Versus Systems Announces New Interim CFO

Rhea-AI Summary

Versus Systems (NASDAQ: VS), a leader in interactive entertainment and audience engagement solutions, has appointed Geoff Deller as its new interim Chief Financial Officer. Deller brings extensive experience in finance, investment banking, and technology, particularly in social media, entertainment, and SMS messaging. He has also held executive and advisory roles in various privately owned companies across multiple sectors.

Interim CEO Curtis Wolfe expressed confidence in Deller's alignment with the Board's vision for the company. Deller's appointment is seen as a strategic move to guide Versus Systems through its next growth phase, leveraging his financial leadership to capitalize on new opportunities and build upon the company's accomplishments.

Positive

• Appointment of experienced interim CFO with relevant industry expertise
• Strategic move to guide the company through its next growth phase
• Alignment of new CFO with the Board's vision for the company

Negative

• None.

LOS ANGELES, July 22, 2024 (GLOBE NEWSWIRE) -- Versus Systems, Inc. (NASDAQ: VS), a pioneering technology company in interactive entertainment and audience engagement solutions, is pleased to announce the appointment of a new interim Chief Financial Officer. 

Effective immediately, Geoff Deller has been appointed as the new interim Chief Financial Officer of Versus Systems. Geoff Deller brings with him years of experience in finance and investment banking, as well as broad experience within technology companies, including social media, entertainment and SMS messaging. In addition, Geoff has held various executive and advisory positions, at privately owned companies in multiple industry sectors. His financial leadership is expected to guide the company forward in its next phase of growth and innovation.

“I'm thrilled to join Versus Systems at this pivotal stage in its journey to deliver fan engagement for its customers," said Geoff Deller, interim CFO of Versus Systems. “Versus Systems, Inc. is a brilliant platform that innovates in the space between live events and compelling gamification for teams and brands. The support from our new investors marks an exciting chapter for our Company."

“We are pleased that Geoff shares with me the Board of Director’s vision for the Company. As we continue to build a dynamic management team, we are looking to the future and the opportunities available to the Company. I expect that Geoff will play a key role in our future,” said Curtis Wolfe, the Interim Chief Executive Officer of the Company. "We strive to continue to build on the Company’s accomplishments as we plot the path for a new era for the Company, its customers, and shareholders."

Versus Systems remains dedicated to innovation, security, and delivering unparalleled value to its stakeholders. The Company looks forward to the opportunities that lie ahead as it continues to redefine the landscape of interactive entertainment.

For media inquiries, please contact:

Cody Slach
Gateway Group, Inc.
949-574-3860

IR@versussystems.com
or
press@versussystems.com

About Versus Systems: Versus Systems, Inc. has developed a proprietary in-game prizing and promotions engine that allows game developers and publishers to offer real-world rewards inside their games. Players can choose from a variety of rewards that match their interests, including merchandise, events, and digital goods. Versus Systems is headquartered in Los Angeles, California.

For more information, please visit www.versussystems.com.

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding the appointment of our interim CFO. Forward-looking statements can be identified by the use of forward-looking terminology such as “expects,” “believes,” “estimates,” “intends,” “may,” “will,” “should” or “anticipates” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward-looking statements are inherently subject to risks, uncertainties and assumptions about Versus Systems and its subsidiaries, including risks and other factors described in our Annual Report on Form 10-K for the year ended December 31, 2023, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements attributable to Versus Systems or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements included in this press release. Versus Systems undertakes no obligation to publicly update or revise any forward-looking statements contained or incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur as presented or at all.

FAQ

Who is the new interim CFO of Versus Systems (NASDAQ: VS)?

Geoff Deller has been appointed as the new interim Chief Financial Officer of Versus Systems (NASDAQ: VS), effective immediately as of July 22, 2024.

What experience does Geoff Deller bring to Versus Systems (NASDAQ: VS)?

Geoff Deller brings years of experience in finance, investment banking, and technology, particularly in social media, entertainment, and SMS messaging. He has also held executive and advisory positions in privately owned companies across multiple sectors.

What is the significance of Geoff Deller's appointment for Versus Systems (NASDAQ: VS)?

Geoff Deller's appointment is expected to guide Versus Systems through its next phase of growth and innovation, leveraging his financial leadership to capitalize on new opportunities and build upon the company's accomplishments.

What does Versus Systems (NASDAQ: VS) specialize in?

Versus Systems (NASDAQ: VS) is a pioneering technology company specializing in interactive entertainment and audience engagement solutions, focusing on fan engagement through gamification for teams and brands.