Cloud Data Corp's Subsidiary Dynamo Servers Platform as a Service
Exceeds Projections.
MONARCH BAY, Calif., Jan. 30, 2013
/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, is ahead of
internal projected revenues.
The Power of the Cloud is Exploding and "There's an
App for That!"
The new frontier for the Cloud is "Application Hosting". No
longer will software come a shrink wrapped box that need to be
loaded onto your personal computer or laptop. Instead, software
will be accessible through your internet browser, just like a
webpage, that you pay for as a service, also known as Software As A
Service or (SaaS).
A well respected independent research firm expects the global
cloud computing market to reach $241
billion in 2020 compared to $40.7 in 2010
According to the report, Software-as-a-Service (SaaS) offers
more growth opportunity than any other segment in the still largely
vague market for cloud computing services. SaaS will retain its
position as a leading segment in cloud computing with SaaS market
growing three-fold to $92.8 billion
by 2016, the report said.
Platform as a Service (PaaS):
Sproq.com is next
generation cloud web application hosting known as PaaS. This
segment of cloud computing is estimated to grow 30% a year and be
worth 9.8 billion in 2016.
Sproq PaaS provide an environment for developers and companies
to host and deploy applications more easily. Simply put, PaaS
companies shield developers from the hassle of setting up,
configuring, and managing things like servers and databases, so
that they don't have to see the infrastructure side.
PaaS is strategic and considered to be a critical growth driver
for other segments, including BPaaS (Business Process as a
Service) and SaaS (Software as a Service).
Here are some of the features users get when they rent PaaS
services on Sproq:
Automatic load scaling. As your traffic grows, Sproq will expand
your resources to handle the load
Pay only for what you use. You can also control how much we will
scale your app
Integrated version control. 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
Platform as a service sits in between IaaS (Infrastructure as a
Service) and SaaS (Software as a Service. Cloud management
and security services constitute a new forecast segment comprising
cloud security services, IT operations management (ITOM) and
storage management (including backup and recovery services). The
cloud management and security services segment is forecast to grow
to $3.3 billion in 2012.
Research firm IDC estimates that the worldwide public PaaS
market will grow from $2.6 billion in
2011 to $9.8 billion in 2016
representing a 30.9 percent annualized growth.
The Market
Cloud computing is a model for enabling
convenient, on-demand network access to a shared pool of
configurable computing resources (e.g., networks, servers, storage,
applications, and services) that can be rapidly provisioned and
released with minimal management effort or service provider
interaction. Cloud computing provides computation, software, data
access, and storage services that do not require end-user knowledge
of the physical location and configuration of the system that
delivers the services. Parallels to this concept can be drawn with
the electricity grid, wherein end-users consume power without
needing to understand the component devices or infrastructure
required to provide the service.
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" with expansion
plans for the next quarter to include Chicago and Dallas.
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.
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
1-949-436-9382
www.melylanding.com
www.clouddatacorp.com
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.
