Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) today
announced that it has reached a significant milestone in fan
engagement since the acquisition of Xcite Interactive in June.
Versus has now surpassed 10 million viewers across all platforms
since July 1, 2021 and is approaching 1 million viewers per week
since the beginning of October.
In the last 100 days, Versus-enabled content has been viewed at
over 500 events around the world, including in-venue at multiple
stadiums, arenas, and live events. Dozens of NFL, NCAA,
NHL, MLB, and MLS games have been powered by Versus fan engagement
tools. Versus has also powered fan engagement for events such as
live cricket matches in the UK, rodeos in the US, and baseball
games in Japan. Moreover, Versus-enabled video game experiences can
also be played on HP Omen and Pavilion desktop and laptop computers
in the US, China, India, the UK, and Mexico.
With Versus, fans can enjoy all kinds of interactive games and
in-venue experiences that enhance live events, whether on their
mobile device or on the main-board displays of the greatest venues
in the world.
“Our goal is to make everything we work with more fun. We
believe that things like interactivity, earned rewards, and
quality, contextual second-screen content can make even the best
entertainment experiences better - whether it’s your favorite team,
your favorite game or your favorite show. The kind of viewership
numbers that we are seeing now, and the growth of our audience over
the last few months, is very exciting – not just for the company,
but for the future as we seek to add more teams, more leagues, and
more venues – and also more brands and agencies that are hoping to
reach these extremely engaged audiences all over the world,” said
Matthew Pierce, founder and CEO of Versus Systems.
With the recent acquisition of Xcite Interactive and the growth
from one industry-leading partner to over 60 teams and content
partners worldwide, Versus has grown its user base significantly
over the last 100 days. Versus has also grown its product
offerings, from a historic focus on professional services like
bespoke software development and industry-leading live event
production, to now offering licensed software and advertising as
the fastest-growing parts of its product and service lines. While
Versus’ professional services continues to grow with new
partnerships, the software licensing and subscriptions as well as
the advertising revenue sharing will be a significant focus for the
company going forward.
Software licensing and subscriptions empowers teams, leagues,
and other live event partners to use the Versus interactive and
rewards platform to engage with and reward their audiences,
in-venue or at home, while the advertising and sponsorship elements
allow brands, agencies, and sponsors - many of whom are already
working with Versus-partner teams - to place their products,
offers, and rewards inside Versus-enabled interactive content.
Versus shares the revenues from these sponsorships and rewards with
its content partners including teams and leagues.
“We are excited to see the audience numbers growing the way that
they are,” added Pierce. “We believe the future of entertainment -
all entertainment - from live events to games to television, is
more interactive, more contextual, and more rewarding. Seeing these
fans, many of whom are online, on our system, for 30 minutes or
more per game, playing and winning and engaging the way that they
are - we are very very excited for the future.”
About Versus Systems
Versus Systems Inc. is an engagement and rewards company that
makes live events, games, shows, and apps more fun to watch and
play. Versus adds interactive games, polling, trivia, predictive
elements, and other win conditions to existing entertainment -
whether in-venue or online - making the content more contextual,
personal, and rewarding. Versus works with world class sports
teams, leagues, venues, entertainment companies, and other content
creators to make engaging, rewarding experiences for fans all over
the world. For more information, please visit
www.versussystems.com or visit the official Versus
Systems YouTube channel.
Investor Contact:Cody Slach and Sophie
PearsonGateway Investor
Relations949-574-3860IR@versussystems.comorpress@versussystems.com
Disclaimer for Forward-Looking
InformationThis news release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. 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. 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.
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