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Friday, December 21, 2007 9:41:32 PM
I spoke to Joe Foresi for 45 minutes this morning and want to tell you what he had to say. I'll start from past to present to make it easier to understand .
In the early 90's,Joe was running a company called Systemhouse 2. John Bay had a co. that had wireless applications. Systemhouse merged with John's and called it Systemhouse 3. Their products were so that instead of calling 911 and then telling the operator I dialed it by accident,(someone could be pointing a gun at their head), It became automated through Nynex which would record name and address of where the call came from and immediately send out a patrol car or appropriate vehicle no matter what! Also, John's product allowed wireless in Police cars etc. to get fast license plate checks etc., rather than to have to call them in.The State of New York and Rudy Julianni got them a 150,000,000 grant to do so.(Fantastic!)From this bore Viyya Technologies.
As previously announced, the new website for VELI is up by typing in www.virtualedlink.org (Note org, not com)
Today's news points out 3 contracts for Viyya and 6 or more for Virtual ed link. We will be seeing more news releases all month long starting next Tuesday. We will have VELI trading as soon as the symbol changes and will get a news release the moment that happens. In December, expect things to Snowball now that they have found the right hill and it is full of fluffy snow and John and Joe have put together a big enough circle of customers and products to grow it.LBB
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