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Versatile Systems (VVS)

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Tuesday 06 October, 2009

Versatile Systems

Versatile Announces Investment in Equus



FOR:  VERSATILE SYSTEMS INC.

TSX VENTURE SYMBOL:  VV
AIM SYMBOL:  VVS

October 6, 2009

Versatile Announces Investment in Equus

VANCOUVER, CANADA--(Marketwire - Oct. 6, 2009) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS),
announces that the Company, through a wholly owned U.S. subsidiary (the "Reporting Persons"), has
acquired an 8.3% position in Equus Total Return, Inc. (NYSE:EQS)(the "Fund") for U.S. $2.4 million.

The Company filed a Schedule 13D today with the U.S. Securities and Exchange Commission and under item
4 for the "Purpose of Transaction" stated:

The Reporting Persons purchased the shares of Common Stock reported herein based on the Reporting
Persons' belief that the Common Stock at current market prices are undervalued and represent an
attractive investment opportunity. Depending upon overall market and general economic conditions,
other investment opportunities available to the Reporting Persons, the market prices of the shares of
Common Stock of the Fund (the "Securities"), the business affairs and financial condition of the Fund
and other factors deemed relevant to the Reporting Persons, the Reporting Persons may endeavor to
increase or decrease their position in the Fund through, among other things, the purchase or sale of
Securities in the open market or in private transactions, including the purchase of Securities through
a tender offer or otherwise, on such terms and at such times as the Reporting Persons may deem
advisable.

It is anticipated that the Reporting Persons may, from time to time, have discussions with management,
the board of directors, and other stockholders of the Fund. The Reporting Persons intend to monitor
and evaluate the Fund's business, corporate governance and financial performance, to monitor efforts
by management to increase stockholder value and to be available to management to the extent that the
Fund may benefit from the institutional experience of the Reporting Persons. The Reporting Persons
also may seek in the future to have one or more representatives appointed or elected to the board of
directors of the Fund or to propose other matters for consideration and approval by the Fund's
stockholders or board of directors. The Reporting Persons also may decide in the future to propose a
transaction whereby all or a portion of the Fund be sold, and in connection therewith the Reporting
Persons may seek to participate in such transaction or seek to acquire control of the Fund in a
negotiated transaction or otherwise. If it or its affiliates should acquire control of the Fund, it or
its affiliates may transfer all or part of the Fund to affiliated or unaffiliated persons.

None of the Reporting Persons currently has other plans or proposals that relate to or would result in
any of the consequences listed in paragraphs (a) through (j) of Item 4 of the Special Instructions for
complying with Schedule 13D except as set forth herein or such as would occur upon completion of the
actions discussed above.

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. This document may also contain forward looking statements relating to Versatile's
intentions with respect to Equus, which are based on Versatile's current strategy. These statements
are not guarantees of future activity or 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 forwardlooking 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 or International: 001-206-979-6760

OR

Versatile Systems Inc.
Fraser Atkinson
CFO
1-800-262-1633
www.versatile.com

OR

NCB Stockbrokers Limited (Nominated Adviser)
Christopher Caldwell or Barclay Clibborn
+44 (0) 20 7071 5200

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.

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Versatile Systems Inc.								

						                                                                                                                                                        

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