SOURCE: VShield Software Corp.

March 05, 2007 11:16 ET

VShield Software Corp. Announces Upgrade to "Vsafe," Its Original "Core States Bank" Investor Shield

DOVER, DE -- (MARKET WIRE) -- March 5, 2007 -- VShield Software Corp. (PINKSHEETS: VSHD), a design, marketing and software distribution company providing advanced security software systems to both the retail and institutional markets, today announced that work upgrading its mission-critical commercial banking software called "Vsafe" has been accelerated for release in the first quarter of 2008. The original software was designed to protect Core States Bank's "High Net worth Investor Café," a unique and revolutionary new environment created by the bank for its top clients. As everyone knows, Core States has merged and is now part of Wachovia, the fifth largest financial institution in the United States. The original software completely protected all of the client's identity; financial information and transaction flow-through of very wealthy individuals who could exchange, purchase and sell virtually anything of value within the financial institution's virtual environment. This could have led to a very opportunistic situation should a hacker or improper individual enter this online sanctuary and proceed to defraud the participants. No individual was ever allowed to enter, no account number was ever stolen, no credit card copied, no money transfers were ever rerouted and not a penny was lost, period. As far as the company was concerned, the trial was a complete success.

"This new upgrade will allow all progressive financial institutions new, exciting, and most important, secure environments that their top clients can participate in. This will allow top account managers to make 'private banking' truly private, flexible and available anywhere, twenty-four hours a day. No more line ups, no appointment necessary, no hold ups and we will be right with you utilizing the full resources of the bank which are available to you now. Top clients have busy lives and they will be able to do more, see more and learn more in less time than is possible today and do it all in a secure, comfortable, online environment," Patrick Burke stated, Chief Technical Officer of VShield Software Corp.

About VShield Software Corp.

The company designs, produces, markets and sells leading-edge computer security software programs that feature advanced software development and technologies that are superior to other products on the market. All of the Company's security systems are based on previously proven and field-tested large commercial security systems. These systems are based on hiding, disguising and encrypting various levels of files maintained on a computer such that an intruder is unable to obtain information from a desired file. This is unlike existing 'firewall' systems now on the market, which are focused on keeping intruders from gaining unauthorized entry to a computer. Where applicable, products are patent and copyright protected in both Canada and the United States.

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