VisualVault Corporation

CNSX : VVT


VisualVault Corporation

October 22, 2012 13:46 ET

VisualVault Platform Selected at Technology Backbone for Monument Systems "xpress" Health Plan Administration System

VANCOUVER, BRITISH COLUMBIA and SCOTTSDALE, ARIZONA--(Marketwire - Oct. 22, 2012) - VisualVault Corporation (CNSX:VVT) -

THIS NEWS RELEASE IS NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES FOR DISCLOSURE IN THE UNITED STATES

In a joint press release issued today, Monument Systems LLC of Tucson, Arizona and VisualVault Corporation (the "Company") formally announced their partnership, wherein the VisualVault Platform has been selected as the technology backbone for the integration of intelligent document management. The Company's Board of Directors believes that this marks the beginning of a long and prosperous relationship between both enterprises.

The full text of the official joint press release accompanies this disclosure. To view a copy of the official joint press release, visit the following link: http://media3.marketwire.com/docs/JointRelease.pdf

Shareholders wishing additional information are invited to contact the Company at 602-865-9356.

About VisualVault Corporation

VisualVault Corporation, (Vancouver, BC and Scottsdale, Arizona) provides secure document management software as a service (SaaS) and compliance cloud services used where security and integrity of unstructured data is needed and compliance requirements high. VisualVault Corporation markets the VisualVault platform under its Advantive Information Management (AIM) brand. The product is unique in its ability to meet the needs of a wide range of vertical markets including health care, securities regulation, manufacturing and government.

The Company intends to build upon current tier-one customers both within North America and internationally.

VisualVault Corporation obtained shareholder approval in December 2011 to acquire 100% of VisualVault Technologies Inc. and with it, the assets of Auersoft LLC of Mesa, Arizona.

The forward-looking information contained in this press release is made as of the date of this press release and except as required by applicable law, the company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires the company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.

Neither the Canadian National Stock Exchange nor its regulation services provider (as that term is defined in the policies of the Canadian National Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information