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AmbiCom Holdings Inc. (ABHI.OB) is “One to Watch”

Headquartered in San Jose California, AmbiCom Holdings is a leading designer and developer of wireless products within the wireless medical industry. The company’s wireless modules and devices are based on innovative application software for both Wi-Fi and Bluetooth technologies. Committed to wireless design and development of software and hardware, as well as bringing new and innovative products to the wireless medical markets and other sectors, AmbiCom plans to grow organically while augmenting that growth by selectively acquiring complementary products and technologies.

AmbiCom was founded in 1997 in the heart of Silicon Valley. The company delivers its medical device OEM modules to global medical device companies including Cardinal Health/Carefusion, Siemens, Draeger and Roche. To date, AmbiCom has sold over 300,000 units to these clients. According to an ABI Research study, industry experts anticipate the wireless medical device and module category to be one of the fastest growing categories within the medical industry, expanding at approximately 57.8% per year through 2011.

In recent news, the company announced that it received a new $1.1 million purchase order from a major client for its Wi-Fi solution to be used in infusion pumps. The smart infusion technology, which has been developed by the major global corporations, leverages wireless capabilities to dramatically reduce medication errors and allow health care workers to continually monitor their patients’ drug usage. Selecting AmbiCom as a sole supplier for the wireless component in 2007, this is the client’s 5th purchase order.

AmbiCom also announced recently that it has engaged the services of Martin E. Janis & Company, Inc., the nation’s oldest investor relations firm, to carry out a financial relations/public relations program for the company. The program will include meetings for AmbiCom management with financial analysts, potential investors, retail brokers and others in the financial community throughout the country. The agency’s staff will also help publicize AmbiCom’s technologies and business results.

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