Update on Ambicom Holdings Inc vs PC Drivers lawsuits
October 05 2017 - 9:00AM
InvestorsHub NewsWire
Update on Ambicom Holdings Inc vs PC Drivers
lawsuits
SANTA CRUZ, CA -- October 5, 2017
-- InvestorsHub NewsWire --
AmbiCom Holdings, Inc. (OTCPS:
ABHI), the leading provider of cloud based Active Optimization
services for Personal Computers and servers, today announced that
it is moving forward with its lawsuits against PC Drivers of
Austin, TX centering around contract disputes and unpaid fees.
On the morning of Tuesday, October
3rd, , 2017 lawyers for both sides met in Austin, TX
with Judge Earl Leroy Yeakel III, of the U.S. District Court for
the Western District of Texas. A schedule of events was
agreed, culminating in a court date in the month of October,
2018.
“Ambicom will prosecute our legal
rights to the full extent of the law. Ambicom has yet to
receive any royalties from PC Drivers, even though they are
extensively selling our patented technology into the consumer
marketplace. Although you can never predict the outcome of
court cases, I feel confident our actions are based on solid legal
grounds.” stated Kevin Cornell. “I will not stand by while
Mike Hurd and PC Drivers take money out of the pockets of the
shareholders of Ambicom Holdings Inc. We intend to quantify
exactly how much money has been made from our technology and be
aggressive in our actions to retrieve what is rightfully
due.”
About AmbiCom Holdings,
Inc.
AmbiCom Holdings Inc., headquartered in Santa
Cruz, California, searches out, acquires and/or invests in unique
technologies that have the potential for wide adoption in large
markets. AmbiCom looks for mature management teams that have
a history of successfully converting new concepts into
products.
Of particular interest are high margin products
that have the ability to enhance user’s experience while generating
a positive return on investment.
We are acutely aware of our responsibility to
the investors that have placed their trust in our abilities to
effectively manage the assets of AmbiCom on their
behalf.
For more information, visit www.ambicom.com.
About Voosh
Ambicom Holdings recently acquired
the assets of Voosh LLC. The assets included software that
improves the performance of servers and workstations through the
automatic evaluation and adjustment of the manufacturers’ supplied
settings. The Voosh application has been certified by
Microsoft, IBM, VMware and Citrix in independent evaluations.
It has also won the ‘Cool Vendor’ award from Gartner in the area of
infrastructure tools. Voosh is located in Santa Cruz,
CA.
For more information visit vooshtech.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.
Contacts
Paul McGee
AmbiCom Holdings Inc
pmcgee@ambicom.com
(408) 757-0715