LOS ANGELES, April 3, 2001--Vertical Computer Systems Inc. (OTCBB: VCSY), a provider of Web commerce solutions, today announced that it has completed the domain acquisition phase of its initiative to provide an expanded network of consistent, easy-to-remember, easily identified “Bridge” Web Home Country Gateways (HCGs) with names corresponding to each of the 50 states. These Bridges will operate under the umbrella of the Company’s theUSBridge.com HCG.
“Given today’s highly competitive environment for acquiring domain names, we are most pleased to have cleared appropriate domain names for each of the states, to complete our nationwide collection of Bridges,” commented Richard Wade, VCSY's President. “Now Americans everywhere will have easy access to essential information and personal communication opportunities through this new network.”
The Company has secured, cleared & registered with Register.com all 50 American state names for the new Bridges, which will be launched beginning May 1, 2001. The first of the new state Bridges, which are registered with both “.com” and “.net” extensions, will be theTexasBridge.com, chosen because of Vertical’s established presence through an e-procurement contract with Texas by iNetPurchasing.
In recognition of the diversity of users’ regional needs and cultures, VCSY is introducing the state Bridges to achieve vertical expansion of its U.S. Web presence. The Company’s state Bridges, devoted to providing versatile gateways for information and communication, will offer cutting-edge technology, products and services for businesses and e-commerce while catering to users’ specific needs for state-specific content. Among other uses, the new VCSY state Bridges are intended to provide information for Americans living, working and traveling outside their home states.
Some of the features available on the Bridges will be:
“In today’s competitive online environment, clearly-defined domain names have proven to be a major asset in marketing new Web sites,” commented Mr. Wade. “As a widely distributed enterprise, VCSY seeks to apply instantly recognizable, memorable, state-specific branding to our network of U.S. state Bridges. At the heart of the ‘state Bridges’ is a platform designed to offer the latest and best in business-to-business, business-to-government and business-to-consumer solutions.”
Vertical Computer Systems, Inc. is a leading provider of Web-based multilingual gateways, developer of proprietary software and e-commerce solutions. The company is 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 Gateways (HCGs).
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. VCSY has also acquired Globalfare.com -- a complete online travel information center at www.globalfare.com.
At present, VCSY has five HCGs in operation: www.theWorldBridge.com, www.theIndiaBridge.com, www.theUSBridge.com, www.theBrazilBridge.com, www.theChinaBridge.com, and is working to establish other HCG partnerships, including www.theKoreaBridge.com.www.vcsy.com.
The company is continuously developing Emily(TM) Solutions, (www.emilysolutions.com), proprietary XML-based technology providing unique software for e-commerce, information technologies, Web-based data management and process control. VCSY also 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 and market the Emily(TM) software, the market reception to VCSY'S new products, the potential benefits to customers, the conversion of sales leads into customers and the ramp-up of ASP users and other factors over which VCSY may have little or no control such as those described in the company's filings with the SEC.