BOCA RATON, Fla., July 6, 2005 (PRIMEZONE) -- VSUS Technologies, Incorporated (OTCBB:VSUS) announced today that the company has added three new ProPTC products to meet the diverse demands of publicly traded companies. ProPTC Lite, ProPTC Express, and ProPTC Enterprise join ProPTC Platinum to round out the company's product line-up. All four products provide publicly traded companies with everything they need to meet compliancy requirements for such acts and regulations as Sarbanes-Oxley (SOX) and HIPPA. Forrester estimates that more than half of enterprises will adopt a technology-based approach to SOX by 2006. This emerging market, estimated by Gartner, Inc. to reach more than $6 billion by 2006, will grow rapidly in 2005.
The current ProPTC product line-up features:
ProPTC Lite-Sarbanes-Oxley compliant storage up to 50 Gb, email with 5 email addresses and chat / $11,900 per year ($250 per month maintenance)
ProPTC Express-includes all features in the Lite version with 5 additional email addresses, ProPTC client software (minus the PTC category), includes, news, weather, sports, travel, delayed stock quotes, with Sarbanes-Oxley compliancy storage expanded to 100 Gb / $17,900 per year ($500 per month maintenance)
ProPTC Enterprise-includes all features in the Express version with a total of 25 email addresses, web hosting of your corporate site, real time stock quotes, VOIP, Sarbanes-Oxley compliant storage expanded to 200 Gb, spreadsheet, word processing, and accounting software into our client, and one promotional email campaign for your company to an opt-in list of 25,000,000 email addresses / $24,900 per year ($750 per month maintenance)
ProPTC Platinum-includes all features in the Enterprise version with a total of 100 email addresses, the complete PTC package consisting of fax, SMS, DTC reports, stockholders reports, news request forms, proxy request forms, company profiles, incorporation of any other software that is Windows-based into the client, unlimited Sarbanes-Oxley compliant storage, and 4 promotional email campaigns for your company to an opt-in list of 25,000,000 email addresses / Pricing based on company size:
1-10 people $32,900 per year ($1,000 per month maintenance) 11-20 people $37,900 per year ($1,500 per month maintenance) 21-40 people $40,900 per year ($2,000 per month maintenance) 41 plus $44,900 per year ($2,500 per month maintenance)
Mr. Steven Goldberg, CFO of VSUS Technologies, stated, "The overwhelming response to our initial ProPTC solution convinced us that it was necessary to create additional products and pricing plans to meet the various demands of those publicly traded companies in the United States that are looking to improve their record-keeping, while fulfilling compliancy duties in a single application. We believe that the ROI will pay for itself within a few months."
About VSUS Technologies, Incorporated
VSUS Technologies, Incorporated develops and markets highly secure communications systems for use over the Internet by both businesses and consumers. With expertise in secure online information exchange, VSUS Technologies focuses on developing products for both individuals and businesses that need to communicate in privacy, and in a secure environment.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by the use of such terminology as "believes," "expects," "may," "will," "should," "anticipates," "plans," "estimates," and "intends," or derivations or negatives thereof, or comparable terminology. Accordingly, such statements involve risks (known and unknown) and uncertainties. The forward-looking statements are based on assumptions that the company believes are reasonable based on the best information currently available. However, there are a number of risks associated with these assumptions. These risks and uncertainties relate to future revenues, product development, market acceptance, responses from competitors, capital expenditures (including the amount and nature thereof), business strategy and measures to implement strategy, competitive strengths, goals, expansion and growth of the company's business and operations, plans, references to future success and other such matters, and other risk factors and uncertainties detailed in this press release, described from time to time in the company's other Securities and Exchange Commission filings, or discussed in the company's press releases. All forward-looking statements made in this press release are qualified by these cautionary statements and there can be no assurance that the actual results anticipated by the company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business or operations. Outcomes related to such statements are subject to numerous risk factors and uncertainties including those listed in the company's Annual Report filed on Form 10-KSB.