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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Virtual Ed Linc Inc (CE) | USOTC:VRED | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.000001 | 0.00 | 00:00:00 |
The primary purpose of the VRED School Safety Management System (SSMS) product is to collaborate information from the school to the administration, staff, parents and community. Not only is this collected information valuable to the school community, it is also very important to these particular state agencies. Information and statistics regarding firearms, illegal drugs, hate crimes, gang activity, student violence and terroristic threats are all major topics of concern by state authorities.
In New Jersey, all school districts are required by the State Board of Education to adopt and implement policies and procedures consistent with the State Memorandum of Agreement approved by the Attorney General and Commissioner of Education. This memorandum is then signed by each school and municipality statewide.
"The Memorandum of Agreement between the school district and the State's Attorney General's Office includes sections on school security planning and training. We are having discussions with officials on utilizing this vehicle for implementation of the SSMS product for school districts," said John Bay, President and CEO of Virtual Ed Link. "This seems to be a very viable alternative and solution to the tight budget scenarios we are encountering with local school districts."
The SSMS solution coordinates information manually and electronically from sources throughout the school district -- processing this information into actionable intelligence. This patterning and processing is done through proprietary algorithms designed by VRED, Viyya Technologies (VYON) and other integration partners. The resulting intelligence can then be utilized by the school administration, local authorities and state agencies to prevent security and safety breaches within the school system rather than just reacting to problem after it occurs.
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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