Latest Ambicom Holdings Inc (ABHI) Headlines
Two Ways to Invest in the Wireless Revolution
ACCESSWIRE - Tue Feb 18, 9:00AM CST
Most people thought Matt Rogers and Tony Fadell were crazy to leave Apple Inc. (NASDAQ: AAPL) in 2010 to try and start-up a small company focused on wireless home automation. Without any initial startup funding, the two bootstrapped a prototype thermostat that they eventually used to raise money from Google Inc. (NASDAQ: GOOG) and other investors. Over the next three years, the two grew the company to over 200 employees and shipped between 40,000 and 50,000 thermostats per month.
Pelican Point Capital Partners, LLC., Has Established a Presence in Silicon Valley and Is Pleased to Announce That John Hwang Has Joined Its Technology Advisory Board; Both Moves Strengthen the Firm's Focus in Technology Ventures
Business Wire - Tue Feb 11, 5:53PM CST
Pelican Point Capital Partners, LLC., announces the establishment of its Silicon Valley presence and appointment of John Hwang as an adviser to its board strengthening its technology focus.
AmbiCom Benefits from Unique Business Model
ACCESSWIRE - Tue Jan 28, 9:00AM CST
The medical device industry has been a strong performer over the past year despite a new tax levied by the Obama Administration. In fact, the iShares Dow Jones Medical Device ETF (NYSE: IHI) has outperformed the S&P 500 SPDR ETF (NYSE: SPY) by about 9.5% over the past 52 weeks with a solid 33.5% total return.
Provision of Bipartisan Spending Bill Would Delay Some NFIP Rate Increases
Jeff Jeffrey - AMBest - Tue Jan 14, 4:03PM CST
A $1.1 trillion omnibus spending bill introduced in Congress on Jan. 14 would delay flood insurance rate increases for some policyholders for the remainder of the fiscal year.
3 Profitable Stocks to Watch in the OTC Space
ACCESSWIRE - Thu Jan 02, 10:09AM CST
Micro-cap companies trading over-the-counter tend to trade under the radar of most institutional investors and many individual investors. While many of these companies are riskier early stage ventures, there are several profitable and growing companies that mainstream investors may want to consider. In this article, we'll explore three such profitable and growing OTC companies.
AmbiCom's Growth Suggests That It Is Undervalued
ACCESSWIRE - Tue Dec 03, 8:45AM CST
The wireless medical device industry is expected to grow from $23.8 billion in 2012 to $59.7 billion by 2018, according to Research and Markets, due to increasing demand for remote patient monitoring and diagnostics, aging populations, and growing hospital deficits. Researchers added that wireless network technologies represent the largest market segment within this market and will continue to be the largest contributor over the coming years.
Medical Device Market Ready to Cut the Cord
ACCESSWIRE - Tue Nov 05, 9:01AM CST
Medical devices may be finally ready to cut the cord after the U.S. Food and Drug Administration ("FDA") issued its final guidance on wireless medical devices.
AmbiCom FY 2013 revenue up 120%
M2 - Wed Oct 30, 12:20PM CDT
AmbiCom Holdings, Inc. (OTC: ABHI) said that for its fiscal year ended July 31, 2013, total revenues increased 120%, from USD1,502,676 to USD3,300,472, due to increased demand for its wireless solutions, as the market transitions from traditional wired solution to wireless connectivity.
AmbiCom Targets The Wireless Medical Device Niche
ACCESSWIRE - Thu Sep 05, 9:01AM CDT
The U.S. medical device market alone was worth an estimated $127.1 billion in 2013, with per capita spending of $399 on such devices, according to Espicom Business Intelligence. With companies like Medtronic Inc. (NYSE: MDT) and Baxter International Inc. (NYSE: BAX) outperforming the S&P 500 over the past 52-weeks, investors seem to believe that this outperformance will continue for the foreseeable future as shares surge higher.
AmbiCom Announces New Order From Major Automotive Manufacturer
Marketwire - Tue Jun 18, 8:00AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that it has received a $200,000 order for their WL54-CF WiFi cards to be used in the world's largest automotive manufacturer's diagnostic device found in automobiles. AmbiCom has supplied WiFi cards to this manufacturer in the past and this represents the sixth order for the company to this customer. Delivery is expected to occur during the fourth calendar quarter of this year.
AmbiCom Reports Third Quarter Sales and Earnings -- Revenue, Profitability and Working Capital Continues to Increase Substantially -- Marking a Full Year of Profitability
Marketwire - Mon Jun 10, 8:30AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced for its fiscal third quarter ending April 30, 2013, the Company reported revenue of $698,570 with net income of $86,595 or $0.008 per share. This compared to revenue for the same period in 2012 of $458,040 and net income of $18,870 or $0.003 per share. For the six months ended April 30, 2013, revenues were $2,331,492 with net income of $387,537 or $0.037per share, compared to revenues of $1,065,801 and a net loss of $513,338 or $0.075 per share for the same period one year ago. The significant increase in revenue -- 53% for the three month period year over year and 119% for the six months year over year -- continues to be the result of increased demand by customers for some of the company's newer wireless cards that are being introduced. The company expects revenue from this newer product to continue to inc
AmbiCom Announces Additional $1.2 Million Order for WL54-CF CompactFlash Product for Glucose Meters
Marketwire - Mon Mar 18, 8:45AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that they have received an additional $1.2 million order for their WL54-CF CompactFlash product to be used in a major company's glucose meter products. This order is an addition to the previously announced $380,000 order expected to be delivered in the second quarter of 2013. The new $1.2 million order is due for delivery in the third quarter of 2013. This client has purchased more than $3 million worth of AmbiCom WL54-CF products during the past five years.
AmbiCom Announces $380,000 Order for WL54-CF CompactFlash Product for Glucose Meters
Marketwire - Tue Mar 12, 8:05AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that they have received a $380,000 order for their WL54-CF CompactFlash product to be used in a major company's glucose meter products. Delivery of the CompactFlash units is expected to take place in the second quarter of 2013. This client has purchased more than $3 million worth of AmbiCom WL54-CF products during the past five years.
AmbiCom Reports Second Quarter Sales and Earnings -- Revenue, Profitability and Working Capital Continues to Increase Substantially
Marketwire - Mon Mar 11, 10:48AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced for the second quarter ending January 31, 2013, a reported revenue of $785,717 with net income of $154,322 or $0.015 per share. This compared to revenue for the same period in 2012 of $458,813 and a net loss at the time of $39,377 or $0.006 per share. For the six months ended January 31, 2013, revenues were $1,632,921 with net income of $300,943 or $0.029 per share, compared to revenues of $607,760 and a net loss of $532,208 or $0.078 per share for the same period one year ago. The significant increase in revenue -- 71% for the three month period year over year and 169% for the six months year over year --- is a result of increased demand by customers for some of the company's newer wireless cards that are being introduced. The company expects revenue from this newer product to continue to increase along wi
AmbiCom Announces $200,000 Order for Wireless Communication Devices for Defibrillators
Marketwire - Tue Jan 08, 7:29AM CST
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that it has received a $200,000 order for wireless communication devices to be used for defibrillators developed and marketed by a major company in the medical technology industry. Delivery of the product is expected to take place in the second quarter of 2013. AmbiCom has provided products to this company in the past where total orders from this company alone exceed $1,000,000.
AmbiCom Announces Order for Its CompactFlash Cards to Be Used for Patient Monitoring Systems
Marketwire - Mon Dec 17, 8:00AM CST
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that they have received an order totaling $180,000 for their wireless CompactFlash cards. The CF cards will be used in patient monitoring systems that are manufactured by a major medical technology company based in Germany. The order is expected to be shipped to the customer in early 2013.
Two Ways to Invest in the Wireless Revolution
ACCESSWIRE - Tue Feb 18, 9:00AM CST
Most people thought Matt Rogers and Tony Fadell were crazy to leave Apple Inc. (NASDAQ: AAPL) in 2010 to try and start-up a small company focused on wireless home automation. Without any initial startup funding, the two bootstrapped a prototype thermostat that they eventually used to raise money from Google Inc. (NASDAQ: GOOG) and other investors. Over the next three years, the two grew the company to over 200 employees and shipped between 40,000 and 50,000 thermostats per month.
Pelican Point Capital Partners, LLC., Has Established a Presence in Silicon Valley and Is Pleased to Announce That John Hwang Has Joined Its Technology Advisory Board; Both Moves Strengthen the Firm's Focus in Technology Ventures
Business Wire - Tue Feb 11, 5:53PM CST
Pelican Point Capital Partners, LLC., announces the establishment of its Silicon Valley presence and appointment of John Hwang as an adviser to its board strengthening its technology focus.
AmbiCom Benefits from Unique Business Model
ACCESSWIRE - Tue Jan 28, 9:00AM CST
The medical device industry has been a strong performer over the past year despite a new tax levied by the Obama Administration. In fact, the iShares Dow Jones Medical Device ETF (NYSE: IHI) has outperformed the S&P 500 SPDR ETF (NYSE: SPY) by about 9.5% over the past 52 weeks with a solid 33.5% total return.
Provision of Bipartisan Spending Bill Would Delay Some NFIP Rate Increases
Jeff Jeffrey - AMBest - Tue Jan 14, 4:03PM CST
A $1.1 trillion omnibus spending bill introduced in Congress on Jan. 14 would delay flood insurance rate increases for some policyholders for the remainder of the fiscal year.
3 Profitable Stocks to Watch in the OTC Space
ACCESSWIRE - Thu Jan 02, 10:09AM CST
Micro-cap companies trading over-the-counter tend to trade under the radar of most institutional investors and many individual investors. While many of these companies are riskier early stage ventures, there are several profitable and growing companies that mainstream investors may want to consider. In this article, we'll explore three such profitable and growing OTC companies.
AmbiCom's Growth Suggests That It Is Undervalued
ACCESSWIRE - Tue Dec 03, 8:45AM CST
The wireless medical device industry is expected to grow from $23.8 billion in 2012 to $59.7 billion by 2018, according to Research and Markets, due to increasing demand for remote patient monitoring and diagnostics, aging populations, and growing hospital deficits. Researchers added that wireless network technologies represent the largest market segment within this market and will continue to be the largest contributor over the coming years.
Medical Device Market Ready to Cut the Cord
ACCESSWIRE - Tue Nov 05, 9:01AM CST
Medical devices may be finally ready to cut the cord after the U.S. Food and Drug Administration ("FDA") issued its final guidance on wireless medical devices.
AmbiCom FY 2013 revenue up 120%
M2 - Wed Oct 30, 12:20PM CDT
AmbiCom Holdings, Inc. (OTC: ABHI) said that for its fiscal year ended July 31, 2013, total revenues increased 120%, from USD1,502,676 to USD3,300,472, due to increased demand for its wireless solutions, as the market transitions from traditional wired solution to wireless connectivity.
AmbiCom Targets The Wireless Medical Device Niche
ACCESSWIRE - Thu Sep 05, 9:01AM CDT
The U.S. medical device market alone was worth an estimated $127.1 billion in 2013, with per capita spending of $399 on such devices, according to Espicom Business Intelligence. With companies like Medtronic Inc. (NYSE: MDT) and Baxter International Inc. (NYSE: BAX) outperforming the S&P 500 over the past 52-weeks, investors seem to believe that this outperformance will continue for the foreseeable future as shares surge higher.
AmbiCom Announces New Order From Major Automotive Manufacturer
Marketwire - Tue Jun 18, 8:00AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that it has received a $200,000 order for their WL54-CF WiFi cards to be used in the world's largest automotive manufacturer's diagnostic device found in automobiles. AmbiCom has supplied WiFi cards to this manufacturer in the past and this represents the sixth order for the company to this customer. Delivery is expected to occur during the fourth calendar quarter of this year.
AmbiCom Reports Third Quarter Sales and Earnings -- Revenue, Profitability and Working Capital Continues to Increase Substantially -- Marking a Full Year of Profitability
Marketwire - Mon Jun 10, 8:30AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced for its fiscal third quarter ending April 30, 2013, the Company reported revenue of $698,570 with net income of $86,595 or $0.008 per share. This compared to revenue for the same period in 2012 of $458,040 and net income of $18,870 or $0.003 per share. For the six months ended April 30, 2013, revenues were $2,331,492 with net income of $387,537 or $0.037per share, compared to revenues of $1,065,801 and a net loss of $513,338 or $0.075 per share for the same period one year ago. The significant increase in revenue -- 53% for the three month period year over year and 119% for the six months year over year -- continues to be the result of increased demand by customers for some of the company's newer wireless cards that are being introduced. The company expects revenue from this newer product to continue to inc
AmbiCom Announces Additional $1.2 Million Order for WL54-CF CompactFlash Product for Glucose Meters
Marketwire - Mon Mar 18, 8:45AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that they have received an additional $1.2 million order for their WL54-CF CompactFlash product to be used in a major company's glucose meter products. This order is an addition to the previously announced $380,000 order expected to be delivered in the second quarter of 2013. The new $1.2 million order is due for delivery in the third quarter of 2013. This client has purchased more than $3 million worth of AmbiCom WL54-CF products during the past five years.
AmbiCom Announces $380,000 Order for WL54-CF CompactFlash Product for Glucose Meters
Marketwire - Tue Mar 12, 8:05AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that they have received a $380,000 order for their WL54-CF CompactFlash product to be used in a major company's glucose meter products. Delivery of the CompactFlash units is expected to take place in the second quarter of 2013. This client has purchased more than $3 million worth of AmbiCom WL54-CF products during the past five years.
AmbiCom Reports Second Quarter Sales and Earnings -- Revenue, Profitability and Working Capital Continues to Increase Substantially
Marketwire - Mon Mar 11, 10:48AM CDT
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced for the second quarter ending January 31, 2013, a reported revenue of $785,717 with net income of $154,322 or $0.015 per share. This compared to revenue for the same period in 2012 of $458,813 and a net loss at the time of $39,377 or $0.006 per share. For the six months ended January 31, 2013, revenues were $1,632,921 with net income of $300,943 or $0.029 per share, compared to revenues of $607,760 and a net loss of $532,208 or $0.078 per share for the same period one year ago. The significant increase in revenue -- 71% for the three month period year over year and 169% for the six months year over year --- is a result of increased demand by customers for some of the company's newer wireless cards that are being introduced. The company expects revenue from this newer product to continue to increase along wi
AmbiCom Announces $200,000 Order for Wireless Communication Devices for Defibrillators
Marketwire - Tue Jan 08, 7:29AM CST
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that it has received a $200,000 order for wireless communication devices to be used for defibrillators developed and marketed by a major company in the medical technology industry. Delivery of the product is expected to take place in the second quarter of 2013. AmbiCom has provided products to this company in the past where total orders from this company alone exceed $1,000,000.
AmbiCom Announces Order for Its CompactFlash Cards to Be Used for Patient Monitoring Systems
Marketwire - Mon Dec 17, 8:00AM CST
AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that they have received an order totaling $180,000 for their wireless CompactFlash cards. The CF cards will be used in patient monitoring systems that are manufactured by a major medical technology company based in Germany. The order is expected to be shipped to the customer in early 2013.
