We are pleased that Mr. Williams supports the long-term vision of the company and continues to invest in our success.
Santa Ana, CA (PRWEB) December 22, 2009
VillageEDOCS, Inc. (OCTBB: VEDO), a leading Software as a Service (SaaS) provider, announces that Mr. Alan Williams, a long-term investor has acquired 4,721,682 shares of common stock and 33.5 Million shares of Series A Preferred stock from Barron Partners LP. Barron Partners has been divesting all of its U.S. holdings and Mr. Williams, one of the original investors in the company, acquire these holdings. It is Mr. Williams’ intention to convert the non-voting preferred shares to voting common shares, which will remove all outstanding preferred stock of the company from the market.
“We are pleased that Mr. Williams supports the long-term vision of the company and continues to invest in our success,” said Mason Conner, CEO of VillageEDOCS. “Our vision is to provide the MessageVision platform (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 http://www.villageedocs.com.
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.