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Versus Systems Signs First TV Deal for New Team-Focused TV Channel

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Versus Systems Inc.

Versus will enter a new critical vertical by launching over-the-top TV products in Q4

LOS ANGELES, July 22 10, 2022 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) today announced that it has signed its first Over-the-Top (“OTT”) media contract in continuous and vertical TV – a milestone in the company’s history and a cornerstone of the company’s growth plan. Versus plans to bring its rewards-based fan engagement technology to an OTT sports team-focused TV channel slated to launch in the fourth quarter of 2022.

This announcement marks Versus’ first long-term foray into television and streaming media. The multi-year deal includes adding interactive and second-screen elements to shows and connected content on a new OTT channel to launch in Q4 2022. More information will be available when the channel begins its official promotional campaign at autumn.

“Television is the future of Versus Systems. Over the next two years, beginning with this OTT partnership launching in Q4, we will bring our patented fan engagement software to the multi-hundred billion dollar AVOD and SVOD television vertical markets. Sponsorships and streaming media advertising will be more personalized, more contextual and more rewarding than traditional linear TV ads ever could be,” said Matthew Pierce, Founder and CEO of Versus Systems. “From Netflix’s recent partnership with Microsoft, to Disney’s upcoming AVOD service, to the Warner Bros-Discovery merger, and the recent partnership between YouTube and Shopify – it’s clear that content creators and distributors are eager to find new ways to create innovative and rewarding content. connects audiences, brands and the content they love. This is where Versus will succeed. We bring our best fan engagement platform on-site to fans at home .

About Versus Systems

Versus Systems Inc. is an engagement and rewards company that makes everything from live events to games, shows and apps more fun to watch and play. Versus adds interactive elements: polls, quizzes, predictive and casual games, to existing entertainment, whether onsite or online, making content more contextual, personal and rewarding. Versus works with world-class sports teams, leagues, venues, entertainment companies and other content creators to create engaging and rewarding experiences for fans around the world. For more information, please visit www.versussystems.com or visit the official website of Versus Systems Youtube channel.

Disclaimer for forward-looking information
This press 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 current expectations, estimates and projections. date of this press release. Any statement involving discussion of predictions, expectations, beliefs, plans, projections, goals, 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”, “budgets”, “expects”, “expects”, “estimates”, “believes ” or “intends” or variations of these words and expressions or indicating that certain actions, events or results “might” or “could”, “will”, “might” or “would” be expected 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 made by the 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 that may cause the actual results, performance or achievements of the Company to differ materially from the results, performance or achievements future expressed or implied by these forward-looking statements. Although the forward-looking statements contained in this press release are based on 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 statements. 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 any forward-looking information or the material factors or assumptions used in making such forward-looking information will prove to be accurate. The Company undertakes no obligation to publicly disclose any revisions to update any voluntary forward-looking statement, except as required by applicable law.

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