Los Angeles, CA, November 1, 2001 -- Vertical Computer Systems, Inc. (OTCBB: VCSY) today announced the appointment of Stephen O. Rossetti to head the Company’s new Government Affairs division to be headquartered in Washington D.C. Mr. Rossetti, formerly a senior staff member of the House Armed Services Committee and Pentagon senior executive, was named Executive Vice President for Government Affairs by VCSY President Richard Wade.
Mr. Rossetti has served as a director of the Readiness Subcommittee congressional staff responsible for the oversight of the Department of Defense’s $80 billion in annual spending on infrastructure and readiness. In that capacity, he provided oversight for Pentagon information technology spending, U.S. Special Operations Forces and general military forces. He also was a Congressional participant for the United States in negotiations in Geneva, Switzerland for the Chemical Weapons Treaty with the former Soviet Union, focusing on biological and chemical weapons stockpiling and the security and safety of U.S. chemical weapons stockpiles. He worked with Budget Committee Chairman John Kasich and a line of Armed Services Committee Chairmen including Les Aspin. He also closely interacted with other committees, including Government Reform and Oversight and Appropriations. He served for five years with the Office of the Secretary of Defense undertaking business process reforms.
“We are very excited to have experienced executive Stephen Rossetti join the Vertical team at this critical time,” said Mr. Wade. “His experience and leadership in the governmental sector will help introduce our Company and Emily XML technologies to federal, state and local governments.”
Vertical Computer Systems, Inc. (OTC.BB: VCSY) is a technology company that acquires and operates best-of-the-breed data management technologies that (i) complement each other and (ii) provide cross-product distribution channels. The power of VCSY's business model is multiplied by its proprietary global distribution system, its Home Country Gateway (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.
The company is continuously developing Emily™ 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™ 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.