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Virtual Ed Link Outlines Strategies to Increase Revenue and Shareholder Value

^{Published on 2010-05-11 05:14:02 - Market Wire}
 

FAIRFIELD, NJ--(Marketwire - May 11, 2010) - Virtual Ed Link, Inc. (PINKSHEETS: [ VRED ]) -- Virtual Ed Link is moving forward on a variety of items aimed at increasing corporate revenues and shareholder value. These important initiatives will be outlined in this release and followed up with a series of releases discussing each initiative individually.

First and foremost, VRED will be contracting with the proper professional organizations to move the company to the Bulletin Board. Included in this plan would be a financial audit along with either a Form 10 or Registration Statement to the SEC. It is our goal to have these in place during the 2010 fiscal year.

Second, as outlined in our last press release, we are changing our current school business model to an Internet friendly revenue model. This new model works with the school's current budgetary dilemmas rather than working against it. We believe that this new model can generate between $10 and $14 million for VRED during the upcoming school year.

Third, we are continuing to look toward partnerships within the school markets. These partnerships and resellers would be companies that already have a foothold in local or national markets. Local partnerships were outlined in past releases and discussions have already been initiated with national brands such as Cisco and Microsoft.

Fourth, the industry has been focusing much attention to the safety of students as well as instructional information and tools for administration, teachers and parents to monitor the Internet practices of children. VRED will be announcing a complete set of tools and courseware to address this market later this quarter.

Lastly, the SSMS portal has been recognized as a unique platform capable of collaborating and disseminating information in many vertical environments. VRED's management will be licensing its Intellectual Property and expanding its focus to the local government and Homeland Security markets. We also expect licensing agreements to be forthcoming in the commercial security arenas of airports, animal detection and maritime security solutions. These initiatives, and the associated partnerships, will be discussed within the upcoming series of releases.

"Last year our company was slowed by the current budget cuts in the school markets -- something that we just didn't see coming one year ago," said John Bay, President and CEO. "But we are an aggressive young company with proprietary technology. We expect a terrific year and a substantial uptick in revenues and shareholder value."

About Virtual Ed Link, Inc.
Virtual Ed Link, Inc. (PINKSHEETS: [ VRED ]) sells the Safety and Security Management System (SSMS), which uses proprietary core technology solutions developed by Viyya Technologies. The Safety and Security Management System is marketed and sold primarily to schools and colleges around the U.S. and geared to be used as a collaborative Web 2.0 tool to share general information retrieved from any internet source among the school users, and especially, in the event of threats or danger, to disseminate alerts to help and guide students, parents, faculty and law enforcement in the actions necessary to help protect school attendees, and school infrastructure.

For more information, visit [ http://www.virtualedlink.org ]

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.