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Virtual Ed Link Unveils Security Prototype for the High Seas at Posidonia

^{Published on 2010-06-28 05:40:34 - Market Wire}
 

FAIRFIELD, NJ--(Marketwire - June 28, 2010) - Virtual Ed Link, Inc. (PINKSHEETS: [ VRED ]) -- Virtual Ed Link announced today that its Safety and Security Management System (SSMS) prototype for the commercial shipping industry was unveiled at Posidonia earlier this month in Athens, Greece.

Posidonia is an international event held annually for the worldwide shipping business. It is attended by the top shipping companies throughout the world as well as representatives of the governments of over 80 nations. In total, 20,000 representatives were registered to be in attendance representing the global shipping industry.

Based upon new research from Reportlinker's "Maritime Security Market" study, global spending on maritime security in 2010 will total over $14.5 billion. It also concludes that "the threat of maritime terrorism remains a very real possibility as terrorist groups see the potential to target potential explosive targets. These factors and others are driving increased spending on maritime security."

VRED's sophisticated SSMS technology platform, along with the web-based physical security dashboard will act as the heart of a solution utilized by the shipping industry gathering in "short-range" information and intelligence on approaching ships not usually visible to the current "long-range" detection system now employed on the vessels. The unit will contain three major components and sensing devices -- 2 kilometer mid range radar, infrared and thermal technology for night and fog usage, and PTZ daylight cameras.

VRED's maritime SSMS prototype (not yet given an official name) contains components from a variety of hardware and software manufacturers and software developers. VRED will essentially be a software integrator on this project tying together sophisticated technologies and delivering them to traditional maritime integrators for deployment to tankers and cruise ships globally.

"We are very excited about this parallel opportunity for VRED's SSMS platform and its ability to integrate to other core technologies for deployment into new markets," said John Bay, President and CEO. "This technology can be utilized in many different vertical markets and maritime security is a prime example."

The prototype product was shown by our partnering maritime system integration firms in Athens, Greece, and initial feedback is extremely favorable. We will provide more information on this product line and its financial impact on our company as it becomes available and staff has been debriefed back in the U.S.

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.