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visionGATEWAY wins US$28m Contract for INTERScepter(TM) With its SMB Lite(TM) Solution
visionGATEWAY wins US$28m Contract for INTERScepter(TM) With its SMB Lite(TM) Solution
SAN DIEGO, May 20 /PRNewswire-FirstCall/ -- visionGATEWAY Inc.
(Pink Sheets: VGWA), a developer and marketer of products that increase
management and control by employers and parents over Internet use by their
employees or children, announced today that its INTERScepter(TM) SMB Lite(TM)
appliances, a solution that allows small businesses to manage their employees
effectively and responsibly, has been selected by a major retail group for
sale in more than 500 retail stores inAustralia, with deliveries set to
commence in July 2008. The contract, valued by the Company at over US$28
million over a period of 12 months, calls for 1,600 INTERScepter SMB Lite
appliances per month through a direct network of 72 stores and distribution to
more than 500 stores acrossAustralia. The purchaser will make an immediate
deposit on the order.
President Martin Wotton commented, "Small Medium Businesses (SMB) today
are very concerned about what their staff are doing on the Internet and the
resultant cost in lost productivity. Within an environment of escalating
business costs SMBs need to be able to maximize their employees' productivity.
Our SMB Lite solution is specifically aimed at businesses of around 20
employees and is extremely cost effective showing a return on investment to
the small business owner in under three months."
INTERScepter SMB Lite gives businesses complete control over all Internet
use in the office -- managing all users and how they access web sites and all
applications (such as Facebook, YouTube, MySpace, Instant Messaging, Email and
Chat Rooms). It also features minute-by-minute reporting and control over all
the 65,000 ports that access the Internet. The appliance version is a
plug-and-play option that can be easily installed in the office network
without disrupting any information flow.
Wotton said that the Company is currently in negotiation with additional
retailers and distributors, for both INTERScepter SmartParent(TM), and its
INTERScepter Small Medium Business(TM) solution line, in overseas markets
beyondAustralia.
About visionGATEWAY
visionGATEWAY is committed to the development of a high-growth, public
company that creates, acquires, licenses and markets software solutions for
Internet Resource Management and Security, capitalizing on the explosive
growth of Internet use worldwide. As the global economy becomes ever more
dependent on Internet-based tools and services, visionGATEWAY is positioned to
exploit several multibillion dollar markets by delivering highly sophisticated
security solutions to key government agencies, businesses, universities,
financial services, and directly to the retail Internet consumer.
visionGATEWAY is growing revenues worldwide within expanding markets in
the United States,United Kingdom,Europe,South East Asia,Japan, as well as
Australia andNew Zealand. For more information, please visit:
http://www.visiongateway.net.
Forward-looking statements
This news release contains forward-looking statements that are subject to
certain risks and uncertainties that may cause actual results to differ
materially from those projected on the basis of such forward-looking
statements. Such forward-looking statements are made based upon management's
beliefs, as well as assumptions made by, and information currently available
to, management pursuant to the "safe-harbor" provisions of the Private
Securities Litigation Reform Act of 1995.
Contact:
Allen & Caron visionGATEWAY
Joe Allen (investors) Michael Emerson
Brian Kennedy (media) Chief Executive Officer
+1-212-691-8087 Tel: +1-858-794-1416
joe@allencaron.com Fax: +1-858-794-1450
brian@allencaron.com info@visiongateway.net
SOURCE visionGATEWAY Inc.
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