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Versatile Systems Inc VVVFF

"Versatile Systems Inc and its subsidiaries are engaged in software development and sales of computer software, hardware and system integration services related to wired and wireless mobile business solutions. The company's products and services include field sales system, android dex, management console, service depots, single repairs etc. It has Eastern US, Western US, and VMS-UK geographic segments. The firm derives the majority of its revenues from Eastern US segment."


GREY:VVVFF - Post by User

Bullboard Posts
Post by cymlanon Sep 07, 2006 6:58am
296 Views
Post# 11328190

NEWS

NEWSNot the financial report but it's a start. Wolf Furniture Selects Versatile's Enhanced Mobiquity Kiosk'TM' Thursday September 7, 4:00 am ET MECHANICSBURG, PENNSYLVANIA--(CCNMatthews - Sept. 7, 2006) - Versatile Systems Inc. (TSX VENTURE:VV - News) today announced that it has completed an upgrade of the Mobiquity Kiosks(TM) deployed throughout all Wolf Furniture Stores. Wolf Furniture customers will now get additional services from the kiosks as well as private label credit from Wolf Furniture's banking partner HSBC. ADVERTISEMENT "We have been utilizing the Mobiquity Kiosks(TM) in our stores for well over a year," said J. Douglas Wolf, President of Wolf Furniture. "We are pleased to provide our customers with the ability to check available credit and obtain a new line of credit. With our added improvements, we can now offer store coupons to our customers on the spot, making us unique in our market. Our ability to offer customer specific coupons at the kiosk is a direct result of the customer information we have collected and is available to us in real time. The Mobiquity Kiosk(TM) is an invaluable tool, for our business, our customers and our sales associates." The Mobiquity Kiosk(TM) enables retailers to automatically process electronic private label credit applications. It is designed for retailers such as Wolf Furniture, who sell big ticket items by commissioned sales staff in a retail showroom environment. The solution delivers improved sales performance at the showroom level while providing valuable customer information and business metrics. "Wolf Furniture was one of Versatile's first Mobiquity Kiosk(TM) users and has been a valuable collaborator as we work to improve the functionality and service offerings of the kiosk," said Bob Joyce, President of Versatile Systems Inc. "Versatile provides its customers with the software tools which will set them apart from their competitors and make the customer experience in their store something that brings them back time and time again." About Wolf Furniture Wolf Furniture has nine locations in Pennsylvania and Maryland and has over 400 dedicated home furnishing professionals committed to exceptional customer service. Wolf Furniture has been in existence for over a century and has never wavered from its desire to be dedicated and committed to its customers and the communities they live in. About Versatile Versatile provides business solutions that enable companies to improve sales, marketing and distribution of their products. By using Versatile's technology, companies in the consumer packaged goods, and transportation industries have gained the benefits of supply chain visibility, shortened fulfillment cycles and improved customer satisfaction. Versatile also provides information technology services for the implementation, maintenance and security of mission critical computing environments. Versatile has the ability to architect solutions involving both proprietary and third party components. For more information go to 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. © 2006 Versatile Systems Inc. All rights reserved. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Contact: John Hardy Versatile Systems Inc. Chairman and CEO 1-800-262-1633 or International: 001-206-979-6760 Fraser Atkinson Versatile Systems Inc. CFO 1-800-262-1633 www.versatile.com
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