MONARCH BAY, Calif., June 26, 2012 /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 has completed the deployment of dedicated servers to meet the needs of Cloud Data Corps existing clientele and is now accepting new business for its new Point of Presence or "POP" located in Vancouver, British Columbia, Canada.
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".
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."This will enable the company to begin booking revenues from the Dynamo Server Division immediately, which is a significant milestone for a developing Cloud Technology Company," states company president Brett Everett "The company is actively reviewing additional new potential clients to expand the utilization of the dedicated server division at the companies Vancouver 'POP.'" 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 Everett1 866 587 2860 www.melypk.com www.sproq.com www.domainstutter.com Forward-Looking StatementsThis 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.