Versatile Announces Stock Option Grants

 
TIDMVVS 
 
Versatile Announces Stock Option Grants 
FOR:  VERSATILE SYSTEMS INC. 
 
TSX VENTURE SYMBOL:  VV 
AIM SYMBOL:  VVS 
 
February 23, 2011 
 
Versatile Announces Stock Option Grants 
 
VANCOUVER, CANADA--(Marketwire - Feb. 23, 2011) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS), announces 
stock option grants approved by the Board of Directors. 
 
Versatile has granted incentive stock options to employees, officers and directors of the Company, to acquire a 
total of 7,122,100 common shares of the Company with vesting commencing after four months, exercisable for a 
period of five years at a price of CDN $0.11 per share, subject to the approval of the TSX Venture Exchange. 
 
Since the last stock option grant in June 2009 a total of 4,609,000 stock options have expired or been 
forfeited. 
 
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. 
 
(C) 2011 Versatile Systems Inc. All rights reserved. 
 
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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) 
[phone] 
 
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.