VShield Software Corp. (VSHE) Announces Merger Talks with Israeli B2B Software Company
HENDERSON, NV, Feb 25, 2009 /PRNewswire-FirstCall via COMTEX/ -- Vshield Software Corp. (VSHE:PK) (www.vshecorporate.com) is pleased to announce the initiation of merger talks with an Israeli based B2B software company. The Israeli company develops sophisticated software for the travel industry. Clients include a number of household known names such as major hotel chains, and several major International airlines.
Andrea Zecevic, Chief Product Officer commented; "The Israeli company will operate independently as a wholly owned subsidiary in addition to our existing Trust Vault platform http://www.trustvault.com). They have some great technology that can serve as a platform for future growth. Looking forward, we can see the possibility of additional acquisitions in the software sector that complement our current and planned holdings".
VShield Sortware Corp. is a leading software company specializing in CSR solutions and is seeking to broaden its software applications to include best of breed solutions in key industry sectors where it can maintain sustainable competitive differential advantages.
The company will provide further details as they become available
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