SOURCE: VillageEDOCS Inc.

June 23, 2006 09:00 ET

VillageEDOCS (OTCBB: VEDO) Retains Agile Equity to Identify Strategic Acquisitions

TUSTIN, CA -- (MARKET WIRE) -- June 23, 2006 -- VillageEDOCS (OTCBB: VEDO) announced today it has retained Agile Equity, a New York-based investment bank, to identify and evaluate potential acquisitions. Mason Conner, President and CEO of VillageEDOCS, said: "The process of identifying strong acquisitions targets to supplement our organic growth is underway. We looking forward to working with Agile to drive shareholder value and execute on this next stage of growth for our company."

About Agile Equity

Founded in 1996, Agile Equity is an investment bank specializing in the technology sector. Located on Park Avenue in New York City, Agile Equity is led by a strong team of corporate finance professionals with extensive transaction experience providing strategic and financial advice to leading companies worldwide. For additional information, please contact David Cummings, Managing Partner at Agile Equity, at 212-475-1100, or by e-mail davec@agileequity.com.

About VillageEDOCS

VillageEDOCS, through its MessageVision subsidiary, is a leading provider of comprehensive business-to-business business information delivery 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 Resolutions subsidiary, VillageEDOCS provides products for document management, document imaging, electronic forms, document archiving, and e-mail archiving. Through its GoSolutions subsidiary, VillageEDOCS provides enhanced voice and data delivery services. 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 retaining Agile Equity, 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 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 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.

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