Transaction in Own Shares

    RNS Number : 7196I
  Versatile Systems Inc
  24 November 2008
   

    Versatile Systems Inc ("the Company")
    Purchase of own shares 


    Versatile Systems Inc. announces that, pursuant to its normal course issuer bid which commenced on 26 November 2007, the Company
acquired 50,000 common shares at an average price of CDN$ 0.085 per share on 20 November 2008. Following this purchase, the number of common
shares outstanding is 118,285,643. The shares purchased will initially be held as treasury shares and, subject to Board approval, will be
cancelled. The number of treasury shares now held by the Company is 304,000.

    Enquiries:
    Versatile Systems Inc.
Fraser Atkinson, Chief Financial Officer
    Tel: +1 604 683 2915 Ext. 214
www.versatile.com

    NCB Stockbrokers Limited                 
    Jonathan Gray or Emma Brewer    
    Tel: +44 (0) 20 7071 5200



This information is provided by RNS
The company news service from the London Stock Exchange
 
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