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Beacon Equity Research Rates visionGATEWAY, Inc. (VGWA) a “Speculative Buy” and Awards a $1.58 Price Target

visionGATEWAY is an Enterprise Software Solutions company focused on developing, distributing and marketing business software for Internet Resource Management & Security applications. The company plans to be a one-stop shop for management of IP-based applications.

The Company’s main product, the INTERScepter(TM), is an internet resource management solution that gives every manager the control of the use of their staff through the internet. Not only does it tell managers exactly what everyone is doing, but it also gives them the control necessary to eliminate time wasting and poor behavior. One of the strong points of the product is that no technical knowledge is required.

visionGATEWAY is establishing a global distribution network and expanding sales through strategic partnerships. The Company has already shown its efforts by building a relationship with the Avnet organization, which has its own regional sales teams in Australia, the US, and the UK. Through various partnerships, the company announced that it has begun installing the INTERScepter for new clients in Australia, the US and UK.

The analyst who completed the report stated, “The Company’s INTERScepter™ software helps enterprises, government agencies and educational institutions control and improve their Internet usage. Following the establishment of a global distribution network, the Company has reported growing penetration with commercial and government clients in Asia-Pacific. Management targets revenues exceeding $9 million in 2008 and $26 million in 2009… We are rating VGWA a Speculative Buy and establishing a $1.58 price target for these shares.”

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