DGMA Degama Software Solutions Inc (CE)

Degama Software Solutions, Inc. (Pink Sheets:DGMA) CEO, Seijin Ki, is pleased to announce that the company has launched its VascoNow™ Application for users worldwide.

The new interface is a practical application of the company's location-based services (LBS) technology which allows users to communicate, collaborate, interact and more easily share everyday experiences while on the go," states Ki. "The software allows people to efficiently share a restaurant or hotel review, schedule a meet-up, and share photos, music and status updates. Think about being the first one to be able to respond to a job posting in your area, or a classified ad; game sharing and so much more. It's unique in that it utilizes GPS technology to convert your smartphone into a full-service 'you' application which includes not only the sharing abilities, but targeted promotional offers, special rates and digital coupons as desired by the user per their preference settings."

The company is currently working in conjunction with businesses in the hotel, bar & restaurant, car rental and travel industries. Ki comments, "In addition to revenues generated by the LBS app, we have created here multiple revenue streams in our ability to report, specifically, geo-local data to these companies with which we work. This is extremely useful to companies in determining industry trends and profit forecasts."  

The VascoNow™ application, which takes user information and makes the most of it for an entertaining, informative experience, stores the information securely online while making it accessible by the user from any smart phone or device with a web connection, "so we've ensured that you get all the benefits, but in line with an aggressive privacy and confidentiality feature which allows it to be used with freedom and confidence," states Ki.

VascoNow™ will be featured online with its own internet headquarters, a social networking site which will allow members to share their everyday experiences and travels with their friends as they experience them, "without the character limitations of a Twitter and an interface less complex than Facebook, allowing easier status-sharing experience with features built-in that maximize the benefits of geolocation…for all intents and purposes, VascoNow™ is the best of Facebook, Foursquare, Twitter and TripAdvisor, combined in one user-friendly application," adds Ki.

He continues, "Having said that, VascoNow™ will work seamlessly with other social networking sites like Facebook, Twitter, Yelp, FourSquare, etc. which we feel will add to exponential organic user-base and position us, pun intended, as a market leader in the geolocation application space, which is growing at light-speed due to the foundation laid in the last decade by social media." As a recent web article puts it:

Today, Facebook accounts for one out of every four pageviews on the Web and Twitter drives more than 10% of the traffic to most major content sites. That's a lot of participation and a lot of data. Reaching this level took several years for social media. GeoLocation, on the other hand, will get there in the next 12 months. This is largely because social media and mobile have paved the way, which means that by the end of 2010, there will be enough participation and data for geolocation to be universally valuable.

"To put it simply," Ki states, "VascoNow will be an aggregation of the benefits users find from varying websites from social networks, restaurant reviews, travel guides and concert/activity related databases bundled with the benefits of GPS capabilities from your smart phone."

About Degama Software Solutions, Inc.

Degama Software Solutions, Inc. is a leading edge technology company that develops and markets proprietary location based software solutions and applications for consumers and businesses. Degama Software Solutions, Inc. is a publicly listed company (Pink Sheets:DGMA).

Degama Software Solutions Inc. (Degama) markets and builds applications, or "apps" to make it simpler and more enjoyable for people to share information and get things done together. In a vast world, Degama helps people navigate through their days and travels while at the same time staying connected to their friends, family and the world.

Degama is committed to developing and delivering the best products. As mobile devices become increasingly central to people's lives, we work hard to help you get the information you need when you are on the go. For more information about Degama Software Solutions please visit www.degamasoftwaresolutions.com

CONTACT:  Degama Software Solutions
          Seijin Ki
          info@degamasoftwaresolutions.com