Los Angeles, Calif. -- Dec. 11, 2000 -- Vertical Computer Systems, Inc. (OTCBB: VCSY) in partnership with Vijay Amritraj, president of First Serve Entertainment Inc. (FSE), jointly unveiled TheIndiaBridge.com, VCSY’s fifth Home Country Gateway (HCG), in India today. The new broad-based, Internet portal promises global access to India-related information, email, advanced search capabilities, links and other key features. Vertical Computer Systems, Inc signed an agreement earlier this year with Vijay Amritraj to form a joint venture company. The first project of this venture is the launch of VCSY’s TheIndiaBridge.com.
Presented by Vijay Amritraj, TheIndiaBridge.com was showcased at a press conference held in Madras, India, the home city of the celebrated athlete, entertainment and business entrepreneur, broadcaster and president of First Serve Entertainment India Pvt. Ltd.
Vertical Computer Systems is developing an online network of multi-lingual portals or Home Country Gateways (HCGs) acting as the primary building block of its e-commerce business model. Utilizing its growing global network of online HCGs, the Company offers B2B, B2G and B2C technology solutions catering specifically to the needs and desires of targeted communities around the world.
"Launching TheIndiaBridge.com is very exciting for me as it presents an opportunity for the Indian population throughout the world to stay in touch with their home country using a cutting-edge HCG developed by Vertical Computer Systems," commented Mr. Amritraj. "As India has embraced technology wholeheartedly over the last decade and is continually producing talented computing personnel, it is appropriate that a visionary company like VCSY should launch its Indian HCG here today."
Richard Wade, president of Vertical Computer Systems, Inc. (VCSY), a leading U.S.-based technology developer and e-commerce solutions company, added, "We are proud to launch TheIndiaBridge.com with Vijay Amritraj as our partner. As an entertainment and business entrepreneur with a track record of successes in India and abroad, he is currently helping us develop revenue-generating projects for TheIndiaBridge.com."
TheIndiaBridge.com features one of the most specific and user-friendly search engines available today using VCSY’s Emily™ technology. VCSY’s smart search technology provides users with the most current real-time information.
Two key functions, which are unique to all of VCSY’s Bridges, including theIndiaBridge.com, are the Switch Bridge and the Context Search. The Switch Bridge feature allows users to freely search in different countries, switching seamlessly back and forth between all existing Bridges. The Context Search performs a search within the context of a specific subject about which a user is inquiring. Other key features of TheIndiaBridge.com are:
FSE Pvt. Ltd. is a multimedia company producing, broadcasting, syndicating and distributing television programs and feature films in India and Asia. FSE India works with several global entertainment giants, such as Walt Disney Television International, ABC, Upper Deck and others. Amritraj, through FSE India, has successfully launched the entry of Columbia TriStar International Television (CTIT), Turner International, ESPN and others in India. Also through FSE India, Amritraj signed a major agreement with ABC (New Disney) to produce local children's programming in India and telecast them along with popular American cartoons on India's only terrestrial network, Doordarshan. FSE and Disney/ABC have produced two 13-episode children's series in India.
Vertical Computer Systems, Inc. is a leading multilingual 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, in addition to www.theindiabridge.com, VCSY has four other HCGs in operation: www.theworldbridge.com, www.theusbridge.com, www.thebrazilbridge.com and 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 EmilyTM Framework (www.emilysolutions.com), a programming language that enables the creation of websites that use the XML standard and intercommunicate via XML and HTTP. Also, VCSY offers a free, easy and personalized email service for all Web users (www.thepostmaster.net). For more information, visit the company's website 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.