MONARCH BAY, Calif., June 26, 2012
/PRNewswire/ -- Microelectronics Technology Co. (OTC-BB: MELY)
-- Microelectronics Technology Corporation is pleased to announce
its wholly owned subsidiary Cloud Data Corps's new business center
the Dynamo Server Division has completed the deployment of
dedicated servers to meet the needs of Cloud Data Corps existing
clientele and is now accepting new business for its new Point of
Presence or "POP" located in Vancouver,
British Columbia, Canada.
The Dynamo server division now is offering valued priced
dedicated server rentals to third party customers. The servers are
located within Canada in its
Vancouver, "POP".
This division is a response to the significant demand by the
company's customer base, creating a niche market for the company to
exploit with the assurance of an in place customer base upon
initiation.
"This will enable the company to begin booking revenues from the
Dynamo Server Division immediately, which is a significant
milestone for a developing Cloud Technology Company," states
company president Brett Everett "The
company is actively reviewing additional new potential clients to
expand the utilization of the dedicated server division at the
companies Vancouver 'POP.'"
In addition to the Dynamo dedicated server offering, the
Vancouver co-location will also
house Cloud Data Corps Sproq.com servers.
Sproq next generation cloud application hosting customers will
be able to start with a single Sproqet, as they need to scale up
they will be able to purchase additional Sproqets.
Sproq.com service is currently under development, with
developmental servers and hardware already deployed. Sproq.com is
now scheduled for launch third quarter 2012.
For further Information:
Microelectronics Technology Co.
President:
Mr. Brett Everett
1 866 587 2860
www.melypk.com
www.sproq.com
www.domainstutter.com
Forward-Looking Statements
This news release includes forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. While these statements are made to convey
Company progress, business opportunities and growth prospects,
readers are cautioned that such forward-looking statements
represent management's opinion. Whereas management believes such
representations to be true and accurate based on information and
data available to the Company at this time, actual results may
differ materially and are subject to risk and uncertainties.
Factors that may cause actual results to differ include without
limitation: dependence on key personnel and suppliers; MELY's
ability to commercialize its technology; ability to defend
intellectual property; material and component costs; competition;
economic conditions; consumer demand and product acceptance, and
availability of growth capital.
Additional considerations and risk factors are set forth in
reports filed on Form 8-K and 10-K with the SEC and other filings.
Readers are cautioned not to place undue reliance upon these
forward-looking statements; historical information is not an
indicator of future performance. The Company undertakes no
obligation to update publicly any forward-looking statements.
SOURCE Microelectronics Technology Co.