Videolocity International, Inc.
PINK SHEETS : VCTY

Videolocity International, Inc.

March 01, 2011 15:46 ET

Videolocity International (VCTY) Agreement with Zhengzhou Xinzheng International Airport

HENDERSON, NEVADA--(Marketwire - March 1, 2011) - Videolocity International, Inc. (PINK SHEETS:VCTY) (www.videointernationalcorp.com) announced that sole subsidiary Tactician University has entered a long-term management consultancy agreement with Zhengzhou Xinzheng International Airport (IATA: CGO, ICAO: ZHCC).

Airport administrators held in-depth meetings with Tactician's leaders before inviting Tactician to provide them with long-term investment, financial, management and administration advisory services. These services include creating strategies to maintain long-term sustainable development, consulting with management on the airport's business operations and investment projects, and designing a plan to measure management efficiency.

This agreement will provide the airport with new ideas and strategies that it can incorporate into its daily operations. It will also provide a solid foundation for co-operation with the Civil Aviation Administration of China, the establishment of a technical training centre and further synchronicity between Tactician and the airport.

Zhengzhou Xinzheng International Airport is the principal airport of Zhengzhou, which is located in the Chinese province of Henan. It handles domestic and regional flights to most major cities in China, charter flights for tourists visiting Thailand and international cargo flights to the Middle East and North Africa.

Tactician University is a progressive management education, leadership training and think tank venture that tackles prevalent issues in the Chinese economy and society. It continues to grow, offer insights and positively influence China's decision-makers. Tactician has a proven business model and VCTY is considering complementing it with additional viable ventures.

More details to follow.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Videolocity International Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Videolocity International Inc. cautions you that any forward-looking information provided by or on behalf Videolocity International Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Videolocity International Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Videolocity International Inc.'s control. In addition to those discussed in Videolocity International Inc.'s press releases, public filings, and statements by Videolocity International Inc.'s management, including, but not limited to, Videolocity International Inc.'s estimate of the sufficiency of its existing capital resources, Videolocity International Inc.'s ability to raise additional capital to fund future operations, Videolocity International Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Videolocity International Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Videolocity International Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact Information