Versatile Systems Inc.
TSX VENTURE : VV

Versatile Systems Inc.

June 15, 2016 09:00 ET

Versatile Appoints Andrew Lynch as President

SEATTLE, WASHINGTON--(Marketwired - June 15, 2016) -

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Versatile Systems Inc. (TSX VENTURE:VV) today announced that Andrew Lynch has been named President by the Board of Directors, effective May 27, 2016. Mr. Lynch assumes his new responsibilities from his previous position as Executive Vice President of Sales at Versatile Mobile Systems, Inc., a subsidiary of Versatile Systems Inc.

With Versatile's renewed focus on mobile computing and data collection solutions, Mr. Lynch is the obvious choice to lead the company into the future. His market expertise, combined with the many relationships he has built throughout the industry, both with manufacturers and customers, makes him well suited to lead the drive to increase market share and profitability.

Mr. Lynch has over 25 years experience marketing mobile computing and data collection solutions to tier-one retailers and distributors. He has 20 years executive level experience with Versatile Mobile Systems, Inc.

About Versatile

Versatile is a multi-disciplinary technology company with solutions across the mobile software and hardware landscape. The company's products are utilized by Fortune 500 retailers, as well as large and small distribution companies representing grocery, dairy, beverage and consumer packaged goods. For more information please visit 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, which include statements about Versatile's renewed focus on mobile computing and data collection solutions and the drive to increase market share and profitability, 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this
release. © 2016 Versatile Systems Inc. All rights reserved.

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