Virtual Ed Link -- New Corporate Strategies Begin to Unfold
June 15 2010 - 8:00AM
Marketwired
Virtual Ed Link, Inc. (PINKSHEETS: VRED)
Virtual Ed Link has begun to move forward on some of the items
aimed at increasing corporate revenues and shareholder value. These
important initiatives were outlined in our May 11th release and the
framing of these projects is now unfolding with other product and
integration firms in the industry for validation.
VRED is currently distributing its School Safety Management
System (SSMS) to school districts in the greater New York area --
particularly in New York and New Jersey. The primary purpose of the
SSMS product is to collaborate information from the school to the
administration, staff, parents and community. In doing so, the SSMS
solution coordinates information manually and electronically from
sources throughout the school district -- processing this
information into actionable intelligence. This patterning and
processing is done through proprietary algorithms designed by VRED,
Viyya Technologies (VYON) and other integration partners. The
resulting intelligence can then be utilized by the school
administration and local authorities to prevent security and safety
breaches within the school system rather than just reacting to the
problem after it occurs.
There are many vendors currently marketing physical security
solutions to school districts in the United States. Most of these
solutions contain the basic components of a server, camera and door
lock feeds, etc. They lack the intelligent back end to turn sensory
information into intelligence. 4A International, a leading provider
of market research services stated that the marketplace will
continue to grow exponentially to approximately $12 billion by
2012.
VRED's current strategy is to position ourselves as a high-end
platform in this marketplace working with other vendors and
partners currently providing the front end cameras, door locks and
infrastructures in the school districts. These partners currently
have an installed base and state contracts in place that would make
the procurement process much less ominous and time consuming.
The VRED business and technical management team met this past
week with CISCO -- one of the nation's largest providers of network
security infrastructure for school districts. VRED is assessing the
ability for the SSMS to interface to the CISCO surveillance system
and provide an added layer of sophistication to their core product
line.
"We have terrific technology at our disposal along with a
tremendous need by the school districts. We refuse to be slowed
down by the current budget cuts in the school markets," said John
Bay, President and CEO. "We are aggressively putting plans in place
to implement our SSMS technology into this marketplace and CISCO is
just the first of many companies we plan on developing a
relationship with this coming year."
About Virtual Ed Link, Inc. Virtual Ed Link,
Inc., (PINKSHEETS: VRED), sells the Safety and Security
Management System (SSMS), which uses proprietary core technology
solutions developed by Viyya Technologies. The Safety and Security
Management System is marketed and sold primarily to schools and
colleges around the U.S. and geared to be used as a collaborative
Web 2.0 tool to share general information retrieved from any
internet source among the school users, and especially, in the
event of threats or danger, to disseminate alerts to help and guide
students, parents, faculty and law enforcement in the actions
necessary to help protect school attendees, and school
infrastructure.
For more information, visit http://www.virtualedlink.org
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
"believes," "expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone's past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof.
Contact: Pam Dominiczak Investor Relations Virtual Ed Link, Inc.
Phone: 973-276-0555 info@virtualedlink.org
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