Austin, TX --
February 08, 2018 -- Bravatek Solutions,
Inc. (OTCPink:
BVTK,
"Bravatek" or the "Company") announced in late January 2018
that it
had
executed a
worldwide
Joint
Venture with AmbiCom Holdings, Inc.
("AmbiCom")
whereby
AmbiCom
will promote,
sell and distribute its solutions by leveraging
Bravatek'
s expertise and
experience, with a focus on
the Government
and Telco markets. We announce today
that pending
lawsuits between AmbiCom and PC Drivers Headquarters LP
have been resolved by the execution of a
confidential settlement agreement.
Dr. Thomas A.
Cellucci, Bravatek's
Chairman
and CEO, commented:
"This
development allows our JV team to pursue clients more aggressively
without any potential interference, as well as pursue additional
market segments. It's now even easier
for the US
Government to acquire solutions that have been shown to increase
productivity and reduce costswith more
capabilities."
Mr. Kevin
Cornell, CEO of AmbiCom Holdings,
Inc., stated: "This settlement was a long
time coming and we are very pleased with the
outcome. It makes AmbiCom more
valuable as well as enhances the value of our JV with
Bravatek."
About Bravatek Solutions, Inc.
Bravatek
Solutions, Inc. is a high technology security solutions portfolio
provider that assists corporate entities, governments and
individuals protect their organizations against both physical and
cyber-attacks through its offering of the most
technically-advanced, cost-effective and reliable software, tools
and systems.
For more
information, visit www.bravatek.com
About AmbiCom Holdings,
Inc.
Certified by
IBM, Microsoft, Citrix and VMware, AmbiCom's on-premises and
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 and
used by companies
like Deutsche Bank, Colgate, Maimonides Hospital, IBM, UNHCR, and
TPG Axon, AmbiCom improves overall performance
by at least 30%, and a single application procedure can
increase network utilization by over 400% with no additional
hardware or software.
For more
information, visit ambicom.com
Safe Harbor Statement
This press
release contains certain "forward-looking statements," as defined
in the United States Private Securities Litigation Reform Act of
1995, that involve a number of risks and uncertainties. There can
be no assurance that such statements will prove to be accurate and
the actual results and future events could differ materially from
management's current expectations. The economic, competitive,
governmental, technological and other factors identified in the
Company's previous filings with the Securities and Exchange
Commission may cause actual results or events to differ materially
from those described in the forward looking statements in this
press release. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
Media contact:
Bravatek
Solutions,
Inc.
Ambicom
Holdings
Inc
media@bravatek.com
media@ambicom.com
1.866.490.8590
1.408.757.0715