Marketwire
VANCOUVER, CANADA--(Marketwired - July 31, 2013) - Versatile Systems Inc. (TSX VENTURE:VV), announces that Kenneth Kahn has been appointed President of Versatile Systems Inc.
Most recently, Mr. Kahn assumed the role of Executive Vice President and Global Brand Officer at Mood Media, leading a team of 200 people. While in this position he led a major strategic and operational undertaking and successfully unified multiple acquired companies under one global brand. Mr. Kahn and his team renewed 200 national accounts in one year, which helped generate $250 million of annual revenue.
"Kenny is an accomplished and highly respected business executive with notable multi-industry success over the course of his career." said John Hardy, CEO of Versatile. "He has decisively led, strategized, operated, and rebranded various sized companies worldwide. We are fortunate to have Kenny join Versatile and I look forward to working with him."
In 2006, Mr. Kahn founded the innovative and sought after management advisory firm Black Label Advisory. Black Label works with top-level executives to address critical growth, operational and performance issues. He was sought by clients within multiple industries including security, media, entertainment, and software development. Mr. Kahn and his team delivered significant results for clients, even during recent economic downturns. Of particular note, at Iverify, revenues increased five-fold and the company made Inc. Magazine's list of Top 500 Fastest Growing Privately held Companies.
Prior to consulting, Mr. Kahn spent 11 years in executive roles with Muzak LLC. His signature accomplishment was strategically designing and implementing a rebranding plan that financially transformed the iconic Muzak brand. He led the efforts that infused the company with 450 national retail, restaurant, banking and hospitality contracts. His achievements were honored by the Harvard Business School with the development of Kenny Kahn at Muzak case studies and curriculum.
Mr. Kahn's work has been featured in the New York Times, Wall Street Journal, Harvard Business Review, CNN, NBC Nightly News and on the award winning television series Undercover Boss.
"I am honored to have been entrusted with the opportunity to lead this talented organization," said Mr. Kahn, President of Versatile Systems Inc. "Our goal is to strengthen Versatile's sales and operations by delivering its technology portfolio to new platforms and distribution channels and I look forward to working closely with the employees on these initiatives."
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. All amounts are expressed in U.S. dollars unless otherwise stated. © 2013 Versatile Systems Inc. All rights reserved.