Current Trends Bode Well for Virtual Ed Link
16 Diciembre 2009 - 7:00AM
Marketwired
Virtual Ed Link, Inc. (PINKSHEETS: VRED) - Dr. Alan McCartney, COO
of Virtual Ed Link announced today that current buying trends
coupled with recent news headlines will help Virtual Ed Link take a
leadership role in the market.
Recently Virtual Ed Link made news headlines with Fox, CBS and
Cable News 12 being called, a "first of its kind" security service.
This coupled with 4A International projections that the overall
security technologies market will reach approximately $70 billion
globally, rising 15% annually bodes well for our company.
The physical security aspect market potential is estimated at
15% of this total number, or approximately $12 billion by 2012. It
is estimated that revenues from independent software vendors (ISVs)
in this space will begin at a small fraction of total revenue,
tripling each successive year.
In addition, the Bureau of Labor Statistics has partial data for
2008 and no data yet for 2009 concerning security spending as a
percentage of organizational budgets. The anecdotal evidence
suggests workplace violence in 2009 is at a record pace as a result
of the economic crisis and continuing recession. The organizations
spending the highest percentage of their budgets on safety and
security are Colleges and Universities at 11.700% and K-12 Schools
at 4.610%
A recent survey by Zogby International found that four in ten
teachers felt their schools were not doing enough to protect
students, while three in ten said they believed their school was
vulnerable. Virtual Ed Link's integration of eLearning, physical
security, a world class notification system and the ability to
continually receive up-to-date data, clearly puts us into a
position to help schools change these perceptions.
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
Virtual Ed Linc (CE) (USOTC:VRED)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Virtual Ed Linc (CE) (USOTC:VRED)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024