SOURCE: VShield Software Corp.

April 04, 2007 09:30 ET

VShield Software Corp. in Negotiations With Prominent CPA Firm to Perform Financial Audit

VShield Software Starts the Audit and Upgrade Process

DOVER, DE -- (MARKET WIRE) -- April 4, 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, is pleased to announce they are in negotiations to retain an accredited CPA firm based in Irvine, California to complete its financial audit. It is VShield's intention to complete the financial audit as soon as possible to become a fully reporting company trading on the OTC Bulletin Board. When an agreement has been reached between the two parties, VShield Software Corp. will update the public with the details of the financial audit proceedings.

The prominent Irvine-based CPA firm has served over 100 clients including public companies, several specialty retailers, entrepreneurs, mortgage companies, builders and real estate developers. Their services are highly sought after and they choose their clients very carefully.

"This is just the beginning and one of the building blocks we intend to put in place for the new public company. We will be updating our shareholders on which firm we select and their contact information once our negotiations have been concluded," 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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