VillageEDOCS
| Home | Contact Us


Spread the News
Keep up on what's happening around VillageEDOCS.

In the News

JANUARY 17 2012
VillageEDOCS Sells VillageFAX and Questys

FEBRUARY 22 2011
GoSolo Announces New Client: HBW

FEBRUARY 1 2011
GoSolo Announces New Client: Combined Insurance

APRIL 21 2010
VillageEDOCS Announces 2009 Results --- 2009 Revenues Up 5% Over 2008

APRIL 19 2010
Questys® - MessageVisionTM Releases 2.0 - Content Management Workflow & Legislative Software

DECEMBER 22 2009
Barron Partners Divests in VillageEDOCS / Initial Investor Acquires

DECEMBER 17 2009
VillageEDOCS makes $927K Debt Repayment / Moves Forward With MVP Emphasis

DECEMBER 8 2009
GoSolo provides Virtual Office solution to Direct Selling Women's Alliance (DSWA)


News Archives
............................................................


News Story

FOR IMMEDIATE RELEASE

VILLAGEEDOCS MAKES $927K DEBT REPAYMENT

MOVES FORWARD WITH MVP EMPHASIS

SANTA ANA, CA. December 17, 2009 —VillageEDOCS, Inc. (OCTBB: VEDO), a leading Software as a Service (SaaS) provider, announces repayment of $927,917 in principal and accrued interest debt. The repayment will reduce the company’s liabilities and subsequent year’s cash flow requirements to service the debt.

"As we stated in our prior announcement of the sale of Tailored Business Systems, we are now in a position to better utilize our cash and other assets as we move into the broader market awareness phase of the capabilities of the MessageVision Platform (MVP),” said Mason Conner, CEO of VillageEDOCS. "We will continue to ‘shift into higher gears’ as we position the company around our core business as the provider of MVP, which combines the power of electronic information exchange, content and business process management and unified communications, delivered as one unique Software as a Service (SaaS), in a private or public cloud,” he added.

About VillageEDOCS, Inc.

VillageEDOCS provides the MessageVision Platform (MVP), a leading SaaS offering that ships business information electronically and manages it by capturing, forming and delivering information using business process management and communication. MVP is a combination of unified communications and business process management solutions blended into a single, unified, scalable platform; eliminating the need for capital expenditures, operational costs and broad technology risks. MVP provides a single source for a wide range of business information management and communication applications on a pay-as-you-go financial model. For further information on VillageEDOCS, visit our website at www.villageedocs.com.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by VillageEDOCS, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond VillageEDOCS’ control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include the risk factors discussed in VillageEDOCS’ filings with the Securities and Exchange Commission.

Contact: Mason Conner
VillageEDOCS, Inc.
714-734-1030

###

Back


The Document Delivery
& Management Market
$6 Billion is spent annually on the purchase of preprinted forms, more than $360 billion is spent capturing data submitted on paper forms every year.
– Gartner Group

Fax, Email and Voice Messaging Services: The total market is expected to grow from about $1 billion in 2003 to nearly $2 billion in 2008.
– Davidson Consulting


Document Delivery and Management Solutions  
Document Delivery and Management Solutions