Fort Worth, TX, October 29, 2007 (PRNewswire)– NOW Solutions, Inc. (Now Solutions), a wholly-owned subsidiary of Vertical Computer Systems, Inc. (OTCBB: VCSY)(www.vcsy.com), announced today that it has been awarded a judgment in the New York Supreme Court in the action of Ross Systems, Inc. (Ross) vs. Now Solutions in the amount of $3,151,215.52, which includes interest and attorney fees.
“Both Now Solutions and VCSY are extremely pleased to have prevailed against Ross in this trial and to have been awarded this judgment,” stated Richard Wade. “We are continuing to refocus our efforts as we roll out Now Solutions’ Service-as-a-Software HRMS suite and VCSY’s Managed Baseline Solution products.”
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
Vertical Computer Systems, Inc. (OTCBB: VCSY) is a provider of administrative software, Internet core technologies, and derivative software application products through its distribution network. VCSY's main administrative software product is emPath®, which is developed and distributed by NOW Solutions, Inc., the Company's wholly-owned subsidiary. VCSY's primary Internet core technologies include SiteFlash, ResponseFlash, NewsFlash, and the Emily XML Scripting Language, which can be used to build web services. VCSY also markets a Managed Baseline Solution comprised of two security products (IA and StatePointPlus®). Information on VCSY and its products can be obtained on the World Wide Web at www.vcsy.com.
NOW Solutions, Inc., a wholly owned subsidiary of Vertical Computer Systems, Inc., is a Human Resources Management System (HRMS) software and business solutions provider. A pioneer in HRMS solutions, NOW Solutions provides the capabilities companies need to manage their ever-changing workplace in the face of today's complex requirements through its main product, emPath®, which consists of a fully secure web based HRMS suite as well as a Software-as-a-Service (SaaS) hosted solution. Recruiting, position control, benefits, absence and attendance tracking, employee reviews, career planning, payroll, employee/manager self-service and a powerful full featured workflow engine to reduce or eliminate paper, are among the many features of emPath®. NOW Solutions is a respected business partner serving customers throughout the United States and Canada. NOW Solutions' presence can be found in industries including education, for-profit services, healthcare, high technology and communications, insurance, manufacturing, natural resources, not-for-profit, public sector, retail, transportation, and utilities. NOW Solutions has offices in Fort Worth, Toronto and Brazil to serve its customers. Information on NOW Solutions and its products can be obtained on the World Wide Web at www.nowsolutions.com.
Vertical Computer Systems, Inc.
NOW Solutions, Inc.
(817) 335-7667 fax
SOURCE: VERTICAL COMPUTER SYSTEMS, INC.