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visionGATEWAY Inc. (fka VGWA) RSS Feed

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Company Website http://www.visiongateway.net/ About the Company: visionGATEWAY, Inc. (OTCBB: VGWA), is a software development & distribution company with R&D groups in France and Australia, distribution in USA, Europe, Australia and China and existing customers in over 20 countries. The company provides an extensible platform of software components to power the ‘Next Generation Network’. These components currently include: Advanced Application Feature Server Voice over IP iPBX IP Media Server for IPTV Secure Mail & Secure Data Sharing Internet Resource Management & Control The visionGATEWAY NGN platform allows Carriers and other Service Providers to offer their enterprise, small-business and residential customers revenue-generating products from Triple Play and beyond. The Company’s first product (“INTERScepter™”) is an Internet Resource Management & Control solution. It is an underlying “platform” to manage and control all IP usage. The initial versions focused on an enterprise business solution that maximizes organizations' performance in understanding, managing and exploiting Internet usage and valuable resources, including bandwidth, systems and employee productivity. The INTERScepter™ solution empowers managers to effectively control, schedule and utilize costly Internet resources, while placing responsibility on users to self manage and modify their Internet usage behavior. The Centile acquisition further strengthens visionGATEWAY’s position in the growing VoIP Solutions marketplace and extends the partnership visionGATEWAY already has with Centile to deliver an initial level of security in their VoIP solution to the market through the integrated bundling of visionGATEWAY’s INTERScepter VoIP Module with Centile ’s IntraSwitch VoIP Application Server. visionGATEWAY has launched a new single box version of INTERScepter for SOHO (Small Office Home Office) & SMB markets in addition to its “solution on a chip”, where the Home/SOHO version has been loaded inside a standard DSL Wireless Router. Sales focus for visionGATEWAY’s range of products is on key target market segments - Telco/ISP’s, Media, Financial Services (compliance focus), SMB, Home/SOHO, Technology, Higher Education. visionGATEWAY, Inc. ("Vision" or the "Company") (OTCBB: VGWA) announced the completion of its reorganization and name change and the filing of its Form 8-K current report on April 7, 2004. visionGATEWAY, Inc. (the “Company”) is a corporation organized in 1970 under the laws of Nevada, and until last year was known as Chiropractic 21 International, Inc. (“Chiropractic”). Chiropractic was an inactive public corporation for a number of years until March 4, 2004 when it acquired visionGATEWAY, Inc., (“Vision Nv”) a corporation organized on September 13, 1999, also under the laws of Nevada. Upon its acquisition of Vision Nv, all of the operations and business of the Company consisted of Vision Nv’s business which the Company now operates through Vision Nv. Vision Nv is the primary holding company for the software business now being conducted and described below. Vision Nv has two wholly owned subsidiaries, visionGATEWAY Pty Ltd an Australian corporation organized to distribute and market the products of Vision Nv and Software Innovisions Pty Ltd, also an Australian corporation, which was engaged in the development of business software and the developer of the INTERScepter ™ Internet Resource Management (“IRM”) software described below. These subsidiaries were acquired during the first half of 2002. The information given below is presented as the business and operations of the Company as consolidated with Vision Nv and referred to as visionGATEWAY and now trading as VGWA on the OTCBB. Description of Business The Company is an Enterprise Solutions Development and Distribution company with a focus on Internet Management and Security. It is accelerating its growth in key markets – USA, Australia, Asia, and Europe. Although total sales during its last two fiscal years have been minimal, the Company considers itself in the commercialization stage of its development because of its focus on building its Distribution channels and markets for its products. visionGATEWAY is continuing the building of a Global Distribution Network using its proprietary business model to grow sales through strategic partnerships – these include the Avnet Partner Solutions distributorships for North America, Australia/New Zealand and UK, the Netwolves ECCI Inc. joint venture in USA, and iProof and NetIntelligence in UK. The arrangements between visionGATEWAY and iProof & NetIntelligence are the first of a series of worldwide distribution agreements being brokered by Alan Boyd, former head of acquisitions at Microsoft and now a Director of the Company. visionGATEWAY (through its Australian subsidiaries) has been operating for a total of five years, commencing in 2000. The Company’s first product (“INTERScepter ™ ”) is an Internet Resource Management solution. This product is an enterprise business solution that helps to improve Company earnings by assisting organizations in understanding, managing and exploiting Internet usage and valuable resources, including bandwidth, systems and employee productivity. The INTERScepter ™ solution empowers managers to effectively control, schedule and utilize costly Internet resources, while placing responsibility on users to self manage and modify their Internet usage behavior. The Internet is an ever growing global communications and commerce medium. Traditional organizations (both government and corporate) continue to demonstrate a significant growth in their need for integration of Internet based technologies into their core business and marketing needs. The Company recognized a market opportunity for the development of software solutions to identify and redirect non-productive use of staff employees at work to profitable uses of their time and Internet availability, while maintaining security and privacy. Based on the Company’s preliminary investigations of market demand for this type of product, it believed that moving forward with the INTERScepter ™ project was more than justified. The benefit of the Company’s INTERScepter product to its customers is based upon improving productivity and reducing costs through the use of its business solutions. Contact: 12707 High Bluff Drive Suite 200 San Diego, CA 92130 Tel: 858-794-1416 Fax: 858-794-1450 LEBED has been picked up to provide promotion to VGWA for a 30 day period. This is what was recently put out: Online sexual predators are the #1 threat our children are faced with today and VGWAE's INTERScepter SmartParent is going to allow parents to make sure their children stay 100% safe. The National School Boards Association just reported that 96% of all U.S. school districts claim that at least some of their teachers assign homework requiring Internet use. This means that ALL CHILDREN are now targets. The US National Cyber Security Alliance (NCSA) is now pushing to make online safety a part of U.S. school curriculum. However, it is still up to the PARENTS to make sure their children stay safe. When VGWAE releases INTERScepter SmartParent later this year, the entire country will be going CRAZY for this product. Not only will you be able to buy INTERScepter SmartParent as stand alone software, but VGWAE is working on deals with many hardware manufacturers to include the software in their products. INTERScepter SmartParent will give parents complete control over when their children can use the Internet on an application basis. Example of computer access policy a parent can make: Parents can choose to block iTunes from Monday to Friday so that their children can only download music on weekends. They can block all Internet access from 10PM to 8AM daily so that their children sleep at night. They can block AOL Instant Messenger from 5PM to 7PM on weekdays so that their children must do their homework. They can even choose to limit access to certain web sites like MySpace and Facebook. The possibilities are endless! Parents can then login and view detailed logs of all the activity that takes place in each application. VGWAE has developed another version of INTERScepter for educational institutions. VGWAE will allow teachers to gain control of the classroom again. If a teacher is lecturing in the computer room to their students, the teacher can shut off all Internet access to the computers while teaching the lesson. Then when the teacher directs their students to a specific web page, they can block off access to all other unrelated sites. Teachers can then go into the activity logs to see who was following along with the lesson and who wasn't participating. I believe VGWAE is EXTREMELY UNDERVALUED! The entire market cap of the stock right now is just $9 million. VGWAE is projecting $45MM in revenues over the next 36 months which is $15MM on an annualized basis. VGWAE's closest competitor WBSN trades for 4.6X sales. Multiply $15MM by 4.6 and a fair market cap for VGWAE could be $69 million. Divide that by 43 million shares outstanding and VGWAE could potentially be worth $1.60 per share.
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