SOURCE: VillageEDOCS Inc.

December 01, 2008 08:30 ET

VillageEDOCS CEO Mason Conner Featured in WallSt.net Interview

SANTA ANA, CA--(Marketwire - December 1, 2008) - VillageEDOCS, Inc. (OTCBB: VEDO), a Solution as a Service (SaaS) company, announced today that its Chief Executive Officer, Mason Conner, conducted an interview with WallSt.net's "3 Minute Press Show." VillageEDOCS' Solution as a Service platform is part of the largest segment of the growing Software as a Service (SaaS) market.

During the interview, Mr. Conner gave a general Company overview and highlighted recent third quarter financial performance with the Company reporting a 19% increase in revenue to a record $4.3 million for the quarter, and a return to profitability with a net profit of $318,000 for the quarter, despite a challenging economic environment. He noted that as a result of the growth the Company has achieved over the last several years both organically and through acquisition, it has now crossed the line from being cash flow positive to breakeven and net profitability. Mr. Conner also noted that VillageEDOCS was recently ranked 14th in the prestigious Deloitte & Touche 2008 Orange County Technology Fast 50 program, a ranking of the 50 fastest growing technology firms in Orange County, CA, and was also included in Deloitte's 2008 Technology Fast 500 ranking of the 500 fastest growing companies in North America, where VillageEDOCS was ranked 267th, based on revenue growth of 654 percent over the last five years.

To listen to the audio interview in its entirety, please visit http://tv.wallst.net/r/3-minute-press/Mason-Conner/354/1418/. The interview will also be archived on the WallSt.net (http://www.wallst.net). Click on 3-Minute Press Show and enter ticker "VEDO" in the search box.

About VillageEDOCS, Inc.

VillageEDOCS, Inc., through its MessageVision subsidiary, is a leading provider of comprehensive business-to-business information delivery and document management services and products for organizations with mission critical needs, including major corporations, government agencies and non-profit organizations. Through its Tailored Business Systems subsidiary, VillageEDOCS provides accounting and billing solutions for county and local governments. Through its GoSolutions subsidiary, VillageEDOCS provides enhanced voice and data delivery services. Through its Questys Solutions subsidiary, VillageEDOCS provides advanced electronic document/content management and automated data capture solutions to a variety of markets in the U.S. and abroad. For further information, visit our website at www.villageedocs.com.

Cautionary Statement Regarding Forward-Looking Information

All statements in this press release that do not directly and exclusively relate to historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements made in this press release, including, without limitation, those relating to our belief about the benefits the Company has derived, or may derive, from pursuing its acquisition strategy or from new management personnel or consultants, and our expectations regarding future operating results, including such for the remainder of 2008 and for 2009, are forward-looking statements. These statements, and other forward looking statements in this press release, represent the Company's plans, intentions, expectations and belief and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected or expressed herein. These include, without limitation, risks associated with acquisitions, such as the inability to complete a transaction or to assimilate and integrate new operations and retain key personnel, uncertainties in the market, competition, legal, regulatory initiatives, success of marketing efforts, availability, terms and deployment of capital, personnel risks, and other risks detailed in the Company's SEC reports, of which many are beyond the control of the Company. Trading in the Company's common stock is limited, and marketability of the stock is restricted by penny stock regulations and the fact that our common stock is traded on the OTCBB. The Company does not presently qualify, and may never qualify, to be listed or quoted on any exchange or other market. The Company assumes no obligation to update or alter the information in this press release. Investors are cautioned not to put undue reliance on any forward-looking statements. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in Section 21E of the Exchange Act.

Contact Information

  • Contact:
    Mason Conner
    Chief Executive Officer
    VillageEDOCS
    714-368-8711
    -or-
    Ron Stabiner
    Vice President
    The Wall Street Group, Inc.
    212-888-4848