Ambicom to Develop Wireless Network Card for Major Manufacturer's Defibrillator


August 3, 2011

August 3, 2011 — AmbiCom Holdings Inc., developer of wireless products for medical equipment suppliers, announced that it has signed an agreement with a major medical device manufacturer to jointly develop a Wi-Fi card application for its cardiac defibrillator product.

The agreement calls for AmbiCom to design and develop a dual-band 802.11a/b/g/n Wi-Fi card for integration with the manufacturer's cardiac defibrillator product. The manufacturer will pay a fee of $470,000 for development of the software and hardware architecture of the card, including development, standard testing, and technical consultations.

AmbiCom has already received an upfront fee of $125,000, and management expects all work to be completed by Oct. 1, 2011. These fees do not include the follow-on revenue expected from the sales of the actual Wi-Fi cards to manufacturer post-development.

AmbiCom 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 innovative application software for both Wi-Fi and Bluetooth technologies.

For more information:

The content of this field is kept private and will not be shown publicly.
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.