SOURCE: The Estate Vault Inc.

October 15, 2010 20:17 ET

The Estate Vault Inc. Adds Operational Expertise to Better Manage Growing Sales Pipeline and Customer Base

LAS VEGAS, NV--(Marketwire - October 15, 2010) -  The Estate Vault Inc. (PINKSHEETS: TEVI), a leading provider of secure, personal digital content, value-added products and services to organizations in the financial services industry, announced today it has reorganized its executives to better address Estate Vault's growing sales pipeline activity and customer activity.

Edward Deutsch, President and acting CEO of Estate Vault, confirmed today that Estate Vault has made changes internally to better manage and address business opportunities. Mr. Deutsch is pleased to announce that Mr. David Engel of Montreal will immediately become the Chief Operating Officer of Estate Vault. "David brings over 35 years of hands-on experience in the financial services and insurance marketplaces, and is the ideal executive to add to Estate Vault at this time. David was a co-originator of the Estate Vault concept 7 years ago and has always acted as an advisor to the company. The time was right to bring David aboard and have Estate Vault benefit from his specific knowledge and experience in the markets that Estate Vault is focused on," concluded Edward.

The Estate Vault solution platform has set the standard for how to store and share personal data, making sure that consumers can find important information when they need it... legal wills, life insurance documents, medical files/images, including x-rays, passport images, home insurance policies with picture upload capability... and much, much more. All these e-Vault portals with uploaded documents are accessible from a desktop, portable USB credit card for a wallet/purse, or through the internet... so no matter where someone is, they will always have access to their information when it is needed most.

Mr. Deutsch also added that, "The financial services marketplace has really been receptive to Estate Vault solutions, especially since it introduced InstaDoc-Direct, the perfect way to get electronic information delivered right into your clients/customers' e-Vault. Business is growing at a pace that requires us to add operational experience to deliver our solutions and keep all our customers extremely satisfied with our service."

About The Estate Vault Inc.

The Estate Vault Inc. was developed as a user-friendly solution for the daunting task of organizing and storing all financial, personal, legal and medical documents and information, up-to-date and in a single, secured location. Together with its strategic product partners, The Estate Vault has packaged its unique "information vault" application into the end-users' choice of three distinct computer-based mediums: locally- or PC-based; Web-based; and USB flash drive-based, the latter of which not only stores the user's information, but also includes the executable application housed internally. All three methods enable the end-user secured, autonomous control of the storage and retrieval of the stored data.

The Estate Vault intends to become the leader in value-added products and services to the financial services and direct-to-consumer industries by providing a product and service at a low price point and then leveraging technology known as IntelliAD and IntelliBrand to maximize brand awareness. For additional information, please visit:

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Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, which is dependent upon its ability to secure additional needed capital, the level of costs incurred in connection with the Company's planned expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements.

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