Microelectronics Technology Co. wholly owned subsidiary Cloud Data Corp, reports exponential expansion of the Dynamo Servers Dedicated Hosting Platform.
MONARCH BAY, Calif., May 8, 2013 /PRNewswire/ -- Microelectronics Technology Co. (OTC PINK: MELY – News): Cloud Data Corp, a wholly owned subsidiary of Mely Corp, is pleased to announce a near 300 % expansion of their new dedicated server hosting platform offering, Dynamo Servers. www.dynamoservers.com
The company has contracted for premium additional rack space inside the carrier neutral facility owned and operated by Cologix Inc. in Vancouver, Canada.
The additional rack space will provide the ability for the company to continue to grow its client base beyond current capacity and allow for exponential expansion of the Dynamo Server division.
"Upon the successful build out of the additional rackspace the Dynamo Server Division will be cash flow positive, allowing the opportunity for organic growth of the business." stated company President Brett Everett. "The business model allows for steady organic growth without creating any long term corporate debt from business expansion."
The Dynamo Servers platform was built from the ground-up to accommodate the needs of modern dedicated server customers, with features that are unique to the market. A simplified pricing model was applied to an expansive configuration system, allowing for predictable pricing without the customization limitations or penalties that are common among providers. An API was built to allow for integration with custom software and 3rd-party services. Social features were added to enable a dialogue among customers and a level of transparency unheard of in the industry. As long-time dedicated server customers, the people behind Dynamo Servers built a platform that they would want to use themselves.
Cloud Data Corp is committed to bringing long-overdue cloud features to the dedicated hosting market. The Dynamo Servers platform will enable customers to easily build private clouds and custom Platform as a Service (PaaS) solutions. Cloud Data Corp is using the platform itself to build their upcoming Sproq.com Platform as a Service offering.
About Dynamo Servers
Dynamo Servers provide dedicated servers to clients through our point of presence in Vancouver, Canada. www.dynamoservers.com
About Cloud Data Corp
Cloud Data, a Nevada Corporation provides high availability dedicated web servers to small, medium and large companies under its brand www.dynamoservers.com. In addition Cloud Data Corp is actively developing its own cloud application hosting architecture known as PaaS (Platform as a Service) under the brand www.sproq.com.
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Microelectronics Technology Co.
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 statement.
SOURCE Microelectronics Technology Co.
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