Versatile Announces Results of Annual General Meeting

TIDMVVS

Versatile Announces Results of Annual General Meeting
FOR: VERSATILE SYSTEMS INC.

TSX VENTURE SYMBOL: VV
AIM SYMBOL: VVS

November 16, 2010

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2010) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS) today announces the results of its annual general meeting, which was held earlier today.

The shareholders elected John Hardy, Alessandro Benedetti, Malcolm Clay, Fraser Atkinson, Kais Laouiti and Bertrand des Pallieres as directors of the Company. John Hardy will continue to serve as the Chairman and Chief Executive Officer, Robert Joyce as the President and Fraser Atkinson as the Chief Financial Officer and Corporate Secretary.

The shareholders also appointed Deloitte & Touche LLP as the Company's auditors for the ensuing fiscal year.

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.

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FOR FURTHER INFORMATION PLEASE CONTACT:

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

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