ROCK CITY VENTURES, INC. (RCVI)
Rock City Ventures, Inc. (RCVI) trades on the OTC Bulletin Board. World Star Holdings, LTD, a wholly owned
subsidiary of RCVI, is a leading edge high technology development company which has developed the innovative
technologies of VPAGE, a significant breakthrough in Internet security and the Sherpa Solution, a system capable of
performing up to 200 million transactions per day. VPAGE is a fully integrated secured system which acquires and
delivers information from an unlimited number of sources to a vast number of users with absolute security for both the
resource and the user. VPAGE operates with the most widely used programming languages and operating systems
including Java, SGF, Windows, HTML and others.
VPAGE technology represents a desirable alternative to encryption in that it creates a much larger, multilayered
software solution for security while incorporating the latest public domain encryption into the overall system. VPAGE is a
set of artificial intelligence agents which has the capablity of requsting, acquiring, delivering and validating data with
absolute security. It is especially applicable in any environment in which the security and integrity of real time
transactional and data bank transmissions are of critical importance. VPAGE is a software based security system readily
adaptable not only to the Internet, but other environments as well, including Interactive Voice Response Systems,
Cellular and Cable.
Recognizing that the development of a stable computer or other form of data transmission system or operating
platform requires more layered security, World Star determined that dependable technology to assure the accurate
receipt and transfer of this data must serve as the basic premise of a reliable operating environment. Based on this, the
Sherpa Solution was developed to represent a critical component in the advancement of high speed networking across
multiple platforms. It is only one of the systems capable of communicating with every commercially available computer
environment, including networks, as well as digital networks, cellular systems, conventional telephones and interactive
television. Completely expandable and upgradeable, The Sherpa Solution has been designed with the capability of
performing 200 million transactions per day, providing high speed levels of intelligent, interactive communications to
maximize operating efficiency anywhere in the world, on a real time basis without human assistance.
The Sherpa Solution is a predefined set of hardware based on elements arranged in a unique and proprietary
configuration which allows for maximized throughput and security. It is based upon a principal of organization for the
various hardware components which comprise the Sherpa system. Sherpa Solution is presently available in in 75
countries and is marketed by Tandem Computers, Inc. As a result of this synergistic joint venture, World Star has
benefitted from a significantly enhanced level of visability.
World Star has targeted such transaction-rich industries as banking, travel, wholesale/distribution, replacement
parts and medical records distribution on the basis that each would offer the greatest earnings potential to the Company
as daily usage of the Internet continues to increase. World Star's electonic commerce services which allows these
industries to charge their clients on a per transaction basis, which will be extremely profitable to the Company as
comfort, user friendliness and customer loyalty leads to an increase in usage for online services.
The Company has delivered in November it proprietary VPAGE/Sherpa Solution technology to Corestates Bank
N.A., one of North America's largest banks, which will be utilized to provide information security as part of the
introduction of a system which will ultimately offer bank customers the opportunity of doing business through
sophisticated onine technologies. The initial installation is part of the bank's overall plan to provide its millions of business
and individual customers with the ability to complete a wide array of transactions without having to visit a branch office.
Due to the ability of World Star's VPAGE/Sherpa Solution to provide absolute security and confidentiality of
information, the Company believes that its technology is part of the bank's plan to offer "virtual banking". World Star
expects that this trend will ultimately become the standard throughout the banking industry. This application of VPAGE
to transmit large amounts of data in a completely secure environment.
There are several other banks that the Company is in serious negotiations with for similar systems. The Company
receives a healthy revenue stream from both the initial sale of the system but more importantly from the per transaction
fees. World Star is poised to become a BIG player in providing security for online banking.
The World Star Online Travel Services system was established to offer the world's first Internet based
international travel and reservation service, offering the services of direct ticketing, hotel reservations, auto rentals,
international cruise lines, restaurants, etc, The system is marketing the sevices of more than 400 clients throughout the
world. The system can handle more than 200 million transactions per day and is on-line with United Airlines' Galileo
Central Reservation System and with Worldspan accessible by over 220,000 travel agents. Two other CRS systems are
in the final stages of negotiatons.
World Star is also positioning itself as a leader in for the travel and tourism business. A creative marketing
campaign, coupled with strategic alliences, will allow World Star to obtain a share of the multi-billion dollar travel
industry and further position the Company as an innovator in a market that is shifting to understand and embrace the
technology advancements occuring around it. This division of World Star will continue to experience exponential growth
rates and serve as a significant source of corporate revenue during 1997 and beyond.
Rock City Ventures which will be changing its name to World Star Holdings in early 1997 is an outstanding
investment in the burgeoning Internet security business. The Company will be profitable in 1997 and I look for a move
up in the price to $4-5 in the short term and as further contracts are signed $7-8 over the next 12-18 months. I think that
there are very profitable days ahead for RCVI and its investors.
ROCK CITY VENTURES, INC.
SYMBOL: RCVI
Shares Outstanding: 13 million
Public Float: 950,000 shares
52 Week High: 6 1/2
52 Week Low: 1
200-165 Garry St.
Winnipeg, MB Canada R3C 1G7
800-738-2525
Courtesy of www.stocks4tomorrow.com |
