COMPANY PROFILE
Vertica Software, Inc. is the leading provider of Webbased
environmental compliance solutions for hazardous
materials and waste. The company’s Internet software
and online information is targeted at a wide variety of
industries that manufacture, process, transport and store
all types of hazardous chemicals, petrochemicals and
waste.
Vertica’s products save companies time and money
while enhancing overall effi ciency by assisting them in
keeping track of their hazardous materials and staying
in compliance with all governmental regulations. This
reduces their need for additional layers of compliance
personnel as well as their likelihood of incurring fi nes
from regulatory agencies.
Vertica’s Hazweb environmental website provides
key information and compliance solutions for the hazardous
materials and waste industries. The company’s innovative
iComply software products have been designed
to save companies time and expense by effi ciently managing,
tracking and reporting the storage, transportation
and disposal of all of the company’s hazardous materials
and wastes.
Hazweb streamlines the process of keeping up with
changing local, state, federal and international regulations
concerning hazardous materials and other related
environmental regulations. iComply is a complete software
management system that assists companies with
their environmental regulation compliance documentation
and chemical inventory management as well as their
crisis communications -- a multi-billion dollar industry
in itself.
Changing the way hazardous materials
and waste are tracked and shipped
The company’s Internet software products serve industries
that are impacted by government regulation of
hazardous materials and hazardous wastes and other
environmental laws and regulations. Using government
regulations and corporate procedures as a platform, Vertica
has developed user interfaces document wizards,
information databases, and training to assist clients to
both effectively track, access and disseminate information
within their organization as well as disseminate all
necessary information to each appropriate government
agency and the public.
iComply has everything most companies will need
to stay compliant with a myriad of changing government
regulations. The extensive service package includes
user interfaces, process wizards, information databases,
and training to assist clients with chemical and waste
inventory tracking, handling, transportation, emergency
planning and compliance. The company’s compliance
solutions Inventory, Transporter, and Communicator, to
streamline nearly every process involved in handling
hazardous materials and waste.
Vertica spent the last several years researching and
developing its extensive product offerings. After beta testing
its products, the company recently shifted its focus
to marketing its completed products and generating
revenues. To fuel its marketing campaign, Vertica has
relocated its headquarters to Austin, Texas, a central,
strategic location providing a broad range direct contact
with the industries the company will be targeting, while
still surrounding itself with some of the world’s best hitech
support.
Vertica Software, Inc. OTCBB: VERI
Current Price (3/28/02) $0.23
52-week High $1.02
52-week Low $0.05
Shares Outstanding 15,000,000
Average Daily Volume 18,400
Headquarters: Austin, Texas
Vertica Software Inc.
Producing Advanced Compliance and Tracking Software
for the Multi-Billion Dollar Hazardous Material and Waste Industries
Vertica’s potential client base is enormous. Companies
in the oil & gas, chemical/ petrochemical, hazardous
materials, waste management, transportation and high
technology industries, as well as a number of key governmental
agencies and bodies, can all benefi t greatly from
Vertica’s revolutionary products.
Strengthening environmental management
with real-time inventory and tracking of
hazardous chemicals and wastes
Vertica Software produces Hazweb with iComply regulatory
compliance solutions and Web enabling technologies
for the hazardous materials and hazardous waste
industries.
Hazweb
The Hazweb environmental web portal, www.hazweb.com,
is produced by Vertica Software, Inc. to serve the information
needs of hazardous materials professionals. Hazweb
provides relevant news, information and application
services that help address the environmental concerns for
professionals working in a wide variety of industries that
produce, handle and process hazardous materials and
waste.
Hazweb’s online information services and interactive
web-based community provide users with up-to-date
information on current environmental issues, hazardous
materials regulations and breaking industry news, while
allowing continuous interaction with community members
via industrial e-commerce. One of Hazweb.com’s
unique features is the Marketplace section, which offers
e-commerce business solutions that streamline sales
processes and allows hazardous materials marketers to
operate more effi ciently.
iComply
iComply is Vertica’s ASP (Application Service Provider)
environmental management system that runs purely
on the Internet. iComply is a set of computer software
modules designed to automate environmental regulation
compliance and related activities for common industrial
applications. The related activities include chemical inventory
listings and tracking, transportation manifests,
emergency response procedures, permit applications,
waste streams, and occupational training.
The iComply products currently include:
Communicator -- effi ciently manages a facility’s environmental
reporting, emergency response, and crisis
communication before, during, and after an emergency
incident)
Inventory -- streamlines hazardous chemical and waste
inventory tracking and assists in the management of hazardous
materials and wastes)
Transporter -- automates the shipping, labeling, transporting
compliance and nvoicing of hazardous materials
and wastes).
Vertica allows iComply to link to hazweb.com for additional
content information, online regulations compliance
and on-demand training and services. For additional
product information, please visit the company’s website
at www.vertica.com or www.hazweb.com.
MARKETPLACE AND TRENDS
The markets involved with hazardous materials include
well-established industries that spend billions of dollars
each year related to the containment, shipping and production
of hazardous materials. The Environmental Protection
Agency (EPA) estimates that compliance expenditures
exceed $125 Billion per year. Forrester Research
stated that the petrochemical industry alone is expected
to account for 13.4% of all e-commerce by 2003. BTI
Consulting Group states that the costs for environmental
management information systems had already reached
over $8.5 Billion in 1998 and is growing at an estimated
annual growth rate of 12%.
Market Size:
- The potential market size for iComply ASP products.
Number of facilities registered with government
agencies to store hazardous materials: 679,051.
- Number of reports fi led with government agencies
each year ( >1 report per facility): 891,011.
- Number of companies registered with U.S. Department
of Transportation (DOT) to transport hazardous
materials: 37,764.
- Number of manufactures registered with DOT to
ship hazardous materials: 200,000.
- Number of shipping papers processed each day in accordance
with DOT regulations: 800,000+ per diem.
MANAGEMENT AND DIRECTORS
William F. Mason – President and Chief Executive Of-
fi cer. Mr. Mason was appointed as Vertica’s President and
CEO in March of 2002. Mr. Mason is the founder of Mason
& Associates a consulting and marketing fi rm specializing
in the industrial chemicals, agricultural chemicals,
and transportation industries. Before taking on the role
of president and CEO, Mr. Mason served as advisor to
Vertica’s Board of Directors and a member of its Executive
Management Committee.
Previously, Mr. Mason served as President and CEO
of Boliden Intertrade, an industrial chemical manufacturing
and marketing company of sulfur and sulfuric acid,
for ten years. A long-time veteran of the hazardous materials
industry, Mr. Mason has over 30 years of related
industrial and fi nancial experience in the U.S, Canada,
Latin America and the Caribbean. His career includes
holding executive positions with companies in various
industries.
Vertica is currently in the process of restructuring its
management team and board of directors.
This document contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Any such statements are subject to risks and uncertainties that
could cause actual results of events to differ materially from those anticipated in such forward looking statements. Forward looking statements may be identifi ed through the use of words
such as “expects”, “will”, “anticipates”, “estimates,” “believes” or statements indicating certain actions “may,” “could” or “might” occur. Such forward-looking statements involve certain
risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. Although the content of each previously issued press
release was accurate at the time of its issue, later developments may have affected the projections and statements made therein and therefore those statements may no longer be relevant
or accurate. This document has been designed by American Market Support Network (AMSN). The preparation of this document was done in conjunction with a six month business
consulting agreement in which AMSN was paid three hundred thousand free trading shares of the company’s common stock, valued at fi fteen thousand dollars at the time of the signing of
that agreement. In return for the shares it received, AMSN has and is performing services that include but are not limited to the redesign of the company’s graphic materials and website.
Under a separate agreement, AMSN also received ninety thousand restricted shares of the company’s common stock for various public and investor relations-related activities. All information
contained in this document was provided to AMSN by the company. AMSN believes the information contained in this document to be reliable, but can make no guarantee as to
its accuracy or completeness. All information provided within this document pertaining to investing, stocks, securities must be understood as information provided for informational and
educational purposes only and not investment advice. Both the company and AMSN advise the reader of this document to seek advice from a registered professional securities representative
before deciding to trade in the stock of this or any other company. The statements and opinions in this document should not be construed as an offer or solicitation to buy or sell any
security. Use of the material within this document constitutes the reader’s acceptance of these terms.
Corporate Offi ces: 106 E. 6th Street, Suite 900, Austin, Texas 78701
Phone – (512) 322-3900 , Fax – (512) 322-3952
RECENT HIGHLIGHTS RECENT HIGHLIGHTS
06.MAR.2002 William F. Mason Named Interim President and CEO of Vertica Software Inc.; Environmental
Compliance Company Shifts from Research to Revenue Stage
06.JUN.2001 Vertica Software’s Subscriber Base Exceeds 3,000 -- Many from Fortune’s 500
30.MAY.2001 Vertica to Market its Compliance Software and Web-Enabling Technology at CFN Network 2001
19.APR.2001 Olympian Chooses Vertica Software’s Hazweb Marketplace for Petroleum Product Quote and
Order Processing
03.APR.2001 Vertica Software Announces the Appointment of William F. Mason as an Advisor to the Board of
Directors |
