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AmbiCom Names Arthur Lu Director of Sales

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  Published in Business and Finance on Thursday, June 10th 2010 at 6:10 GMT by Market Wire
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SAN JOSE, CA--(Marketwire - June 10, 2010) - AmbiCom Holdings, Inc. (OTCBB: [ ABHI ]) today announced that the company has named Arthur Lu, a 15-year veteran of the technical industry, with a proven history of results, as Director of Sales. The announcement was made by John Hwang, Chief Executive Officer of AmbiCom.

In this new position, Lu will spearhead the international sales team to further strengthen the market leading position in wireless medical industry.

Lu has a strong history of success. Most recently he was employed at Edimax Technology where he defined and executed sales and marketing strategies for the US Markets. Prior to that, he worked with AMIT Technology, Edimax Technology and Utron Technology after coming to the United States in 1999.

Prior to his arrival in the US, from 1992 to 1997 he worked in Taiwan at CNet Technology and before that he was involved in product management and development, holding positions that included Product Management Director, Product Development Manager and Product Development Engineer at companies in Taiwan that included CNet, Promise Technology and NDC Technology.

Lu's electronic engineering degree is from the National Taipei Institute of Technology.

About AmbiCom

AmbiCom is headquartered in San Jose, California, and is a leading designer and developer of wireless products focusing on the wireless medical industry. The Company's wireless modules and devices are based on the Company's innovative application software for both Wi-Fi and Bluetooth technologies. AmbiCom is committed to wireless design and development of software and hardware, and to bringing new and innovative products to the wireless medical markets and other sectors. The Company plans to grow organically, and to augment that growth by selectively acquiring complementary products and technologies via acquisition opportunities deemed to be of strategic value.

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 the 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 inability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by use in our reports filed with the U.S. Securities & Exchange Commission, which advise interested parties of the risks and factors that may affect our business, financial condition, results of operations 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.