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VS - Versus Systems Inc News Story

C$12.65 0.2  1.2%

Last Trade - 25/02/21

Small Cap
Market Cap £70.4m
Enterprise Value £70.2m
Revenue £799k
Position in Universe 801st / 2712

Versus Systems Partners with Sparx Technology for Rewards in Live Television Events

Thu 3rd December, 2020 8:01am
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LOS ANGELES, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Versus Systems Inc.
(“Versus”) (CSE:VS) (OTCQB:VRSSF) (FRANKFURT:BMVA) today signed a
multi-year Strategic Alliance Agreement (the “Agreement”) with Sparx
Technology Inc. (“Sparx”) to add Versus’ patented real-world prizing
platform to the Sparx Participation Platform – a second-screen engagement
tool used by global brands, events, and teams from the NFL, the NBA, the NHL,
and MLB and more. The Sparx platform also works with networks and broadcast TV
clients including NBC, ABC, Disney, and CNN.

Sparx plans to use Versus’ patented rewards and engagement engine to
incentivize audiences and fans to play predictive, polling, and trivia games
either at-home or in-venue, before or during the live event. The agreement
outlines the co-development of tools for reality TV, awards shows, and
live-streaming events. Sparx has worked on the U.S. Presidential Election, the
Academy Awards, Big Brother Australia, the Miss Universe Pageant and more.

The two companies plan to have their co-developed products available in early

About Sparx, Inc.

Sparx is the global leader in real-time audience engagement. Their platform
engages fans with predictive games, trivia, voting, and polling during live or
recorded programming and events.

Sparx has worked with NBC & NBC Sports, ABC, ESPN, The Disney Channel, The
Academy Awards, NESN Sports, Jacksonville Jaguars, Big Brother Australia, Club
Atlético Boca Juniors in Argentina, and many others.

For further information, please contact:

Alan Thorgeirson, Chief Executive Officer
Tel: 403-471-3503

About Versus Systems

Versus Systems has developed a proprietary in-game prizing and promotions
engine that allows game publishers and developers to offer in-game and in-app
prizing across mobile, console, PC games, and streaming media. Brands pay to
place products in-game and gamers compete for those prizes. For more
information, please visit or visit the official Versus
Systems YouTube channel

For Versus Systems, contact:
Cody Slach, Sean McGowan
Gateway Investor Relations

Disclaimer for Forward-Looking Information 

This news release contains certain forward-looking information and
forward-looking statements within the meaning of the applicable Canadian
securities legislation. All statements, other than statements of historical
fact, are forward looking statements and are based on expectations, estimates
and projections as at the date of this news release. Any statement that
involves discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or performance
(often but not always using phrases such as "expects", or "does not expect",
"is expected", "anticipates" or "does not anticipate", "plans", "budget",
"scheduled", "forecasts", "estimates", "believes" or "intends" or variations
of such words and phrases or stating that certain actions, events or results
"may" or "could", "would", "might" or "will" be taken to occur or be
achieved), including the statement that Sparx and the Company estimate that
their co-developed products will be available in early 2021, are not
statements of historical fact and may be forward looking statements. These
forward-looking statements are based on reasonable assumptions and estimates
of management of the Company at the time such statements were made. Actual
future results may differ materially as forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to materially
differ from any future results, performance or achievements expressed or
implied by such forward-looking statements. Although the forward-looking
statements contained in this news release are based upon what management of
the Company believes, or believed at the time, to be reasonable assumptions,
the Company cannot assure shareholders that actual results will be consistent
with such forward-looking statements, as there may be other factors that cause
results not to be as anticipated, estimated or intended. Accordingly, readers
should not place undue reliance on forward-looking statements and information.
There can be no assurance that forward-looking information, or the material
factors or assumptions used to develop such forward-looking information, will
prove to be accurate. The Company does not undertake any obligations to
release publicly any revisions for updating any voluntary forward-looking
statements, except as required by applicable law. 

The Canadian Securities Exchange does not accept responsibility for the
adequacy or accuracy of this press release.


GlobeNewswire, Inc. 2020
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