Cloud Data Corporate Profile Business Overview; Next Generation Cloud Application Hosting

MONARCH BAY, Calif., March 7, 2012 /PRNewswire/ -- Microelectronics Technology Co. (OTC-BB: MELY.PK):

Microelectronics Technology Corporation, through the acquisition of Cloud Data Corporation, an Incubator of Internet Technologies, is positioned to capitalize on the exponential growth of today's technology market within Cloud Computing.

Cloud Data Corp allows Microelectronics Technology Corporation to differentiate itself within the technology market by providing leadership in the following areas:

• A provider of Cloud Computing Solutions for the last 3 years on an International basis with servers in multiple countries including the United States, Canada, and Europe.
• Owns proprietary patent pending Internet Technologies that set it apart in development and implementation.
• A model for enabling convenient, on-demand access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction.

Cloud Data Corp owns the proprietary operating platform DomainStutter, which is currently being utilized for the build out of the Company's internal advertising network.

Originally developed for the Domain Registry Parking Industry, with a successful application launch, the technology has revealed significantly greater opportunities in the development of web based network applications for web traffic generation and online sales models currently under development by the Company.

DomainStutter is a unique platform that is capable of deploying hundreds of websites extremely rapidly and efficiently enabling the propagation of content rich websites virtually within minutes.

DomainStutter is hooked into the cloud computing space through the utilization of Virtual Private Servers powered by XEN. In the Internet hosting service industry, virtual private servers fill a void between shared web hosting service and dedicated hosting service. They allow root-level access to individual clients without requiring physically dedicated servers. They are most widely used by businesses and individuals that need a customized solution that cannot be filled in a shared hosting environment.

Cloud Data Corp introduces Sproq.com.

Sproq.com application cloud hosting is next generation software and architecture for cloud computing consisting of:

• Automatic load scaling. As your traffic grows, Sproq will expand your resources to handle the load.
• Pay only for what you use, and only if your site is busy. If your site has low traffic, your hosting is almost free. You can also control how much to scale your application.
• Integrated version control. We keep track of all changes, and you can inspect or roll back code as needed.
• We support a wide range of languages and frameworks. Build your application in Python, Ruby, PHP, or other languages.
• Testing and staging instances, so you can check your changes before deploying to production.
• Pre-built application services that you can use to create your application quickly.

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 development servers and hardware already deployed. Sproq.com is scheduled for launch second quarter 2012 and Cloud Data Corp is planning for the first point of presence in Seattle, Washington.

A pre- beta launch sign up is available at www.sproq.com where invites will be sent out for our beta.

Cloud Data Corp Key Team Members:

President Mr. Shone Anstey:

Mr. Anstey's has been involved in the IT industry for over 14 years. As President of XPC Technology Services, Mr. Anstey currently specializes in online marketing and IT services. Key services include search engine optimization, social media marketing, and the provision of ecommerce solutions. Mr. Anstey also owns and operates Sitesubmit.ca, an online marketing and search engine optimization portal with over 10000 members. Mr. Anstey is a Microsoft Advertising Accredited Professional. Mr. Anstey has played pivotal roles in software development projects ranging from Forex desktop trade alert systems to cloud computing projects. From 2004-2007, he was VP – Business Development for Multimedia Technologies, Western Canada's largest supplier of software and video games. Projects included a roll out of internal operation systems for inventory and customer management and control, VoIP system integration, and ecommerce deployment. Multimedia Technologies continues to be a client of Mr.Anstey. Prior to this, Mr. Anstey was VP - Business Development for the Data Fortress Group, a data center with a local area metro connectivity via a 3.2 km fibre ring in downtown Vancouver along with layer 2 connection between Vancouver and Seattle. He was also co-founder of ianett search services, which created a scalable web crawler and Internet search engine.

Mr. James Oakley:

James Oakley has 11 years of network software development experience, particularly on the Linux platform. He has focused especially on high-performance network applications and has worked on billing gateways and network management systems in the hospitality industry. He closely follows Internet development trends and is well-versed in deployment technologies. He is also a member of the openSUSE Linux development community.

He has developed and deployed custom single-purpose Linux operating systems, high-availability cluster creation tools, network traffic control software, a gateway proxy designed to handle very heavy loads, a high-performance network testing and benchmarking system, and a multi-site deployment and management system with a distributed secure network grid and centralized control and monitoring. He has also developed software for embedded systems such as set-top boxes and factory machines.

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 ability to commercialize its technology; ability to defend intellectual property; 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 Corporation