As the first project of this joint venture, VCSY will launch and subsequently develop its fourth Home Country Gateway (HCG) -- theIndiaBridge.com on Nov. 10, 2000. As VCSY's Indian partner, FSE has agreed to develop numerous businesses throughout India utilizing its vast multi-media market accessibility, not only in India but also throughout Asia.
Leading this new partnership is Vijay Amritraj, a celebrated Wimbledon tennis star, entrepreneur and well-known sports commentator. Through the 70s and 80s, Amritraj reigned as one of tennis' best, beating such superstars as Bjorn Borg and John McEnroe.
Today, he can be seen in more than 60 countries in Asia and the Middle East as a featured host on ESPN STAR Sports Asia for the Wimbledon and other Grand Slam tennis events. Also, Amritraj is the president of FSE, an emerging multi-media company producing, broadcasting, syndicating and distributing television programs and feature films in India, Asia and North America.
FSE already has successfully launched the entry of Columbia TriStar International, Television Turner International in India, and is currently in a partnership with Walt Disney Television International/ABC.
theIndiaBridge.com will offer web users many state-of-the-art, yet user-friendly, services; a powerful search engine written with VCSY's proprietary Markup Language Executive (Emily), a free proprietary e-mail system (PointMail), improved online chat rooms and forums, latest worldwide news, a web-based ``virtual office'' personal information manager (WebAddressBook), a one-stop travel planner, and entertaining online games.
Additionally, theIndiaBridge.com will also feature two key functions that were recently introduced to web users. The Switch Bridge feature will allow users to freely search among all existing bridges simply by switching from one to another. The Context Search is a powerful function utilizing Emily technology to pinpoint user's inquiries down to key specifics for best search results. The company believes that its cutting-edge technology will give theIndiaBridge.com a distinctive competitive edge over other portals in India.
``Our partnership with Vijay Amritraj who has strong financial credibility, country-specific experience and well-deserved respect worldwide, will help us to develop revenue-generating projects for theIndiaBridge.com. We believe that Mr. Amritraj's influence and network of contacts within India will prove to be invaluable to VCSY, and I am confident that he will greatly accelerate our market penetration,'' stated Richard Wade, president of Vertical Computer Systems Inc.
Vertical Computer Systems Inc. is a leading multi-lingual gateway provider, software developer and e-commerce solutions company based in the United States. VCSY's products and services, technology and distribution channels complement each other and are supported by its e-commerce business model, the Home Country Gateway (HCG).Utilizing its growing global network of online HCGs, the company offers B2B, B2G and B2C solutions through its wide range of accessible resources that specifically cater to the needs and desires of targeted communities around the world. At present, VCSY has three HCGs in operation; www.theusbridge.com, www.thebrazilbridge.com, www.thechinabridge.com, and anticipates other HCG partnerships to be completed.
VCSY also acquired Globalfare.com -- a complete online travel information center, www.globalfare.com. The company is also developing the Emily(TM) Framework (www.emilysolutions.com), a programming language that enables the creation of Web sites that use the XML standard and intercommunicate via XML and HTTP. Also, VCSY offers a free, easy and personalized e-mail service for all Web users (www.thepostmaster.net). For more information, visit the company's Web site at www.vcsy.com.
This release contains, in addition to historical information, forward-looking statements. These statements are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that may cause such a difference include, but are not limited to, competition from other portals, the company's ability to integrate information from other countries, new product acceptance and those described in the Company's filings with the SEC.