LOS ANGELES, Jul 28, 2000 (BUSINESS WIRE) Vertical Computer Systems Inc. VCSY today announced that it signed a Letter of Intent to acquire the license to the source code for "WebAddressBook," a Web-based information management system for individuals and businesses, from WebAddressBook.com Inc.
Access to the source code allows VCSY to tailor the functionality of WebAddressBook and host the site on its own servers. This Personal Information Management (PIM) system is already featured on VCSY's TheBrazilBridge.com, and will add to the menu of services available on VCSY's network of international portals as well as the services of its affiliates.
The WebAddressBook was included in the "101 Best Business Sites" in the June 1999 edition of "Windows Magazine" and was given a four- out of five-star review in the May 12, 2000, edition of "PC Magazine." Full reviews can be accessed at the WebAddressBook.com press page: http://www.webaddressbook.com/press
Some of the features of WebAddressBook include:
"Although the Internet is evolving rapidly, there are many core applications that will always be in demand, including PIM systems. We investigated and tested numerous systems but chose the WebAddressBook because it is customizable, multi-language and user-friendly. Furthermore, it is a feature that adds value to our portal sites and gives users another reason to revisit our sites," said VCSY's President Richard Wade.
"This system gives individuals and businesses real-time access to vital information, anywhere in the world, 24 hours a day. It is a full-featured customizable product that fits seamlessly into our existing infrastructure," added Luiz Valdetaro, VCSY's chief technology officer.
WebAddressBook.com Inc. is a world class leader in providing organizations with "Transparent, real-time access to essential information -- anytime, anywhere." Based in Calgary, Canada, WebAddressBook.com Inc. develops and markets applications that:
WebAddressBook.com Inc. decreases the time-to-market for organizations needing to integrate information management functionality into their own site by providing source code or application branding via its Web site (http://www.webaddressbook.com).
Vertical Computer Systems Inc. is a leading multi-lingual portal provider, software developer and e-commerce solutions company based in the U.S. The company provides a full range of Internet services that include building e-commerce solutions nationally and internationally, distributing content via multi-lingual portal networks (http://www.thebrazilbridge.com/) (http://www.TheChinaBridge.com) and e-mail services (http://www.thepostmaster.net).
VCSY also acquired Globalfare.com -- a one-stop Internet travel center, which can be visited at www.globalfare.com. The company is also a leading developer of proprietary software for the Internet, including the Emily(TM) (MLE) Framework, a programming language that enables the creation of Web sites that use the XML standard and intercommunicate via XML and HTTP, and online gaming software (www.ccpsoftware.com). For more information, visit the company's Web site at www.vcsy.com