SOURCE: Visual Management Systems, Inc.

Visual Management Systems, Inc.

January 11, 2010 11:10 ET

Visual Management Systems to Formally Become Intelligent Product Development Group

TOMS RIVER, NJ--(Marketwire - January 11, 2010) - "It's been more than a year since we started shifting the company's focus from system sales and integration to software engineering and product development. At this point, there are just a few steps left to finalizing that move," said Jason Gonzalez, CEO of Visual Management Systems (OTCBB: VMSY). "Changing our name is formal recognition of being within reach of that goal."

Visual Management Systems, which will formally become known as Intelligent Product Development Group, Inc., or IPDG, only requires final board approval to begin branding its new identity. "We have spent our entire corporate life until now working to make this happen and it represents a critical milestone for us to have survived the transition. Many companies do not make it through such a move," Gonzalez said.

"Our dealers and distributors have done better than expected with the new products and we have orders to validate their acceptance from existing and new customers alike," Mr. Gonzalez continued. "We expect IPDG to move very quickly into its operating plan by introducing new dealers, domestic and international distribution and financing for the new business plan in the coming weeks."

Gonzalez concluded by saying, "This is what we have worked for. Software sales and licensing are nationally and internationally scalable whereas enterprise level integration presents substantial inventory, employment and overhead challenges to achieve the same financial results. We have the products to give us an advantage. It is management's job to capitalize on this opportunity."

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 or call 877-323-CCTV.

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

    Jason Gonzalez