Viyya Technologies Forms Virtual Ed Link Subsidiary in Response to Campus Requests for Emergency Alerts
June 28 2007 - 10:27AM
Business Wire
Viyya Technologies Inc. (PINK SHEETS: VYON), developer and marketer
of information management systems, today announced the formation of
a new business unit aimed at answering campus and school
administrators� requests for help protecting students from threats
to their safety and security. Educational institutions, large and
small, acknowledge that searching for better systems to disseminate
alerts and protect students tops their lists of summer priorities
Virtual Ed Link, Inc. projects a significant number of schools will
be adding the EAIP in the coming days. Delivery and implementation
is expected for some 200 school systems over the next 12 months.
Projected revenues for the Virtual Ed Link service are estimated at
approximately $2 to $2.5 million in recurring product licensing for
its first fiscal year. Virtual Ed Link Inc., the Viyya subsidiary,
will be staffed by Tim Brock, president of Atlantic Services Inc.,
and a team with seasoned professionals with experience in
delivering solutions to school districts in the tri-state area.
They will be drawing on the power of Viyya�s specialized Emergency
Alert Information Portal, a system that uses Viyya�s proprietary
portal technology and is geared for speed and collaborative Web 2.0
functionality. �Virtual Ed Link has introduced school
administrators to the broad-based solution in the EAIP for improved
day-to-day school management, plus help for students and faculty in
the event of an emergency,� Brock explained. �The response has been
overwhelming.� Other subsidiary units to be added Due to the strong
response to the power of Viyya technology, the company has aligned
partners in four additional vertical markets - the Legal
Marketplace, the Construction Industry, Healthcare, and Information
Protection for High Net-worth Individuals. Negotiations are
currently underway with each vertically aligned partner and
announcements will be forthcoming over the next few months. Company
officials project added revenues of approximately $2 million for
each of the four new groups. �We expect the summer months to be
productive, beginning with the implementation of the Virtual Ed
Link service and continuing with a strong list of prospective
customers currently in the sales cycle closing in the Fall,� noted
John Bay, Viyya CEO. About Viyya Technologies Viyya Technologies
(Pink Sheets: VYON) is the developer and marketer of the world's
most advanced, Web 2.0 information management application. Viyya
has assembled the tools that allow individuals to turn "Information
Overload" into customized personal and business intelligence,
empowering them to automate and manage their Internet information
through trusted and open sources. Viyya provides easy-to-use
filtering, parsing, and notification techniques for the maximum
information impact, while storing information for quick, easy,
effective retrieval. For additional company information, please
visit www.viyya.com. Legal Notice Regarding Forward-Looking
Statements "Forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995 may be included in this
news release. These statements relate to future events or our
future financial performance; they are only predictions and may
differ materially from actual future results or events. Viyya
disclaims any intention or obligation to revise any forward-looking
statements whether as a result of new information, future
developments or otherwise. Important risk factors -- including but
not limited to risks associated with changes in general
economic/business conditions (including in the IT and financial
information industries), actions of our competitors, the extent to
which we are able to develop new services and markets for our
services, the time and expense involved in such development
activities, the level of demand and market acceptance of our
services and changes in our business strategies � could cause
actual results to differ from those contained in forward-looking
statements.
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