Independent research firm Forrester Research expects the global cloud computing market to reach $241 billion in 2020 compared to $40.7 in 2010, according to a new Forrester report called “Sizing the Cloud.” The report aims to provide insights into the future market size of cloud computing segment while trying to predict market growth dynamics in a new IT environment driven by rapidly growing number of cloud computing services and applications.

Forrester’s report provides market forecast on 12 different market segments for the next decade, forecasting shifts in the usage patterns of cloud infrastructure, business applications for the cloud and cloud platforms that are becoming increasingly widespread.

According to Sizing the Cloud 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. In contrast, Infrastructure-as-a-service (IaaS) will witness a rapid growth in the next few years but Forrester expects dynamic infrastructure services to perform better than IaaS in the long term.

Forrester applies an innovative approach toward measuring cloud computing market with company’s analysts utilizing Forrester’s sizing methodology for emerging markets to the cloud computing market for the first time, report co-author Stephen Reid wrote in a blog post. Reid admits that cloud computing definitions are still a serious challenge to researchers while “…each year, it gets harder to make clear-cut distinctions, based on technology, between what is a cloud and what is simply a virtualized data center or a traditional hosting provider. Therefore, Forrester decided to focus instead on the major disruption in the IT industry that cloud computing is bringing about — disruption based not on technology but on the business model under which IT operates.”

Reid also reveals that IaaS will shift from public clouds to virtual private clouds but the size of market is set to decrease because dynamic infrastructure services, which are the virtual private cloud counterpart of IaaS in the public cloud, tend to combine pure infrastructure with high-level services and close integration into existing on-premises landscapes. Simplified and pre-integrated platforms outline the future of Platform-as-a-service (PaaS) segment while PaaS is set to become a middleware platform alternative, Reid said.

Companies that are able to adapt quickly to fast changing market conditions will be crowned victors and will grab the lion’s share of a $241 billion cloud computing market in 2020.

Cloud Data Corporation with the implementation of its Web App Cloud Hosting Modules- Sproqets configuration will be a leader in rush to provide the infrastructure required to facilitate App Hosting Tidal wave of demand in the next three years.

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 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.

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’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.

The Dynamo server offering will consist of valued priced dedicated server rentals to third party customers. The servers will be located within Canada.  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.

The company is currently completing its hardware acquisition.

The company is performing according to its projected time frames and expects to roll out its offering as previously reported, in May 2012.

“The establishment of a co location partner that understands the business model Cloud Data Corp represents and the scalability requirements it’s customers require is essential. Upon the success-full initiation of the Dynamo Server Division the company will immediately begin providing its hosting services to third party clientele,” stated Company President Brett Everett. “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.”

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 scheduled for launch second quarter 2012.

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’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.

The DomainStutter technology offers clients rapid domain deployment with each domain having unique content automatically inserted into the site. The system harnesses the power of cloud computing to enable clients the ability to deploy thousands of sites with minimal time and effort. Clients can deploy thousands of domain host sites on an accelerated basis, with unique content, with virtually no effort due to use of the proprietary DomainStutter technology.

The practice of multiple domain name deployment is commonly known as domain parking and may also refer to an advertising practice known as parked domain monetization used primarily by domain name registrars and Internet advertising publishers to monetize Internet traffic visiting a parked or minimally developed domain name property.

The domain name will usually lead to a web page containing advertising listings and links. These links will be targeted to the predicted interests of the visitor and may change dynamically based on the results that visitors click on. Usually the domain holder is paid based on how many links have been visited (e.g.pay per click or page view) and on how beneficial those visits have been. The keywords for any given domain name provide the type of profile that will determine the intent of the Internet traffic before arriving.

DomainStutters capability to deliver unique content to each individual domain automatically, allows the parked domain to better differentiate itself to search engines allowing for higher indexing and ratings resulting in higher traffic generation, which in turn leads to higher per domain revenue generation.

“These negotiations have been finalized subject to formal documentation,” stated Microelectronic Technology company president Brett Everett. ” The company looks forward to the introduction of a new ‘White Label’ partner for the roll out of a unique brand of business for the DomainStutter Technology providing for another revenue stream to Cloud Data Corp from the exploitation of its existing suite of  technologies and services.”

Contract finalization is expected by May 31, 2012.

The company continues to progress on its roll out of the  Dynamo server offering  which will consist of valued priced dedicated server rentals to third party customers. The servers will be located within Canada. 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.

The company is currently completing its co-location selection and sign off, and hardware acquisition.

The company expects to roll out its offering in May 2012. Initiating the company’s entry into this multi billion dollar marketplace in conjunction with the development of the www.Sproq.com.

For further Information:
Microelectronics Technology Co.
President:
Mr. Brett Everett
1 866 587 2860

www.melypk.com
www.clouddatacorp.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.

Cloud Data Corporation, a  wholly owned subsidiary of Microelectronics Technology Corporation is pleased to announce Sproq.com,  next generation cloud application hosting.

Microelectronics Technology Corporation President Brett Everett is pleased to provide the following re-post of a previously published news article which gives an indication of the direction the Cloud Computing market sector is heading for the near future.

It appears that companies not established in the cloud sector are buying their way in an effort gain immediate market share.

“In the recent purchase of the software firm Demandforce, a company whose market sector is similar to that of Cloud Data Corporation, for $423.5 million dollars by Intuit, is a signal that company’s offering services for small and medium sized business are in high demand.  Demandforce is a software-as-a-service web application that works within a company’s existing business system and provides tools for communicating with customers. It also helps small businesses market over the Internet and through mobile devices and improve their reputation. Demandforce has 35,000 small business users in North American and has helped its clients generate $1 billion in incremental revenue.  It should help Intuit continue to grow its SaaS business and appeal even more to SMBs. There’s a big opportunity in helping small businesses grow up and take advantage of online tools.”

The relevance of this type of acquisition clearly confirms that Cloud Data Corp, a wholly owned subsidiary of Microelectronics Technology Corporation SYMBOL: MELY.PK is in the prime market sector of developing architecture for Small Business Applications through Sproq.com

Sproq.com application cloud hosting for small business 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.

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

Cloud Data Corp, a wholly owned subsidiary of Microelectronic Technology Corp is a full service Internet applications incubator within the cloud computing sector.

For further Information:
www.MELYPK.com
www.sproq.com
www.domainstutter.com

Microelectronics Technology Co.
1 866 587 2860

Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.

Additional information on risks for the Company can be found in the Company’s periodic filings filed from time to time with US Securities and Exchange Commission at www.sec.gov.

The company is pleased to announce that it has entered into formal negotiations with two potential clients for dedicated serverrentals to initiate the roll out of the Dynamo Server Division. The company anticipates that these will be the first of many new contracts the company will be establishing during the roll out phase.

Clients have identified and requested the advantage of renting, rather than purchasing, a dedicated server since co-location hosting for rented servers can be set up to include cloud-based backup or hybrid hosting. This is ideal for E-commerce webmasters and bloggers who experience peak and seasonal increases in bandwidth demands, and need to have a backup available in the event of increased usage or scalability. Clients that take advantage of the hosting company’s cloud servers for dedicated server sql backup as well as for resource support are the most reliable and cost-effective choices for E-commerce and internet marketing. Bloggers, especially those who may be met with unpredictable demands for additional resources, also find rental of dedicated servers along with a cloud backup to be an ideal solution to their needs.

The ability to easily upgrade rental packages, as well as to take advantage of cloud backup for co-located rented servers, enables clients to maintain the highest possible server capacity and bandwidth at a reasonable price.

The Dynamo server offering will consist of valued priced dedicated server rentals to third party customers. The servers will be located within Canada. 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.

The company is currently completing its co-location selection and sign off, and hardware acquisition.

The company expects to roll out its offering in May 2012. Initiating the company’s entry into this multi billion dollar marketplace in conjunction with the development of the sproq network.

“The potential for rapid expansion into the dedicated server market and instant cash flow makes the creation of the Dynamo Server division a significant step in the maturity of the company,” statesMicroelectronics Technology President Brett Everett. “This is the first of many significant developments the company plans to implement in order to satisfy the company’s growing customer demands.”

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 scheduled for launch second quarter 2012.

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’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.

The Dynamo server offering will consist of valued priced dedicated server rentals to third party customers. The servers will be located within Canada. 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.

The company is currently completing its co-location selection and sign off, and hardware acquisition. The company expects to roll out its offering in May 2102.

“The potential for rapid expansion into the dedicated server market and instant cash flow makes the creation of the Dynamo Server division a significant step in the maturity of the company,” states Microelectronics Technology President Brett Everett, “This is the first of many significant developments the company plans to implement in order to satisfy the company’s growing customer demands.”

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 scheduled for launch second quarter 2012.

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’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

Microelectronics Technology Corporation is pleased to announce the completion of a letter of Intent to Joint Venture with Fidelity Capital Partners of Nevis for the development of an industry specific Web Application Marketing Network utilizing Microelectronics Technology’s proprietary technologies such as DomainStutter.

The Web Application Marketing Network will be targeting the Web Applications industry that will be utilizing Cloud Data Corporations proprietary Sproq Network for their cloud hosting needs.

The web application market is set to explode over the next 3 years with the roll out of the Web Application concentrated  Windows 8 operating system by Microsoft.

The Development of a Web Application Marketing Network is essential to provide developers a secondary market place to market web apps for retail end users outside of the traditional venues such as the Windows Store or the Apple Store that require certain compliance issues in order to participate in one platform or another but not both. The utilization of the Sproq.com interface and Hosting will enable a seamless entry to market for Web App developers.

“We are very excited to be entering into a joint venture agreement with Fidelity Capital Partners for the development of this Web Application Marketing Network,” states Microelectronics Technology President Brett Everett. “The company is well underway to establishing the foundation of a vertically integrated Cloud Application Hosting company with significant growth opportunities in the near future.”

According to breathtaking new research from Microsoft, the result of a commission to analyst firm IDC, approximately fourteen million new jobs will be created by the year 2015, all of those jobs stemming from a swelling boom in cloud computing. Profits generated from such a boom in cloud activity to skyrocket to more than $1 trillion dollars within the exact same time frame. This combination of revenue heights and a shot in the arm to unemployment woes worldwide could potentially translate into an unprecedented shift in workplace structure. Readers, the take home figure is three years — the amount of time in which cloud’s significance will mushroom.

Sproq.com service is currently under development, with developmental 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.

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’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.

Microelectronics Technology Corporation previously announced the completion of negotiations of an initial round of convertible preferred financing in the amount of $240,000.00 by an arms length private Small Cap Venture fund.

The Company is pleased to announce the terms of the financing have been enhanced to provide the company with commitment to invest $2,500,000.00 during the next 3 quarters of 2012. The financing will be available to the company in tranches of $500,000.00 based upon completion of certain milestones by the company concerning network development and customer acquisition.

This will bring a total of Convertible preferred financing commitment to $2,740,000.00. The Company will receive the first tranche of funding under the terms of the agreement this financial quarter.

The proceeds of the initial round of financing are to provide equipment acquisition, servers, software development and general working capital.

The company is at the stage in its development where the application of additional funds will provide for the rapid deployment of addition equipment required to complete the alpha testing of the Sproq Web Application Hosting Module Programming.

Upon successful alpha test completion, the next phase of development will be to establish a commercial co-location facility with the bandwidth, security and reliability required to meet the scalability of the Sproq Node modules.

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 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.

14 Million Reasons to Get With the Cloud Hosting Wave…NOW

“According to breathtaking new research from Microsoft, the result of a commission to analyst firm IDC, approximately fourteen million new jobs will be created by the year 2015, all of those jobs stemming from a swelling boom in cloud computing. Profits generated from such a boon in cloud activity to skyrocket to more than $1 trillion dollars within the exact same time frame. This combination of revenue heights and a shot in the arm to unemployment woes worldwide could potentially translate into an unprecedented shift in workplace structure. Readers, the take home figure is three years — the amount of time in which cloud’s significance will mushroom.

Those professionals who are not yet cloud savvy should view these three years as an opportunity to self-educate, quickly and deeply. The most critical knowledge is the difference between Infrastructure as a Service, Software as a Service, and Platform as a Service, three cloud essentials which a recent article from Business Insider efficiently elucidates. Yet beyond such bottom-tier information, other crucial basics include an understanding of how cloud interweaves with the issues of the day, such as American governmental policy and European data protection protocol.

Spending on public and private IT cloud services will generate nearly 14 million jobs worldwide from 2011 to 2015, according to a new study by the analyst firm IDC. The research, commissioned by Microsoft, also found that IT innovation created by loud computing could produce $1.1 trillion a year in new business revenues.” states author Jeff Norman in his article published by online magazine CloudTweaks.

Cloud Data Corporation with the implementation of its Web App Cloud Hosting Modules- Sproqets configuration will be a leader in rush to provide the infrastructure required to facilitate App Hosting Tidal wave of demand in the next three years.

Upon successful alpha test completion, the next phase of development will be to establish a commercial co-location facility with the bandwidth, security and reliability required to meet the scalability of the Sproq Node modules.

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 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.

Microelectronics Technology Corporation is pleased to announce the completion of negotiations of an initial round of convertible preferred financing in the amount of $240,000.00 by an arms length private Small Cap Venture fund.

The proceeds of the initial round of financing are to provide equipment acquisition, servers, software development and general working capital.

The company is at the stage in its development where the application of additional funds will provide for the rapid deployment of addition equipment required to complete the alpha testing of the Sproq Web Application Hosting Module Programming.

Upon successful alpha test completion, the next phase of development will be to establish a commercial co-location facility with the bandwidth, security and reliability required to meet the scalability of the Sproq Node modules.

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 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.