Versatile's Kiosks Generate More Than $2 Billion of Credit Facilities for Retailers

    FOR:  VERSATILE SYSTEMS INC.

TSX VENTURE SYMBOL:  VV
AIM SYMBOL:  VVS

August 21, 2008

Versatile's Kiosks Generate More Than $2 Billion of Credit Facilities for Retailers

HARRISBURG, PENNSYLVANIA--(Marketwire - Aug. 21, 2008) -

All amounts are expressed in U.S. dollars unless otherwise stated.

Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS), announces that Versatile's Rockland and Madison
Kiosks which have been deployed by retailers have generated more than $2 Billion of credit facilities
since inception for 512,243 customers. Versatile's Rockland and Madison Kiosks give retailers the
ability to provide their customers with a quick and confidential means of obtaining an instant line of
credit within their store from the retailer's banking partners, which include CitiFinancial, GE Money,
HSBC and Wells Fargo.

Using Versatile's Kiosk a typical retailer can generate over $1 million of credit facilities per annum
at each location with an average credit limit of $4,025 per customer. Versatile offers a monthly
subscription package or a lease-to-own program allowing retailers to participate in this market
without any capital investment.

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) 2008 Versatile Systems Inc. All rights reserved.


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
Website: www.versatile.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.

								
Versatile Systems Inc.