posted
They have released a new version of their software. Looking back the company seemed to be on a roll but got caught up in some legal issues with some of their subsidairy companies. They just recently resolved that by acquiring 100% interest in this company. Pr release states that they are back 100% focused on delivering their products instead of spending time on litigation which has finally been resolved. Do your own DD on this and look at where the were 2 years ago. I personally believe they have the capability of returning to this level!!!
quote:Originally posted by DiQuiRiesco: Care to elaborate?
posted
VCSY -- Vertical Computer Systems, Inc. Com ($0.0001)
Company News and Press Releases From Other Sources:
NOW Solutions Unveils emPath(R) 6.3; New Release Takes Advantage of Microsoft .NET Technology
FORT WORTH, Texas, Mar 03, 2004 (Canada NewsWire via COMTEX) -- Building upon 32 years of leadership in the HRMS marketplace, NOW Solutions, LLC, a wholly owned subsidiary of Vertical Computer Systems, Inc. (OTC: VCSY), today unveiled emPath(R) 6.3. Not only is this release built upon the Microsoft .NET platform, thereby extending NOW Solutions' leadership position in performance and technology, but also it is designed to be the easiest upgrade yet for existing customers. emPath(R) 6.3, a Web-based HRMS solution, provides functional efficiency for the entire enterprise, coupled with remarkable performance gains. Tightly integrating the organization's human resources and payroll functions, emPath(R) provides comprehensive administrative and workflow capabilities, as well as employee empowerment via employee and manager self-service, all delivered with zero client administration.
"Delivering on NOW Solutions' track record of offering innovation, reliability and results, emPath(R) 6.3 is our best release yet, and we feel it is an outstanding release when compared with the alternatives available today in the HRMS marketplace," says Kent Orgain, Vice President Development, NOW Solutions. "The use of Microsoft's .NET technology allows us to deliver extremely fast performance and a robust and scalable web tier, and at the same time positions us to move forward quickly in the important and rapidly- evolving area of web application usability."
emPath(R) 6.3 continues to evolve its many noteworthy features including workflow processing, employee self-service and manager self-service. emPath(R)'s workflow functionality allows users the ability to streamline business processes, reducing the amount of time human resources and payroll professionals expend on administrative duties and paperwork. Using a standard Web browser, emPath(R) Employee Self-Service allows employees the opportunity to view, and where permitted, modify personal work-related information. Additionally, managers and executives have similar capabilities on their desktop. Managers and executives can retrieve and navigate through employee information, create requests and manage approvals for important workplace changes. Additional features of emPath(R) include Web-browser-based access, simplified installation, rapid and easy configuration, streamlined administration, zero-maintenance desktops, and embedded users guides. New enhancements in this release include support for Microsoft Windows 2003, language support for Spanish and YTD on employee self-service checks.
"emPath(R) 6.3 is a progressive and logical step forward for NOW Solutions," said Marianne Franklin, President & Chief Executive Officer, NOW Solutions. "This release demonstrates our commitment to delivering a product in the HRMS marketplace that is adaptive and flexible to the changing needs of our customers."
About NOW Solutions, LLC
NOW Solutions, LLC, a wholly owned subsidiary of Vertical Computer Systems, Inc., is a best-of-breed HRMS and payroll software and business solutions provider. A pioneer in HRMS solutions, NOW Solutions provides the capabilities companies need to manage their ever-changing workplace in the face of today's complex requirements. NOW Solutions is a respected business partner serving hundreds of customers throughout the United States and Canada. NOW Solutions' presence can be found in industries including education, for profit services, healthcare, high technology and communications, insurance, manufacturing, natural resources, not for profit, public sector, retail, transportation, and utilities. NOW Solutions has offices in Fort Worth, San Francisco Bay Area, and Toronto to serve its customers. Information on NOW Solutions and its products can be obtained on the World Wide Web at www.nowsolutions.com .
About Vertical Computer Systems, Inc.
Vertical Computer Systems, Inc. is a multinational provider of Web services, underpinning Web technologies, and administrative software services through its Global Partners System, a worldwide distribution network. Vertical provides Web applications and services targeted at specific market needs in business and government organizations, such as emergency response, news media, procurement, education, ecommerce, and human resources. Vertical also provides underpinning Web and Internet technologies that can be leveraged across all of its target markets. Vertical's software products include the Emily(TM) XML Enabler Agent, ResponseFlash(TM), SiteFlash(TM), UniversityFlash(TM), Newsflash(TM), and the Focal Point Search Engine(TM). For more information on Vertical Computer Systems, visit the company's Web site at www.vcsy.com .
For more information on NOW Solutions, please contact: Marianne Franklin President & Chief Executive Officer NOW Solutions, LLC (905) 671-9888 mariannefranklin@nowsolutions.com
quote:Originally posted by dgrimes333: They have released a new version of their software. Looking back the company seemed to be on a roll but got caught up in some legal issues with some of their subsidairy companies. They just recently resolved that by acquiring 100% interest in this company. Pr release states that they are back 100% focused on delivering their products instead of spending time on litigation which has finally been resolved. Do your own DD on this and look at where the were 2 years ago. I personally believe they have the capability of returning to this level!!!
posted
VCSY -- Vertical Computer Systems, Inc. Com ($0.0001)
Company News and Press Releases From Other Sources:
Vertical Computer Systems, Inc. Acquires the Remaining Interest in its Subsidiary NOW Solutions
AUSTIN, Texas, Feb 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- Vertical Computer Systems, Inc. (OTC: VCSY) is pleased to announce that it now owns 100% of its subsidiary, NOW Solutions, LLC (NOW) by acquiring the ownership interest of its two minority members. Additionally, pursuant to a settlement agreement with one of its minority members, Arglen Acquisitions, LLC (Arglen), the existing arbitration as well as all other legal actions related to Arglen and VCSY and their related parties have been or are being dismissed. According to Richard Wade, the President and CEO of VCSY, "the successful acquisition of the minority interest of NOW and the dismissal of all the legal disputes with Arglen will allow VCSY to get back on track with its objective of marketing its proprietary products, SiteFlash, ResponseFlash, NewsFlash, and Emily, and making NOW a leader in the human resource-payroll software market." About VERTICAL COMPUTER SYSTEMS, INC.
Vertical Computer Systems, Inc. (VCSY) is a multinational provider of administrative software, internet core technologies, and derivative software application products through its distribution network. VCSY's main administrative software product is emPath 6.3, which is developed and distributed by NOW Solutions, LLC, the Company's subsidiary. VCSY's primary internet core technologies include SiteFlash, ResponseFlash, NewsFlash, and the Emily XML Scripting Language, which can be used to build web services. Information on VCSY and its products can be obtained on the World Wide Web at www.vcsy.com.
About NOW Solutions, LLC
NOW Solutions, LLC, a wholly owned subsidiary of Vertical Computer Systems, Inc., is a best-of-breed HRIS and payroll software and business solutions provider. A pioneer in HRIS solutions, NOW Solutions provides the capabilities companies need to manage their ever-changing workplace in the face of today's complex requirements. NOW Solutions is a respected business partner serving hundreds of customers throughout the United States and Canada. NOW Solutions' presence can be found in industries including education, for profit services, healthcare, high technology and communications, insurance, manufacturing, natural resources, not for profit, public sector, retail, transportation, and utilities. NOW Solutions has offices in Fort Worth, the San Francisco Bay Area, and Toronto to serve its customers. Information on NOW Solutions and its products can be obtained on the World Wide Web at www.nowsolutions.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 software, the market reception to 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 the company may have little or no control such as those described in the company's filings with the SEC.
quote:Originally posted by dgrimes333: VCSY -- Vertical Computer Systems, Inc. Com ($0.0001)
Company News and Press Releases From Other Sources:
NOW Solutions Unveils emPath(R) 6.3; New Release Takes Advantage of Microsoft .NET Technology
FORT WORTH, Texas, Mar 03, 2004 (Canada NewsWire via COMTEX) -- Building upon 32 years of leadership in the HRMS marketplace, NOW Solutions, LLC, a wholly owned subsidiary of Vertical Computer Systems, Inc. (OTC: VCSY), today unveiled emPath(R) 6.3. Not only is this release built upon the Microsoft .NET platform, thereby extending NOW Solutions' leadership position in performance and technology, but also it is designed to be the easiest upgrade yet for existing customers. emPath(R) 6.3, a Web-based HRMS solution, provides functional efficiency for the entire enterprise, coupled with remarkable performance gains. Tightly integrating the organization's human resources and payroll functions, emPath(R) provides comprehensive administrative and workflow capabilities, as well as employee empowerment via employee and manager self-service, all delivered with zero client administration.
"Delivering on NOW Solutions' track record of offering innovation, reliability and results, emPath(R) 6.3 is our best release yet, and we feel it is an outstanding release when compared with the alternatives available today in the HRMS marketplace," says Kent Orgain, Vice President Development, NOW Solutions. "The use of Microsoft's .NET technology allows us to deliver extremely fast performance and a robust and scalable web tier, and at the same time positions us to move forward quickly in the important and rapidly- evolving area of web application usability."
emPath(R) 6.3 continues to evolve its many noteworthy features including workflow processing, employee self-service and manager self-service. emPath(R)'s workflow functionality allows users the ability to streamline business processes, reducing the amount of time human resources and payroll professionals expend on administrative duties and paperwork. Using a standard Web browser, emPath(R) Employee Self-Service allows employees the opportunity to view, and where permitted, modify personal work-related information. Additionally, managers and executives have similar capabilities on their desktop. Managers and executives can retrieve and navigate through employee information, create requests and manage approvals for important workplace changes. Additional features of emPath(R) include Web-browser-based access, simplified installation, rapid and easy configuration, streamlined administration, zero-maintenance desktops, and embedded users guides. New enhancements in this release include support for Microsoft Windows 2003, language support for Spanish and YTD on employee self-service checks.
"emPath(R) 6.3 is a progressive and logical step forward for NOW Solutions," said Marianne Franklin, President & Chief Executive Officer, NOW Solutions. "This release demonstrates our commitment to delivering a product in the HRMS marketplace that is adaptive and flexible to the changing needs of our customers."
About NOW Solutions, LLC
NOW Solutions, LLC, a wholly owned subsidiary of Vertical Computer Systems, Inc., is a best-of-breed HRMS and payroll software and business solutions provider. A pioneer in HRMS solutions, NOW Solutions provides the capabilities companies need to manage their ever-changing workplace in the face of today's complex requirements. NOW Solutions is a respected business partner serving hundreds of customers throughout the United States and Canada. NOW Solutions' presence can be found in industries including education, for profit services, healthcare, high technology and communications, insurance, manufacturing, natural resources, not for profit, public sector, retail, transportation, and utilities. NOW Solutions has offices in Fort Worth, San Francisco Bay Area, and Toronto to serve its customers. Information on NOW Solutions and its products can be obtained on the World Wide Web at www.nowsolutions.com .
About Vertical Computer Systems, Inc.
Vertical Computer Systems, Inc. is a multinational provider of Web services, underpinning Web technologies, and administrative software services through its Global Partners System, a worldwide distribution network. Vertical provides Web applications and services targeted at specific market needs in business and government organizations, such as emergency response, news media, procurement, education, ecommerce, and human resources. Vertical also provides underpinning Web and Internet technologies that can be leveraged across all of its target markets. Vertical's software products include the Emily(TM) XML Enabler Agent, ResponseFlash(TM), SiteFlash(TM), UniversityFlash(TM), Newsflash(TM), and the Focal Point Search Engine(TM). For more information on Vertical Computer Systems, visit the company's Web site at www.vcsy.com .
For more information on NOW Solutions, please contact: Marianne Franklin President & Chief Executive Officer NOW Solutions, LLC (905) 671-9888 mariannefranklin@nowsolutions.com
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