within the enterprise and SMB markets. Here is the full press release detailing of the licensing agreement:
AmbiCom Holdings, Inc. Press Release:
SAN JOSE, CA / ACCESSWIRE / February 23, 2017 / AmbiCom Holdings (OTC PINK: ABHI) announced today we have reached a licensing and distribution agreement with Voosh LLC, the industry leader in optimization software.
New AmbiCom CEO, Alain Lewand stated, “We are extremely excited to be working with Voosh and it’s management in partnering to bring this technology to potential new clients around the world.” “With AmbiCom’s innovative and industry leading software, the agreement will allow AmbiCom to expand its growing client base to the Enterprise and SMB markets and increase revenues.”
Voosh CEO Kevin Cornell added, “As the founder of the company that created Ambicom’s optimization software, I was very excited to enter into an exclusive agreement with AmbiCom to bring this innovative optimization software to new clients worldwide.”
Certified by IBM, Microsoft, Citrix and VMware, Voosh’s cloud based optimization software unlocks the trapped performance in today’s computers by using the manufacturers’ supplied tools to adjust configuration settings based on type of workload and assets available.
Currently installed on over 4,000,000 PC’s and servers in the Consumer Market space and used by companies like Deutsche Bank, Colgate, Maimonides Hospital, IBM, UNHCR, and TPG Axon, Voosh improves overall performance by at least 30%. and, single application procedure can increase network utilization by over 400% with no additional hardware or software.
ABOUT AmbiCom Holdings, Inc.:
Under new management, AmbiCom will focus on existing relationships and look to expand our market share in the technology fields. We will be looking to bring in new revenue, along with focusing on agreements with other technology partners to license and distribute their products.