Versus Systems Announces Strategic Restructuring, New Interim CEO, and Key Investor Engagement
July 01 2024 - 4:05PM
Versus Systems, Inc. (NASDAQ: VS), a pioneering technology company
in interactive entertainment, is pleased to announce the
appointment of a new Interim Chief Executive Officer.
Effective immediately, Curtis Wolfe has been appointed as the
new Interim Chief Executive Officer of Versus Systems. Curtis Wolfe
brings with him years of experience in technology companies,
including online media, ad technologies, and video games. In
addition, Curtis is an experienced attorney licensed in Florida and
Delaware who teaches Transactional Skills (Mergers and
Acquisitions) at the University of Miami School of Law. His
leadership is expected to drive the company forward in its next
phase of growth and innovation.
“I'm thrilled to join Versus Systems at this transformative
stage," said Curtis Wolfe, Interim CEO of Versus Systems. “We will
conduct a thorough review of the Company’s technologies, product
line-up, client platforms, and the market to position the Company
to deliver secure and immersive gaming experiences that exceed the
expectations of our global customer base. In addition, we will be
evaluating strategic partnerships with companies whose technologies
complement ours and create opportunities for mutually beneficial
growth. The support from our new investors marks an exciting
chapter for our Company."
Prior to Mr. Wolfe’s appointment as Interim CEO, the Board
of Directors accepted the resignations of Matthew Pierce, the
Company’s CEO and Director, Craig Finster, the Company’s CFO, and
Keyvan Penman, the Company’s Chairman, and independent directors
Michelle Gahagan and Shannon Pruitt.
“The Company thanks the outgoing management team, including
those officers and directors who have brought the Company to where
it is today,” said Juan Carlos Barrera, the acting Chairman of the
Company. "We hope to build on their accomplishments as we usher in
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
SlachGateway Group,
Inc.949-574-3860IR@versussystems.comorpress@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.
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