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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 Dec 19, 2006 7:23am
220 Views
Post# 11889620

BIG NEWS

BIG NEWSVersatile Commences Installation of One of the World's Largest Wireless LAN Tuesday December 19, 4:00 am ET Partners with Aruba Networks to Provide Complete Solution to Ohio State University MECHANICSBURG, PENNSYLVANIA--(CCNMatthews - Dec. 19, 2006) - Versatile Systems Inc. (TSX VENTURE:VV - News) today announced the deployment of one of the world's largest wireless local area network (LAN), at Ohio State University. When the rollout is complete, the network will cover Ohio State University's main campus, which comprises over 400 buildings and 25 million square feet situated on approximately 1,700 acres. ADVERTISEMENT The wireless network leverages Aruba Networks' technology to provide ubiquitous wireless access to the university's student population of over 50,000, in addition to over 27,000 faculty and staff. Ohio State has estimated that over 3,000 Access Points are required for minimal coverage, and up to 10,000 Access Points may be required for optimal coverage, along with over 40 mobility controllers distributed across their three core router points of presence (POPs). Ohio State University is now in the first year of a five-year project to deploy the wireless network. "Within a mere three weeks, we have been able to activate over 1,700 Access Points in 28 buildings," said Bob Corbin, director of telecommunications and networking, Ohio State University Office of Information Technology. The University expects to complete installation in the 31 residence halls, supporting over 12,000 students, in the next 30 days. Versatile worked closely with Aruba Networks on this project. "Aruba's products have been installed in over 170 higher education institutions around the world, and we're now seeing a significant shift in the way universities are looking at mobile technology," said Keerti Melkote, founder of Aruba Networks. "The opportunity to be involved in the largest wireless LAN deployment ever was one we could not pass up and we were happy to partner with Versatile Systems on a project of this magnitude." Once the wireless network is complete in the residence halls, the University expects to install Access Points in the 400 student gathering areas on the campus. Full deployment is expected by the year 2011 with an estimated 10,000 Access Points in place. About Aruba Networks Aruba Networks is a fast-growing enterprise infrastructure company enabling the Mobile Edge, an evolutionary network architecture that represents a new approach to transitioning enterprise networks from a fixed, port-based architecture to an architecture centered on secure, identity-based mobility. The Mobile Edge simultaneously delivers mobile data and VoIP services, as well as a common user experience to mobile workers in the office, at home and on the road, by creating a secure mobility overlay that spans the LAN, the WAN and the Internet. To deliver the Mobile Edge, Aruba manufactures and markets a complete line of fixed and modular mobility controllers, wired and wireless access points, an advanced mobility software suite, and a mobility management system. Privately held and based in Sunnyvale, California, Aruba has operations in the United States, Europe, the Middle East and Asia Pacific, and employs staff around the world. To learn more, visit Aruba at : www.arubanetworks.com 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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. © 2006 Versatile Systems Inc. All rights reserved. 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 Website: www.versatile.com -------------------------------------------------------------------------------- Source: Versatile Systems Inc.
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