SOURCE: VShield Software Corp.

January 23, 2008 09:30 ET

VShield Software Corp. Moves Into AI Development

VShield Software Corp. to License Gold Hill AI Source Code

DOVER, DE--(Marketwire - January 23, 2008) - VShield Software Corp. (PINKSHEETS: VSHE) today announced that it will be acquiring the source code license to one of the world's premier LISP-based, intelligent programming environments. Gold Hill is a pioneer in dynamic, object-oriented software tools and applications. Gold Hill products make it straightforward to create, from simple to the most advanced, mission-critical intelligent applications. Extensive features, including dynamic programming and data communications functionality, enable users to slash development time and implement functional prototypes quickly. GCLISP Developer, the most powerful 5th generation Object-Oriented development tool for Microsoft Windows NT and Windows 95. GCLISP Developer is the most powerful and extendible, dynamic object-oriented development system available for prototyping and developing advanced PC-based applications. Now, GCLISP Developer gives you the power and performance of LISP, fully integrated with the Windows environment. GCLISP Developer is guaranteed to give you the added power and performance you've been looking for...and, GCLISP Developer breaks through integration barriers, shortens development time, and takes up less space.

"The new Artificial intelligence software will allow us to leap ahead with some of the unique upgrades that we have planned for our security software while saving us development time and money. There are also standalone products that we can enhance with our secure operating environment and expand their marketability," commented Patrick Burke, Chief Technical officer of VShield Software Corp. "It's a real pleasure to have the flexibility and the freedom to increase your asset base of software suites without slowing development or adding overhead. We are going to be a hard-to-beat software provider with software tools, profitability and burn rate unmatched in the industry," stated Patrick Burke.

About VShield Software Corp.

The company designs, produces, markets and sells leading edge computer security software programs that feature advanced software development and technologies that are superior to other products on the market. All of the Company's security systems are based on previously proven and field-tested large commercial security systems. These systems are based on hiding, disguising and encrypting various levels of files maintained on a computer such that an intruder is unable to obtain information from a desired file. This is unlike existing 'firewall' systems now on the market which are focused on keeping intruders from gaining unauthorized entry to a computer. Where applicable, products are patent and copyright protected in both Canada and the United States.

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the Company and its operations are included on certain forms the Company files with the Securities and Exchange Commission.

Contact Information

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