Applied Technology: Vertical Computer Buys Pelican Product Line
May 26, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Vertical Computer Systems, Inc. (OTCBB: VCSY) said that it has acquired the SnAPPnet product line from Pelican Applications, LLC, a privately-held technology company.
SnAPPnet is a web-based application designed to make it possible to pre-populate hundreds of frequently used forms and applications, saving time and effort by creating a single, in-depth profile that covers all of a professional's data typically requested on license and board applications, as well as other related forms.
To date, SnAPPnet has been primarily focused as a web-based tool for physician credentialing.
Richard Wade, CEO of Vertical Computer, said, "We believe SnAPPnet can be expanded for additional applications not only in the healthcare sector, but also in other industries."
Texas-based Vertical Computer is a provider of administrative software, Internet core technologies, and derivative software application products through its distribution network.
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