HENDERSON, NEVADA--(Marketwire - 02/16/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (www.videointernationalcorp.com) subsidiary Tactician University has had its management training and consulting business for small and medium enterprises (SMEs) officially recognized for its outstanding achievement by the city of Shenzhen.
Tactician has been honoured for its major contributions in the training and certifying of SMEs' management in Shenzhen. There are approximately 500 management consulting agencies in China, and Tactician Management Consulting Co., Ltd. was one of just 10 to pass an investigation and strict evaluation by experts and received this recognition in Shenzhen. Following this recognition, the local government will now offer it preferential policies to help further TCU work in Shenzhen.
Tactician should benefit by this new status since Shenzhen has been one of the fastest growing cities in the world since becoming China's first "Special Economic Zone" in 1979. It's southern China's major financial centre and home to the Shenzhen Stock Exchange and the headquarters of numerous high-tech companies. Shenzhen is also the third busiest container port in China, ranking only after Shanghai and nearby Hong Kong.
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.
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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.
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