RICHARDSON, Texas, Oct. 1, 2013 /PRNewswire/ -- Vertical Computer Systems, Inc. (VCSY) (OTCBB: VCSY) announced today that it has entered into an agreement with UniFocus, Inc. (UniFocus) to license VCSY's SiteFlash™.
SiteFlash™ is a content management, e-commerce, and workflow technology. Under the agreement, UniFocus licensed the right to distribute SiteFlash™ to the worldwide hospitality market including hotels, restaurant chains and theme parks but excluding casinos. In addition, UniFocus will also develop specific applications of the SiteFlash product to cater to the industries it serves.
"UniFocus will bring the SiteFlash™ platform to today's technology, addressing scalability and new functionality," stated Richard Wade, President and CEO of VCSY.
"We are excited about this technology and will be working with VCSY to deploy SiteFlash™ both internally and externally to our client base. This is a very innovative approach to content management that, once deployed, can have a direct impact on business growth as well as cost control," said Mark Heymann, Chairman and CEO of UniFocus.
Forward looking statements disclosure
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, which represent the Company's expectations or beliefs concerning future events. When used in this release, the words "expects," "plans," "anticipates," "indicates," "believes," "forecast," "guidance," "outlook," "may," "will," "should," "seeks," "targets" and similar expressions are intended to identify forward-looking statements. Similarly, statements that describe the Company's objectives, plans or goals are forward-looking statements. All forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. 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.
About VERTICAL COMPUTER SYSTEMS, INC.
Vertical Computer Systems, Inc. (OTCBB: VCSY) is a global provider of complementary and integrated application software, cloud-based and software services, Internet core technologies, and intellectual property assets through its distribution network with operations or sales in the United States, Canada and Brazil. VCSY's main application software, emPath®, which is designed to handle complex Payroll and Human Resources challenges, is developed, marketed and maintained by NOW Solutions, Inc. VCSY other products include PTS™, a time and attendance software product and SnAPPnet™, a fillable forms based credentialing product, which are developed and distributed through its subsidiaries Priority Time Systems, Inc. and SnAPPnet, Inc., respectively. VCSY's primary Internet core technologies include SiteFlash, and the Emily XML Scripting Language, which can be used to build web services. Information on VCSY and its products can be obtained at www.vcsy.com.
About UNIFOCUS, INC.
UniFocus is exclusively dedicated to providing the Hospitality, Service, Retail and Healthcare Industries with the most comprehensive Workforce Management systems and Financial Management tools available. UniFocus' Resource Management suite of hosted applications provides Budgeting, Revenue, Labor Management and Time & Attendance capabilities. Additionally, UniFocus offers a complete suite of guest and employee perception Survey Solutions, and mystery shopping evaluations. These products are focused on improving both top- and bottom-line performance, as well as the guest experience for the properties of UniFocus' partners. All of UniFocus' products and services are currently in use in over 100 countries worldwide. For more information, visit www.UniFocus.com.
SOURCE Vertical Computer Systems, Inc.