Newport Beach, CA (February 04, 2014) – Pelican Point Capital Partners, LLC., announces the establishment of its Silicon Valley presence and appointment of John Hwang as an adviser to its board strengthening its technology focus.

John is currently the Chairman and CEO of Ambicom Holdings Inc., (OTCBB:ABHI) a leading designer and developer of wireless products focusing on the wireless medical industry. John has over 20 years of corporate and entrepreneurial leadership experience in semiconductor technology and consumer electronics. His experience and presence will play a valuable role in connectivity to the community of technologists, entrepreneurs and global business players in Silicon Valley.

John was VP of Samsung America, starting the first Samsung brand for monitors and PCs. He then created Samtron, a new brand for Samsung, which became a second tier brand to focus into the VAR channel. Additionally he was President of Osicom, a fiber optic and network technologies manufacturer, from 1994 to 1997 he helped build the company to USD $1.4 billion market cap. During the 3 years Mr. Hwang was with Osicom, he managed the sales and marketing department and helped grow Osicom by acquiring more than 8 companies.

“John is a longtime friend and has been a business partner in numerous technology ventures over the last 25 years. His acumen, experience and brand building ability in the technology sector will add to our firm’s endeavors in growing our portfolio investment in the space,” said Ike Suri, Co CEO and Co Founder.