LOS ANGELES, April 12, 2001 – Vertical Computer Systems, Inc. (OTCBB:VCSY) and its Home Country Gateway (“HGC”) theUSBridge.com will present a town meeting, panel discussion and Webcast focusing on Internet use by Americans overseas. The event will take place at the National Press Club in Washington, DC on April 25, 2001, and will bring together leaders of expatriate organizations, consumer advocate Ralph Nader and legal experts in the field.
“There are nearly six million Americans living outside the United States,” Richard Wade, President of Vertical Computer Systems, Inc. said in announcing the event. “They are professionals, students, retirees, managers and workers in every imaginable industry. To a large degree, they have been forgotten. Electronic communications now offer the opportunity to link these people together and provide them the information resources they would enjoy if they were home, and we at Vertical Computer Systems and theUSBridge.com are committed to fulfilling that opportunity.”
The purpose of the project is to launch theUSBridge.com’s new initiative to serve the interests of Americans around the world by providing current and useful content online about voting rights, taxation, healthcare, insurance, education, shipping, travel, and the full range of government activities affecting Americans abroad.
“There are some excellent organizations serving the specific needs of overseas military personnel and their dependents, government employees and private workers. theUSBridge.com is committing to serving as a gateway to the information and activities of those organizations,” said Basil Nikas, a spokesman for theUSBridge.com, who will join Mr. Nader and others on the day’s panel.
Ralph Nader, the Green Party candidate for President in 2000, will focus on privacy issues and the impact of consumer rights for Americans living outside the United States.
In addition to the presentation at the National Press Club for domestic and foreign press, the program will be Webcast on theUSBridge.com at 9:00 p.m. EDT on April 25, 2001 and will be available on demand after the Webcast in the electronic archives at www.theUSBridge.com.
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.theUSBridge.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.
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.