Versus Systems Extends Partnership with Texas Rangers for 2025 Season

Rhea-AI Summary

Versus Systems (Nasdaq: VS) has renewed its partnership with the Texas Rangers for the 2025 MLB season, marking their fourth consecutive year of collaboration. The partnership centers on Versus' Filter Fan Cam, an augmented reality technology that broadcasts fans on the main videoboard with team-branded experiences.

The Filter Fan Cam has been a key component of the Rangers' in-game entertainment, notably featured during their 2023 championship win and 2024 World Series appearances. The system will continue to be used at all home games at Globe Life Field.

The renewal reinforces Versus Systems' position in interactive sports entertainment, combining real-time fan engagement with augmented reality technology for professional sports teams and their fans.

Positive

• Extended partnership with Texas Rangers for fourth consecutive year
• Continued presence in major sporting events including World Series appearances
• Successful implementation in all home games at Globe Life Field

Negative

• None.

Insights

Sports Entertainment Technology Analyst

The partnership renewal with the Texas Rangers carries strategic significance beyond mere continuation of services. The four-year relationship with a World Series champion team provides Versus Systems with a powerful reference customer in the highly competitive sports technology market. The successful deployment during high-stakes events like the World Series creates substantial visibility and validation for Versus' technology.

The Globe Life Field implementation serves as a compelling showcase for Versus' capabilities in real-time fan engagement. While specific contract values aren't disclosed, stadium technology deals typically generate recurring revenue through licensing and usage fees, providing predictable cash flow streams. The renewal suggests strong client satisfaction and potential for expanded deployments across other MLB venues.

From a competitive standpoint, the extended partnership strengthens Versus' position in the growing sports entertainment technology sector. The company's Filter Fan Cam technology creates a technical moat through specialized AR capabilities and proven integration with major venue infrastructure. This established presence in MLB venues presents significant barriers to entry for potential competitors.

However, investors should note that while the Rangers renewal demonstrates product-market fit, Versus needs to accelerate adoption across other teams and sports to achieve meaningful scale. The company's market capitalization of $9.9 million suggests substantial growth potential if they can successfully leverage this flagship implementation to expand their footprint in professional sports.

MIAMI, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) is pleased to announce the renewal of its partnership with the Texas Rangers for the 2025 Major League Baseball season. This renewal marks the fourth consecutive year the Texas Rangers have used Versus’ Filter Fan Cam and the continuation of a successful collaboration that has enhanced fan engagement during some of the team’s most impactful moments.

The Filter Fan Cam is a key part of the Texas Rangers’ in-game entertainment and was featured during their 2023 and 2024 World Series appearances, including their historic championship win in 2023. Versus’ Augmented Reality filters allow fans to be broadcast on the main videoboard with customized team-branded experiences. This season, the Texas Rangers will continue using Versus’ filter library for all home games at the Globe Life Field.

“We’re thrilled to extend our partnership with the Texas Rangers for another MLB season,” said Luis Goldner, Chief Executive Officer of Versus Systems. “We’ve worked with some of the best teams and partners in the world and the Rangers’ are exactly that. The team’s commitment to engaging fan experiences combined with Versus’ innovative technology is one of the many reasons why this partnership is such a success. We look forward to delivering interactive experiences to Rangers’ fans for a fourth consecutive year.”

“Implementing Versus’ Filter Fan Cam has made home games even more interactive for fans,” said Chris DeRuyscher, Vice President of Ballpark Entertainment for the Texas Rangers. “We’re excited to bring it back for another season and continue creating fun memorable moments for our fans.”

This renewal highlights Versus Systems’ position as a leader in interactive sports entertainment, blending real-time fan engagement with augmented reality to create rewarding experiences for professional sports teams and their fans.

For more information on Versus Systems and its interactive engagement solutions, visit versussystems.com.

About Versus Systems
Versus Systems (NASDAQ: VS) is a leading provider of gamification and audience engagement technology. Its platform enables brands to create rewarding, interactive experiences that deepen connections with consumers. With a focus on innovation, Versus Systems continues to expand globally, empowering companies to transform their approach to engagement.

Investor Contact:
Cody Slach
Gateway Group, Inc.
949-574-3860
IR@versussystems.com
or
press@versussystems.com

Forward-Looking Statements
This news release contains “forward-looking statements”. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future. Forward-looking statements generally can be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will be,” “will continue,” “will likely result,” and similar expressions. You should not place undue reliance on forward-looking statements and it is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Readers should refer to the risk disclosures outlined in the Company’s quarterly reports on Form 10-Q, the Company’s annual reports on Form 10-K, and the Company’s other disclosure documents filed from time-to-time with the Securities and Exchange Commission at www.sec.gov and the Company’s interim and annual filings and other disclosure documents filed in Canada from time-to-time under the Company's profile on SEDAR+ at https://www.sedarplus.ca.

FAQ

What is the duration of Versus Systems' (VS) renewed partnership with Texas Rangers?

The partnership has been renewed for the 2025 MLB season, marking the fourth consecutive year of collaboration between Versus Systems and the Texas Rangers.

How has Versus Systems' (VS) Filter Fan Cam been used by the Texas Rangers?

The Filter Fan Cam has been used for in-game entertainment at all Texas Rangers home games, including during their 2023 championship win and 2024 World Series appearances.

Where will Versus Systems' (VS) Filter Fan Cam be implemented for the 2025 season?

The Filter Fan Cam will be implemented at all Texas Rangers home games at Globe Life Field during the 2025 season.

What technology does Versus Systems (VS) provide to the Texas Rangers?

Versus Systems provides the Filter Fan Cam technology, which uses Augmented Reality filters to broadcast fans on the main videoboard with customized team-branded experiences.