Visual Management Systems Announces the Successful Closing of a Private Placement of Equity

* Reuters is not responsible for the content in this press release.

Tue Jun 30, 2009 3:17pm EDT

  TOMS RIVER, NJ, Jun 30 (MARKET WIRE) -- 
Visual Management Systems, Inc. (OTCBB: VMSY), a leading developer,
manufacturer and provider of video surveillance technologies, has
completed a private placement of equity that yielded $457,236 to the
company after associated fees. The company placed five hundred shares of
it Series B Convertible Preferred Stock with existing shareholders.

    The private placement was subscribed by approximately eighty-five
individual shareholders of the company's common stock. Additionally, all
members of the company's board of directors subscribed, as well as all
members of the company's senior management and several employees of VMSY
subsidiaries, VMS, LLC and iPDG, LLC. Directors, management and insiders
subscribed for $185,000 of the $500,000 offering.

    The company has deployed the majority of capital for accounting, auditing,
legal and other professional services. Additional uses of the proceeds
included sales and marketing initiatives as well as servicing vendors.

    The company's CEO, Jason Gonzalez, said, "I am grateful that our
shareholder base showed its support and chose to stay the course. I am
also proud of management and the Board of Directors for doing their
part." He continued, "We have been working very hard to make the company
run more efficiently and we are turning things around during some of the
most challenging economic times the country has ever faced. I believe the
placement of equity in the current environment is a testament to the
conviction that our beneficial shareholders have in seeing our plan
through execution."

    About Visual Management Systems

    Visual Management Systems, Inc. (OTCBB: VMSY) ('VMS') provides video
surveillance solutions to small and mid-size enterprises. VMS's products
and services help businesses, government agencies and educational
institutions prevent crime, ensure safety, enhance productivity and
improve service. Since its inception, VMS has been committed to
developing and implementing industry-leading video security technology at
affordable price points. For more information, visit www.vmscctv.com or
call 877-323-CCTV.

    Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995

    Certain statements in this press release constitute 'forward-looking
statements' within the meaning of the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the company to be materially different from
any future results, performances or achievements express or implied by
such forward-looking statements. The forward-looking statements are
subject to risks and uncertainties including, without limitation, changes
in levels of competition, possible loss of customers, the company's
ability to attract and retain key personnel, the company's ability to
raise capital, the continued cooperation of creditors and vendors,
national and local economic conditions, the ability of the company to
reach agreements with the proposed distributor, joint venture and
integration partners discussed in this release, conditions and trends in
the video surveillance and security industries in general, the ability of
the company to attract enterprise-scale customers, changes in interest
rates, commercial acceptance of the company's products, the effect of
government regulation on the company's operations and other factors
described from time to time in the company's filings with the Securities
and Exchange Commission.

    

CONTACT:
Jason Gonzalez
CEO
VISUAL MANAGEMENT SYSTEMS, INC.
www.vmscctv.com
732-281-1355

Copyright 2009, Market Wire, All rights reserved.

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