SOURCE: Visiphor Corporation

March 26, 2008 08:30 ET

Visiphor Appoints New Director to Board

VANCOUVER, BC--(Marketwire - March 26, 2008) - Visiphor Corporation (OTCBB: VISRF) (TSX-V: VIS) (XETRA: IGYA) ("Visiphor") announced today the appointment of Mr. Michael Goffin to the Company's Board of Directors. The appointment is in direct relation to the recent $1.75 Million private placement with Quorum Investment Pool Limited Partnership ("QIP") as previously announced.

"We are very pleased with the addition of Michael Goffin to the Company's Board," stated Oliver 'Buck' Revell, Visiphor Chairman and former associate deputy director of the FBI. "We welcome Michael's knowledge and expertise to the team and are confident that his added leadership will help drive the Company's upcoming achievement."

Michael Goffin joined Quorum Group of Companies, Quorum Funding Corporation ("Quorum"), in 1997 where he has since gained over ten years of investment, accounting and corporate financial experience. Prior to 1997, he held various progressive financial positions in the service industry and manufacturing sector. Today, Mr. Goffin sits on Quorum's Technology Advisory Committee, and is a board member of several publicly listed companies. His primary focus is on the management of portfolio investments, financial structuring, strategic modelling and due diligence. He also contributes to the Quorum mergers and acquisitions and divestiture team, including the sale of Newstar E-commerce to BCE Emergis. Mr. Goffin graduated from the University of Toronto with a Bachelor of Arts degree in Economics and Environmental Management in 1994 and holds a Certified General Accountant designation.

About Visiphor

Visiphor software products and services deliver practical, rapidly deployable solutions that integrate business processes and databases. The Company's solutions focus on disparate process and data management problems that exist in numerous verticals spanning government, energy, law enforcement, security, health care and financial services. Using industry standard Web Services and Service Oriented Architecture ("SOA"), Visiphor delivers a secure and economical approach to true, real-time application interoperability.

Visiphor is a Microsoft Gold Certified Partner. For information about Visiphor or the Company's products and services, please visit www.visiphor.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Oliver 'Buck' Revell"
Chairman, Visiphor Corporation

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements: This press release may contain statements that constitute "forward-looking statements" within the meaning of applicable Canadian and United States securities laws. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include the risks and uncertainties described in Visiphor Corporation's Form 10-KSB filed with the United States Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Investor and Media Inquiries:

    Roy Trivett
    CEO
    Visiphor Corporation
    Phone: 604-684-2449 Ext. 234
    E-mail: Email Contact