Virtual Ed Link: Empire to Report Research Quarterly
May 25 2010 - 8:41AM
Marketwired
Virtual Ed Link, Inc. (PINKSHEETS: VRED) --
John Bay, CEO of Virtual Ed Link, announced today that Virtual Ed
Link will institute quarterly research reports with Empire Research
Associates, Inc. of Chatham, NJ. William N. Walling of Empire
initiated coverage in February when they recommended VRED as a
"strong speculative buy."
Virtual Ed Link, an innovator of superior integrated information
system for safety and security applications in schools is "both
very attractive and suitable for purchase by high risk/high
return-oriented investors," according to the previously published
Empire Research report.
In recapping the report, it outlined following positive factors
in the VRED investment thesis. First, society has a major problem:
safety/security in our schools. Second, VRED has the necessary new
product to mitigate this problem: its Safety and Security
Management System (SSMS). It is the most comprehensive and only
integrated product serving this niche market. Third, this
management team is very talented, broadly experienced and totally
committed. Fourth, rapid revenue growth is foreseen because the
school market is large and unsaturated for VRED's SSMS innovative
offering. Fifth, we expect the Company to raise sufficient and
necessary new capital, due to the match between the market's need
and the capability of the SSMS to meet it. Sixth, successful
execution of VRED's business plan could well lead to future buy-out
bids for the Company, eventually elevating the share price.
William N. Walling, Chairman of Empire, stated in the report,
"We expect VRED's SSMS will become a big commercial success because
of its superior features and limited competition in a sizable,
niche market."
Empire Research Associates, Inc. ("Empire Research") is a
NJ-based business-consulting firm, specializing in economic,
financial, investment, and management information system matters.
Its three principals have over a century of experience in these
fields. William ("Bill") N. Walling, Jr., CFA, is founder and
Chairman of Empire Research. He holds a BA and MBA and is a
Chartered Financial Analyst. He is a former four-time member of the
Institutional Investor Magazine All-America Research Team. Heinz
Jauch is President of Empire Research. He holds a Ph.D. in
Economics and is a Chartered Financial Analyst. He has also
completed major consulting assignments, including ones for Bankers
Trust Co. and Port Authority of NY. Ronald E. Olsen is V.P. of
Empire Research. His career has been in investment portfolio
management. His previous positions include Trust Investment Officer
at Empire Trust Co. and at Howard Savings Bank.
"We are very happy to continue our relationship with Empire
Research Associates," said John Bay, President & CEO of Virtual
Ed Link. "They have proven to be an excellent choice. They spend
many hours in our office with our staff conducting a thorough and
professional report, leaving no stone unturned in their
assessments."
A copy of the complete report may be found at
http://www.virtualedlink.org/investor-relations.php.
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.
Contact: Pam Dominiczak Investor Relations Virtual Ed Link, Inc.
Phone: 973-276-0555 info@virtualedlink.org
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