Later, he became a Vice President of Sales and an equity partner with Compu-Cash Systems (Compu-Cash), a Kronos reseller, and sold time and labor products to such companies as The Venetian, Wynn Las Vegas, Station Casinos, The Palms, Hard Rock, and Caesar's among many others. Mr. Arredondo later sold his ownership stake in Compu-Cash.
"We believe there is a great synergy between the two companies and their respective products. Priority Time Systems' time and attendance product can be fully integrated with emPath(R), the payroll and human resources product of NOW Solutions, VCSY's wholly owned subsidiary, to meet the needs of its clients. Initially, NOW Solutions will focus on its healthcare and governmental clients and VCSY will also sell the Priority Time Systems product separately," stated
"I am extremely pleased to join the VCSY family and to have the opportunity to finalize the completion of the time and attendance product I have been developing to capitalize on what I perceive to be a significant weakness of existing market leaders," added
Forward looking statements disclosure: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which represent the Company's expectations or beliefs concerning future events. When used in this release, the words "expects," "plans," "anticipates," "indicates," "believes," "forecast," "guidance," "outlook," "may," "will," "should," "seeks," "targets" and similar expressions are intended to identify forward-looking statements. Similarly, statements that describe the Company's objectives, plans or goals are forward-looking statements. All forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
About Vertical Computer Systems, Inc.
Vertical Computer Systems, Inc. (OTCBB: VCSY) is a provider of administrative software, Internet core technologies, and derivative software application products through its distribution network. VCSY's main administrative software product is emPath(R), which is developed and distributed by NOW Solutions, Inc., the Company's wholly-owned subsidiary. EmPath(R) is a payroll and human resources software application, which consists of a fully secure web based HRMS suite as well as a Software-as-a-Service (SaaS) solution. VCSY's primary Internet core technologies include SiteFlash(TM), ResponseFlash(TM), NewsFlash(TM), and the Emily XML Scripting Language, which can be used to build web services. Information on VCSY and its products can be obtained on the World Wide Web at www.vcsy.com.
SOURCE Vertical Computer Systems, Inc.