VVS Vers. Sys. Di

 
TIDMVVS 
 
Versatile Aligns Operations in Response to Market Conditions 
FOR:  VERSATILE SYSTEMS INC. 
 
TSX VENTURE SYMBOL:  VV 
AIM SYMBOL:  VVS 
 
January 22, 2009 
 
Versatile Aligns Operations in Response to Market Conditions 
 
Reduction in costs result in estimated annual savings of over U.S. $1.6 million 
 
VANCOUVER, CANADA--(Marketwire - Jan. 22, 2009) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS), today 
announced that it has implemented a series of cost reductions in light of the current economic climate. 
 
Versatile has reduced its workforce, focused research and development activities on core products, and 
redeployed research and development staff to the professional services group. These measures will result in 
estimated annual savings of approximately U.S. $1,670,000, which represents 12% of the Company's annualized 
expenses. The Company will continue to monitor its costs in relation to its revenues and changes within the 
economy. 
 
"We believe we have adopted a balanced approach in continuing to align our cost structures in light of the 
current economic environment," said John Hardy, Chairman and CEO of Versatile. "Nevertheless, we have also 
maintained our ability to pursue growth opportunities, which will enable us to generate long term profitability 
in a very challenging market environment." 
 
During the second quarter the Company received several substantial orders for its core products and services, 
from its existing customer base, including U.S. $1,066,567 from the University of Pittsburgh, U.S. $836,392 
from Comcast and U.S. $717,048 from Tyco Electronics. 
 
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) 2009 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 
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. 
 

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