Vision Global Completes Zimpost Installation and Implementation; Company Continues to Make Significant Strides in Burgeoning African Market.MONTREAL -- Vision Global Solutions (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:VIGS VIGS Video Image Guide Scope VIGS Videodisc Gunnery Simulator VIGS Verworwe Immungebreksindroom ), a leading developer of Activity Based Management Solutions, today announced that the Company completed the installation and implementation of its proprietary Apogee apogee (ăp`əjē), point farthest from the earth in the orbit of a body about the earth. See apsis. The farthest point. accounting and management solution for the public postal operator of Zimbabwe, Zimpost. The completed contract aggregates in excess of U.S. $450,360.00 with ongoing services to be provided. Zimpost is comprised of a network of over 300 postal outlets in different parts of Zimbabwe with a staff of over 2000 employees. Zimpost is the public postal operator in Zimbawee and is wholly-owned entity of the government. "The African market continues to represent significant potential for Vision as we forge ahead with our growth initiatives from both a revenue perspective and for the long-term value of our stock. The Company is firmly positioning itself in this market with bids for many projects that could prove extremely lucrative," stated John-Paul Ouellette, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . About Vision Global Vision Global is marketing, under the name Apogee, an integrated accounting and management software that allows companies to apply an activity-based management Activity-based management (ABM) is a method of identifying and evaluating activities that a business performs using activity-based costing to carry out a value chain analysis or a re-engineering initiative to improve strategic and operational decisions in an organization. solution, a common sense systematic method of planning, controlling and improving labor and overhead expenses, to their businesses-management models. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Forward-Looking Statements Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The above information does not guarantee any successful closing of new business. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks. |
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