Vertical Computer Systems Enters Joint Venture With Brazil's Second Largest Wireless Provider Of Real Time Financial Information For Brazil's Financial Information, ZapQuotes S.A.

LOS ANGELES, Mar 16, 2000 /PRNewswire via COMTEX/ -- Vertical Computer Systems, Inc. (OTC Bulletin Board: VCSY) announced today that it has entered into a joint venture with Brazil's second largest provider of real time financial information for Brazil's financial markets, ZapQuote S.A. (http:1/41/ ZapQuote S.A. wireless, established in 1985, has used its proprietary wireless technology to become the fastest growing company for financial news and information based in Brazil. Supplemental news for ZapQuote is provided by a staff of journalists with offices in many major cities throughout Brazil. ZapQuote also has a major position in providing back office software to many of Brazil's major financial institutions.

Richard Wade, Vertical Computer Systems president, stated, "We are pleased to enter into this new joint endeavor with ZapQuotes S.A. and are looking forward to the establishment of combining forces in order to advance the e- commerce capabilities and opportunities in Brazil. The terms of the joint venture call for Vertical to provide the latest in U.S. technology and products while Zap will add their expertise and familiarity with the Brazilian financial and business communities along with the initial financing for the project. In accordance with our business plan for the development of multi- national, multi-lingual portals, we are continuing to align ourselves with partners whose infrastructures and goals are complimentary to our own. Additionally, the companies that we are selecting to align ourselves with are poised to make an immediate impact in the country in which the portal operates. The specific purposes of theses joint ventures are to develop a major Internet portal in Brazil, market Vertical's proprietary and licensed technologies throughout Brazil while developing our own applications for the portal which will include auction sites, shopping/e-commerce sites, and a variety of B2B solutions.

Vertical Computer Systems, Inc. also announced today the launch of their new corporate web site located at . The site, which went live on March 14, 2000, will provide investors and the financial community a place to keep up on the company's continuing fundamental developments and an area to research the company and its history.

About Vertical Computer Systems

Vertical Computer Systems, Inc. is a multi-lingual portal provider, and e-commerce solutions company, based in the United States. The Company provides a full range of Internet services that include building e-commerce solutions nationally and internationally, distributing content via its multi- lingual portal network (; and Internet services ( Through its majority-owned subsidiary, Externet World, Inc., the Company provides online shopping services ( and proprietary online gaming software ( Vertical Computer Systems is committed to building e-commerce communities on the Internet in the Americas, Europe, Asia and Pacific Rim.

Forward-looking statements in this release are made pursuant to the Safe Harbor provision of the Private Securities Litigation Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation.

SOURCE: Vertical Computer Systems, Inc.