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Wide E-Convergence Technologies Americas Corporation (WECTAC) Enters Into a Letter of Intent With Perspective Systems Development & Consultants
Sep 28, 2005 8:00:00 AM
TORONTO and BAY CITY, MI -- (MARKET WIRE) -- 09/28/05 -- Wide E-Convergence Technologies Americas Corporation (WECTAC) (OTC: WDCV), a provider of e-learning technologies and services for training, education and communication, is pleased to announce that WECTAC has executed a Letter of Intent (the "LOI") with Perspective Systems Development & Consultants ("PSDCPlus"), a private New Bombay, India based software development services company, to distribute its products and services to North America. PSDCPlus offers several software solutions that will enable many clients to be more efficient and productive in their day-to-day tasks. Several products include:

Document Master -- Personal / Workplace Automation

Document Master provides a totally integrated workflow, document management, and image editing techniques in a single compact package.

Distributed Networks -- Sales and Distribution Cycle

This platform is designed to offer 3 modules to efficiently manage a Sales and Distribution Network.

-- Distributor's Module -- Web Based -- Order generation / Breakage --
Expiry Forms. [Desktop based SMTP Module also available.]
-- CNF's Module -- Accumulation / Creation / Modification of Orders /
Breakage -- Expiry Forms.
-- Data Mining -- Optional -- Graphical / Textual Representation of Data
Accumulated for the parent company.
"WECTAC is excited to continue building its product suite of technology solutions. We are very fortunate to be working with PSDCPlus who has sold and deployed their proven solutions to many clients around the world," said Mr. Vincent Ramoutar, WECTAC President and CEO.

The joint relationship will allow WECTAC to market and distribute the software products and services of PSDCPlus' on terms to be negotiated, in order to enable WECTAC to offer PSDCPlus solutions exclusively to WECTAC's customers.

"We look forward to working with the WECTAC and its clients to expand our current market presence from India and Europe to now officially include North America," said Ms. Jyotsna Vaidya, PSDCPlus President & CEO.

About WECTAC

Wide E-Convergence Technologies Americas Corporation (WECTAC) (www.wectac.com) provides a powerful platform and consulting services for Interactive Distant Learning (IDL). WECTAC works with corporate and institutional organizations to develop creative solutions for complex, multi-site locations. WECTAC's full range of software and services enable organizations and institutions to meet their e-learning needs, reduce travel expenses, offers customized just-in-time education programs, product launch programs, engage in real-time training and testing across many concurrent locations, and a more effective communication strategy. WECTAC's services are provided within their IDL, a Learning Management System platform to better equip clients to make informed e-learning decisions. Through the integration of a proven technology platform, WECTAC effects a positive change in the e-learning environment while directly reducing training and travel budgets. Additionally, clients are able to customize their training and testing programs, promoting efficiency in delivery and organizational success.

About PSDCPlus

Perspective Systems Development & Consultants ("PSDCPlus") is a software / component development company specializing in Generalized Applications, Customized applications, Component Development [ActiveX/VCL] and providing cutting edge solutions to existing applications. PSDCPlus also provides Consultancy for Medium / Large Scale IT Integration projects.

Information presented in this newsletter contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "projects," "foresee," "expects," "will," "anticipates," "estimates," "believes," "understands" or that by statements indicating certain actions "may," "could," or "might" occur.

CONTACT:
WECTAC
989-891-0853
info*wectac.com
 


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