Versatile launches cloud computing platform at Customer Engagement Technology WorldMechanicsburg, PA November 10, 2010 - Versatile Systems Inc. (Trading symbols on the TSXVenture Exchange: VV and on AIM: VVS), today unveiled its cloud computing platform at the 2010Customer Engagement Technology World in New York. The Self-Service Cloud will offer customers of Versatile’s Self-Service solutions a convenient, yet powerful, suite of tools to manage, monitor, and deploy their self-service infrastructures. Leveraging the power and scalability of cloud technology, this suite of services will be available to deployments of any size as a turn-key, zero-installation solution.
“We are excited to launch our cloud computing strategy for our self-service technology customers,” saidBob Joyce, President of Versatile Systems. “The Self-Service Cloud provides unparalleled management,reporting, and monitoring capabilities with zero installation and managed hosting. This is especially critical for the rapidly expanding interactive digital signage market”
The Self-Service Cloud offers a broad suite of hosted application services that cost effectively scale fromindividual devices to deployments in the thousands. Content Management services allow businesses tomanage branding, advertisements, and promotional material with a few clicks of the mouse. Remote monitoring and configuration can be accessed easily with nothing more than a modern web browser,giving businesses one dashboard to control their self-service operations. Strategic insight into the effectiveness of business initiatives can be gained from using Versatile’s reporting and analytics modules. Integration into social networks at kiosks or interactive digital signage has never been easier due to social promotional features managed in the Self-Service Cloud. Even custom business processes can bedeployed as secure applications in the cloud.
“Our customers have a long history of demanding the best from us, and with our new Self-Service Cloudplatform, we have delivered.” said Oliver Poppenberg, Vice President, COO & EVP Sales. “We have leveraged our long standing expertise in data center, virtualization, and web-hosting technologies to deliver a scalable, reliable, and secure hosted platform for our business customers.”
About VersatileVersatile provides business solutions that enable companies to improve sales, marketing and distributionof their products. Versatile also provides information technology services for the implementation,maintenance and security of mission-critical computer environments. Versatile has the ability to architectsolutions involving both proprietary and third party components. For more information:www.versatile.com.
Forward-Looking Statements This document may contain forward-looking statements relating to Versatile’s operations or to theenvironment in which it operates, which are based on Versatile’s operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or are beyond Versatile’s control. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any unduereliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. Versatile disclaims any intention or obligation to update or revise anyforward-looking statements whether as a result of new information, future events or otherwise.
FOR FURTHER INFORMATION, PLEASE CONTACT:John Hardy, Chairman and CEO Fraser Atkinson, CFO1-800-262-1633 1-800-262-1633 International: 001-206-979-6760The TSX Venture Exchange and the AIM market of the London Stock Exchange have not reviewed and do not acceptresponsibility for the adequacy or accuracy of this release. © 2010 Versatile Systems Inc. All rights reserved.