SOURCE: Virtual Ed Link, Inc

February 20, 2008 08:57 ET

Virtual Ed Link Wins New York State's CoSer Contract Status

State Funding Available to Schools for VELI's School Safety and Security System

FAIRFIELD, NJ--(Marketwire - February 20, 2008) - Virtual Ed Link Inc. (PINKSHEETS: VRED), the developer and marketer of the leading edge technology platform for VELI's School Safety Management System (SSMS), announced today that it has gained placement in BOCES, the New York state aided procurement program.

BOCES (Board of Cooperative Educational Services) in New York State qualifies vendors in the CoSer (Cooperative Services Agreements) program as a service to the more than 600 school districts in the state which spend over $5 billion annually on goods and services for the school systems. Over 80% of New York schools use BOCES to purchase Information Technology services which represents the VELI category. The acceptance of Virtual Ed Link in the BOCES CoSer contract program is a testament to the reputation VELI has earned for implementing its comprehensive solution on time and on budget.

CEO John Bay stated: "Securing this approval is a significant step for both us and schools concerned about bolstering their security measures. Qualifying schools can now easily channel state funds toward establishing the VELI solution at their respective campuses."

South Colonie is one of the school campuses in which the VELI System is in the final project delivery phase. Michael Marcelle, Superintendent of Schools for South Colonie Central School District in Upstate New York, said: "Our confidence in the VELI staff and solution is unlimited. We've found they deliver what they promise!"

Virtual Ed Link has made significant progress since our inception. The demand for VELI's life-saving product continues to grow at an accelerated rate that we did not anticipate. Virtual Ed Link's focus is to establish our SSMS as the standard for school safety. At this time we feel it is prudent to raise our 2008 revenue forecast from $3 million to $4-6 million.

About Virtual ED Link:

Virtual Ed Link Inc. responds to the growing need from school campuses (K-12 and higher education institutions) to collect, access, share and disseminate vital information within school districts. The School Safety Management System (SSMS), through VELI, is web-based and can be accessed anywhere. SSMS can be customized for the particular school or college in which it is being implemented. Basic guidelines, rules and procedures, and general notifications are embedded as defaults, or the school can install its own.

Legal Notice Regarding Forward-Looking Statements

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance; they are only predictions and may differ materially from actual future results or events. VIYYA™ disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Important risk factors -- including but not limited to risks associated with changes in general economic/business conditions (including in the IT and financial information industries), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services and changes in our business strategies -- could cause actual results to differ from those contained in forward-looking statements.

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