Versatile Announces Desjardins Group as New Financial Services Partner

TIDMVVS

Versatile Announces Desjardins Group as New Financial Services Partner
FOR: VERSATILE SYSTEMS INC.

TSX VENTURE SYMBOL: VV
AIM SYMBOL: VVS

March 1, 2010

VANCOUVER, CANADA--(Marketwire - March 1, 2010) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS), announces
that Desjardins Group, the largest cooperative financial group in Canada is a new financial services partner.
Desjardins customers, including La-Z-Boy Canada, will now be able to process credit applications using the
Versatile Mobiquity Kiosk(TM) system to make the transaction more efficient and secure.

Combining Versatile's proprietary kiosk hardware and software, the Mobiquity Kiosk(TM) enables retailers to
automatically process electronic credit card applications. It is designed for retail establishments that sell
big-ticket items in a retail showroom environment. The solution also delivers improved sales performance at the
showroom level while providing the retailer with valuable purchasing information and business metrics.

Versatile has partnered with Desjardins to provide consumer finance solutions for their customers using
Versatile's Mobiquity Kiosk(TM). "We have been looking for an innovative way to help our retail partners
enhance the customer experience, improve sales and increase customer loyalty, with the highest level of
security available," said Philip Ward, Sales Director at the Desjardins Card Services Division. "We are pleased
to have Versatile's Mobiquity Kiosk(TM) as part of our suite of products and services offerings for our client
partners."

"Desjardins will be an excellent partner for Versatile throughout Canada," said Oliver Poppenberg, Jr,
Executive Vice President, Sales. "Desjardins is a forward thinking financial institution that is committed to
the highest level of customer service and recognizes that technology can play a major part in achieving that
goal."

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.

About Desjardins

Desjardins Group is the largest cooperative financial group in Canada, and the sixth largest in the world, with
overall assets of $163 billion. Drawing on the strength of its caisse network in Quebec and Ontario, as well as
its subsidiaries, several of which are active throughout Canada, Desjardins offers a full range of financial
products and services to its 5.8 million individual and business members and clients. Desjardins Group is also
home to a wealth of expertise in property and casualty insurance, life and health insurance, wealth management,
services for businesses of all sizes, securities brokerage, venture capital, asset management and secure
leading-edge virtual access methods, all part of an integrated offer that is the only one of its kind in
Canada. One of the largest employers in the country, Desjardins is backed by the knowledge and skills of its
42,000 employees and the commitment of its 6,300 elected officers. To find out more, go to www.desjardins.com.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Versatile Systems Inc.
John Hardy
Chairman and CEO
1-800-262-1633
International: 001-206-979-6760

Versatile Systems Inc.
Fraser Atkinson
CFO
1-800-262-1633

NCB Stockbrokers Limited (Nominated Adviser)
Christopher Caldwell or Barclay Clibborn
+44 (0) 20 7071 5200

FURTHER INFORMATION ABOUT DESJARDINS GROUP
(for journalists only):
Caroline Phemius
Advisor, Media Relations
(514) 281-7000 or 1 866 866-7000, ext. 7646
caroline.phemius@desjardins.com

The TSX Venture Exchange and the AIM market of the London Stock Exchange have not reviewed and do not accept
responsibility for the adequacy or accuracy of this release.

Versatile Systems Inc.

Versatile Systems (LSE:VVS)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024