Visiphor Grants Options
October 08 2008 - 7:05PM
Marketwired
Visiphor Corporation ("Visiphor") (OTCBB: VISRF) (TSX-V: VIS)
(XETRA: IGYA) announces that it has granted a total of 1,200,000
options to officers and directors of the Company at an exercise
price of $0.10 with an expiry date of October 7, 2011. One third of
these options will vest immediately, one third will vest one year
from the date of grant, and the final third will vest two years
from the date of grant, with a four month hold period that expires
on February 7, 2009.
About Visiphor
Visiphor is a software product and services company with special
capabilities for delivering practical, rapidly deployable solutions
serving the government, law enforcement, security, health care and
financial services sectors.
Visiphor's products include Computerized Arrest and Booking
(CABS), the InForce Suite to search and locate disparate
information, Facial Recognition, and the Briyante Integration
Environment (BIE) for integration needs.
Visiphor solutions are utilized in Canada, the United Kingdom,
United States, Mexico and the Far East. The company is a Microsoft
Gold Certified Partner. For information about Visiphor, please
refer to www.visiphor.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Oliver 'Buck' Revell"
Chairman, Visiphor Corporation
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news
release.
Forward-Looking Statements: This press release may contain
statements that constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, performance or achievements, to differ materially from the
anticipated results, performance or achievements expressed or
implied by such forward-looking statements. Factors that could
cause actual results to differ materially from anticipated results
include the risks and uncertainties described in Visiphor
Corporation's Form 10-KSB filed with the United States Securities
and Exchange Commission. We disclaim any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
Distributed by Filing Services Canada and retransmitted by
Marketwire
Media and Investor Inquiries: Roy Trivett CEO Visiphor
Corporation Phone: 604-684-2449 Ext. 234 E-mail: Email Contact
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