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Versatile Systems (VVS)

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Tuesday 18 December, 2007

Versatile Systems

Transaction in Own Shares

Versatile Systems Inc
18 December 2007

                      Versatile Systems Inc ('the Company')

                             Purchase of Own Shares

Versatile Systems Inc. announces that, pursuant to its normal course issuer bid 
which commenced on 26 November 2007, the Company acquired 59,500 common shares 
at a price of CDN$ 0.2465 per share on 17 December 2007. Following this purchase,
the number of common shares outstanding is 121,670,143. The shares purchased will
initially be held as treasury shares and, subject to Board approval, will be 
cancelled. The number of treasury shares now held by the Company is 181,000.


Versatile Systems Inc.
Fraser Atkinson, Chief Financial Officer

Tel: +1 604 683 2915 Ext. 214

                      This information is provided by RNS
            The company news service from the London Stock Exchange