May 22, 2012 www.thewebtechblog.com
The webtech blog is a social media blog portal, which introduces potential investors, specific to the Internet and web technology industry, to the Sponsor company profile and allows for Microelectronics Technology Corporation to gain a first step into social media in an effort to enhance shareholder communications and corporate visibility.
Poltential Investors or potential customers can follow the companys developments by subscribing to the rss feed or following the company on twitter @microelectech. This will provide potential investors and current shareholders with a direct communication with the company on a more timely basis. This is one of many steps the company is employing to establish its presence in social media channels.
Microelectronics Technology Corp through it wholly owned subsidiary Cloud Data Corp is an Incubator of Intrernet and Social Media Technologies.
In addition to the previously announced Dynamo dedicated server offering, the company 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 scheduled for launch second quarter 2012.
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.