SOURCE: Visual Management Systems, Inc.

Visual Management Systems, Inc.

January 14, 2010 08:30 ET

Visual Management Systems, Inc. to Forge Strategic Partnership With UDU to Develop Remote Collaboration Applications With a Specific Focus on Telemedicine

TOMS RIVER, NJ--(Marketwire - January 14, 2010) - Visual Management Systems, Inc. (OTCBB: VMSY) is pleased to announce that it is forging a new strategic partnership with UDU, LLC to develop a robust remote collaboration application, the Net Utility Vehicle (NUV), that will allow first responders to work together in real-time over the Internet, regardless of geography, connection-type, weather constraints and other limiting issues, with a specific focus of the joint project on the growing field of telemedicine.

Unlike traditional telemedicine applications, the NUV is a comprehensive collaboration application that allows multiple-users to actually work together remotely, not just teleconference images back and forth like many telemedicine apps today. Users will also not have to rely on any one connection-type, but may utilize satellite communications, wireless CDMA, or other types of data connections. In addition to telemedicine, NUV has applications in the military, veterinary and industrial markets, but due to current market demand the parties believes the telemedicine market is the best opportunity for the partnership to show immediate returns.

NUV is being jointly developed utilizing software and solutions provided by UDU and IPDG's network architecture, video hardware and transmission capability. "By leveraging both UDU's solutions and experience in the telemedicine marketplace combined with our technology platforms and distribution networks, we should be able to deliver a truly unique application for the telemedicine marketplace," stated Jason Gonzalez, President and CEO of Visual Management Systems.

"We specialize in understanding workflows and developing customized solutions that enable interdisciplinary teams to achieve more effective outcomes. For us, accountability to the stated mission of first responders is paramount," stated Bruce Bowdish, PhD Founder of UDU.

The global healthcare IT market is projected to exceed $24 billion by 2015, according to a report by Research and Markets. The American Telemedicine Association also recently published a white paper stating that telemedicine, or information technology enhanced healthcare, must be a core component of any viable healthcare reform strategy and is essential to healthcare reform.

About Visual Management Systems

Visual Management Systems, Inc. and its subsidiary Intelligent Product Development Group are committed to developing and implementing industry-leading video security technology at affordable price points. For more information, visit www.vmscctv.com or call 877-323-CCTV.

About UDU

UDU, LLC is committed to providing solutions to workflows for interdisciplinary teams that promote effective communications utilizing a wide range of networks types and protocols. For more information, call 860-437-7668.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Certain statements in this press release constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, the company's ability to attract and retain key personnel, the company's ability to raise capital, the continued cooperation of creditors and vendors, national and local economic conditions, the ability of the company to reach agreements with the proposed distributor, joint venture and integration partners discussed in this release, conditions and trends in the video surveillance and security industries in general, the ability of the company to attract enterprise-scale customers, changes in interest rates, commercial acceptance of the company's products, the effect of government regulation on the company's operations and other factors described from time to time in the company's filings with the Securities and Exchange Commission.

Contact Information

  • CONTACT:
    Jason Gonzalez
    CEO
    VISUAL MANAGEMENT SYSTEMS, INC.
    www.vmscctv.com
    732-281-1355