Versatile Systems Appoints Vicki Turjan Chief Financial Officer

Turjan Brings Significant Financial and Operating Experience to Versatile Systems

MECHANICSBURG, Pa.--()--Versatile Systems Inc. (trading symbol on the TSX Venture Exchange: VV) (“Versatile” or the “Company”) today announced that it has appointed Vicki Turjan as chief financial officer. Turjan will lead the company’s finance and administrative teams and will execute financial strategies to enhance Versatile’s growth and increase operational efficiencies.

“Vicki is a highly seasoned financial executive with significant operational experience and a detailed knowledge of Versatile’s clients, suppliers and business,” said Kenny Kahn, chief executive officer. “Vicki has been with Versatile since 2000 most recently serving as the company’s vice president of finance and administration. I am confident that Vicki’s finance, planning and business knowledge will increase Versatile’s financial discipline as we execute our growth strategy. Over the past 90 days, we have strengthened our senior leadership team in core areas and Vicki is another great example of the best-in-class talent we have and are attracting to Versatile. We believe that we have significant opportunities to enhance our growth and create enhanced value for shareholders and other stakeholders. I look forward to working closely with Vicki and the rest of the management team to achieve our strategic objectives in 2014 and beyond.”

During her service with the company, Turjan was named one of Pennsylvania’s Best 50 Women in Business for her outstanding professional and personal accomplishments.

Kahn also thanked Kelley Boyer, previous interim chief financial officer, for her service and said she will continue to work with the company as a financial advisor.

About Vicki Turjan

Turjan has been with Versatile Systems, Inc. since 2000 serving both as the company’s director of finance and vice president of finance and administration. During that time she has been involved in directing significant financial aspects of the business including accounting practices, budgeting, financial planning, interface with the financial community, financial analysis, and monitoring of financial performance. Prior to joining Versatile, she held multiple challenging executive management positions in the television industry including roles with Hearst Argyle Corporation in Lancaster, Pa. Her experience also includes financial roles in the manufacturing sector. Turjan holds an MBA degree from the St. Francis University and an economics degree from the University of Pittsburgh.

About Versatile

Versatile is a multi-disciplinary technology company with solutions across the mobile, digital signage, IT infrastructure, software and hardware landscape. The company’s products are utilized by Fortune 500 companies, leading financial institutions and large and small retail organizations. For more information please visit 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 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.

© 2014 Versatile Systems Inc. All rights reserved.

Contacts

Versatile Systems Inc.
Kenny Kahn, 717-620-2531
Chief Executive Officer
inquiries@versatile.com

Release Summary

Versatile Systems Inc. today announced that it has appointed Vicki Turjan as chief financial officer. Turjan will lead the finance and administrative teams and will execute financial strategy.

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Contacts

Versatile Systems Inc.
Kenny Kahn, 717-620-2531
Chief Executive Officer
inquiries@versatile.com