Friday, February 11, 2011

Sun Yat-sen University Appoints Tactician University (VCTY) President

HENDERSON, NEVADA--(Marketwire - 02/10/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (www.videointernationalcorp.com) has announced that Sun Ming Gao, President of its Tactician University subsidiary, has been appointed a part-time supervisor of the International Business School at Sun Yat-sen University's Zhuhai campus.

Sun Yat-sen University was founded in 1924 in Guangzhou, China by Dr. Sun Yat-sen. The Zhuhai campus was launched in 2000. Sun Yat-sen University's goal is to strengthen co-operation with the local community to create economic and social development and cultivate high-quality economic administration talents.

Mr. Gao participated in an official nomination ceremony at the campus. Several top university officials and politicians attended this ceremony, and talked about the importance of the internationalization of education and how Sun Yat-sen University can play a key role in promoting this process. Mr. Gao gave a well-received speech on his educational views and participated in a discussion forum with students afterward.

Tactician University is a progressive management education and leadership training center and think tank that tackles prevalent issues in the Chinese economy and its society, and trains 21st century Chinese leaders. It has a proven business model and VCTY is considering complementing it with additional viable ventures.

In other company news, VCTY plans to enhance its relationship with its shareholders. Following discussions with a China-based representative, a Hong Kong-based investor relations (IR) center will be launched. IR will liaison closely with VCTY and Tactician and report to shareholders and the market on a timely basis.

An update on all of the details regarding the China-based IR initiative and the new contacts will follow shortly.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Videolocity International Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Videolocity International Inc. cautions you that any forward-looking information provided by or on behalf Videolocity International Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Videolocity International Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Videolocity International Inc.'s control. In addition to those discussed in Videolocity International Inc.'s press releases, public filings, and statements by Videolocity International Inc.'s management, including, but not limited to, Videolocity International Inc.'s estimate of the sufficiency of its existing capital resources, Videolocity International Inc.'s ability to raise additional capital to fund future operations, Videolocity International Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Videolocity International Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Videolocity International Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

No comments:

Disclaimer

Average Joe's Picks is an independent electronic medium, which provides industry data and information on publicly traded companies for the use of our readers. Furthermore, the provided data should not be used as the sole basis for making any investment decision. The individual investor's own due diligence is of the utmost importance and highly recommended.