Versatile Announces Management Change
16 Agosto 2013 - 2:00PM
Marketwired Canada
Versatile Systems Inc. (TSX VENTURE:VV), announces that Robert Joyce has
resigned as a director and officer of Versatile and all of its subsidiary
companies. Mr. Joyce will continue with the company in a consulting role as well
as assisting in the transition with new management.
On July 31, 2013 Versatile announced the appointment of Kenneth Kahn as
President of Versatile Systems Inc. Prior to that, he served as Executive Vice
President and Global Brand Officer for Mood Media. Mr. Kahn has now been
appointed the President of all of Versatile's subsidiary companies.
"Bob's vision led to an enhanced strategic focus on the companies IP based
products, which has provided the foundation for future growth," said John Hardy,
CEO of Versatile. "While Bob has elected to leave the business to pursue new
interests, I am very pleased that he will continue to actively assist Versatile.
I would like to thank Bob for his many years of service and commitment to the
Company."
As Versatile is committed to the highest levels of quality and service, this
change will have no effect on current clients. Furthermore, Versatile is highly
committed to energizing specific portions of the Company's product portfolio
including its Smart Sign(TM) and Mobiquity(TM) suite of products and services.
"I am deeply committed to enhancing Versatile's operations and focusing the
organization on key growth initiatives," said Kenneth Kahn, President of
Versatile. "I intend to direct Versatile on a path to a profitable, growing
company that delivers on its promise of turning data into knowledge, anytime,
anywhere."
About Versatile
Versatile provides business solutions that enable companies to improve sales,
marketing and distribution of their products. Versatile also provides
information technology services for the implementation, maintenance and security
of mission-critical computer environments. Versatile has the ability to
architect solutions 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 the environment 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 undue
reliance 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 any forward-looking statements
whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. (C) 2013 Versatile Systems Inc. All
rights reserved.
FOR FURTHER INFORMATION PLEASE CONTACT:
Versatile Systems Inc.
John Hardy
CEO
1-800-262-1633
International: 001-206-979-6760
Versatile Systems Inc.
Fraser Atkinson
CFO
1-800-262-1633
www.versatile.com
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