Versatile Announces Deployment of Kiosks to Avalon Carpet
06 Juillet 2010 - 9:53AM
UK Regulatory
TIDMVVS
Versatile Announces Deployment of Kiosks to Avalon Carpet
FOR: VERSATILE SYSTEMS INC.
TSX VENTURE SYMBOL: VV
AIM SYMBOL: VVS
July 6, 2010
Versatile Announces Deployment of Kiosks to Avalon Carpet
MECHANICSBURG, PENNSYLVANIA--(Marketwire - July 6, 2010) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS),
announces that Avalon Carpet Tile & Flooring, Mohawks' Floorscapes 2009 National Dealer of the Year has
extended its leadership in the retail flooring marketplace with the deployment of Versatile's Mobiquity
Kiosk(TM) solution. Avalon, ranked 7th among the nation's top 75 flooring retailers, has installed Versatile's
Mobiquity Kiosks(TM) at all of their state-of-the-art showroom locations.
Avalon ensures that their staff has the information it needs to drive growth with promotional financing through
the Mohawk Consumer Finance Program by utilizing the Versatile Mobiquity Kiosk(TM) solution. "Credit is
important to all of our customers in today's economic environment," said Ron Martignoni, EVP and CFO of Avalon.
"Benefits for our customers include allowing them more product selections and an affordable, predictable
payment. Our business also benefits from higher average tickets and more closed sales."
The credit kiosk, created by Versatile Systems, features a touch screen and built-in computer that allows the
consumer, without store assistance, to connect to the lender and apply for credit. An answer, either approved
or not, is provided in seconds. The safe, secure kiosk provides credit line information encouraging shoppers to
look beyond their initial purchase intent.
"Avalon is clearly a leader in the retail flooring marketplace and we are proud to help them extend this
position by leveraging our credit platform" said Oliver Poppenberg, Jr, Chief Operating Officer of Versatile
Systems. "Providing private-label credit in a safe and secure manner while freeing the retailer's staff to
focus on customer care has a significant, positive impact on the customer experience."
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Versatile Systems Inc.
John Hardy, Chairman and CEO
1-800-262-1633
International: 001-206-979-6760
OR
Versatile Systems Inc.
Fraser Atkinson, CFO
1-800-262-1633
www.versatile.com
OR
NCB Stockbrokers Limited (Nominated Adviser)
Christopher Caldwell or Barclay Clibborn
+44 (0) 20 7071 5200
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. (C)2010 Versatile Systems Inc. All rights
reserved.
Versatile Systems Inc.
Versatile Systems (LSE:VVS)
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