Versus Systems Expands Functionality of Dynamic Regulatory Compliance to allow Prizing in all 50 States

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System update expands State by State prizing with Versus' Dynamic Regulatory Compliance engine increasing audience size and reach by 10% in advance of launch into EU and Asia

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2019) - Versus Systems, Inc. ("Versus" or the "Company") VS VRSSF BMVA adds new functionality to its patented Dynamic Regulatory Compliance engine to support additional regions in the United States, increasing audience for brands and content partners.

"Navigating the legal and regulatory aspects of rewards and prizing is a pain point for both content creators and brands," said Matthew Pierce, Versus Systems' CEO. "Versus Systems' prizing platform has always focused on global, regional, and local compliance at every step - and now Versus can place prizes in all 50 states, using the same technology that will soon expand into Europe and Asia - allowing our partners to expand their prizing campaigns, connecting with more players."

This expansion resulted in an overnight 10% increase in audience for content partners, an important milestone for Versus Systems' growth in 2019. "Our partners saw immediate lift from this expansion," said Pierce, "we were able to hit targeted growth for their Q4 goals early in the quarter, an important metric that tracks against Versus' value proposition."

Brands can now connect in-game with players nationwide in the US, before global expansions that are planned for Q4 and throughout 2020.

To join Versus' investor group, please visit http://connects.systems/versusgroup.

About Versus Systems

Versus Systems VS VRSSF has developed WINFINITE - a proprietary in-game prizing and promotions engine that allows game publishers and developers to offer in-game prizing across various platforms including mobile, console, PC games, and streaming media. Brands pay to place products in-game via WINFINITE, and gamers compete for those prizes.

For more information on Versus Systems' new platform, WINFINITE, visit www.versussystems.com or visit Versus Systems official YouTube channel.

Contact: info@versussystems.com

For Versus Systems, contact:
Matthew Pierce
press@versussystems.com
(424) 242-4150

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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) are not statements of historical fact and may be forward looking statements. In this news release, forward-looking statements relate, among other things, to: the proposed use of proceeds from the Offering. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/49035

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