Versus Systems Introduces #VersusXP, a Real-Time Rewards Service For Gaming Platforms

#VersusXP allows brands to launch sweepstakes and prizing events in hours, rather than months, to leverage time-sensitive events on social media

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2019) - Versus Systems Inc. (CSE: VS) (OTCQB: VRSSF) (FSE: BMVA) ("Versus" or the "Company") which offers a proprietary in-game prizing and promotions engine, is announcing the launch of its #VersusXP service.

#VersusXP allows any company offering games or other media powered by Versus Systems to create prized campaigns as a real-time response to organic, #hashtag trends and cultural moments. It's first successful campaign was launched following the #FortniteBlackout on Sunday, October 13, 2019 that lasted two days.

"We did not work directly with Epic or Fortnite, but in response to the event, launched a challenge on social media that encouraged those playing the game to launch the game via a platform powered by Versus such as HP's OMEN Command Center," said Christian Miranda, Head of Accounts and Product Integration at Versus. "Once the player watched the black hole for a specific period of time, the players were entered into a sweepstakes."

The contest was shared widely online and tweeted by brands such as HP.

It is estimated that approximately 60% of the game's player base joined the challenge, and Versus continuously updated the contest to increase engagement, beginning with a "minutes watched" challenge. Versus later updated it to incorporate the act of opening the game as well. This type of game activity has never been done before.

"We live in a real-time society, where the next big thing can launch on social media and reach millions worldwide in minutes. Marketing and PR teams need tools to be able to leverage these global trends quickly," added Miranda. "A traditional sweepstakes can take months to set up - but with Versus' technology we are able to develop and launch these campaigns in a matter of hours."

#VersusXP offers an array of services, including strategy and creative development, amplifying Versus' core offerings to help brands create crafted experiences that build real, long-lasting connections with hard-to-reach gamers.

To join Versus' investor group, please visit http://connects.systems/versusgroup.

About Versus Systems

Versus Systems (CSE: VS) (OTCQB: VRSSF) has developed a proprietary in-game prizing and promotions engine that allows game publishers and developers to offer in-game prizing across various platforms including mobile, console, PC games, and streaming media. Brands pay to place products in-game and gamers compete for those prizes.

For more information on Versus Systems visit www.versussystems.com or visit Versus Systems official YouTube channel.

Contact: info@versussystems.com

For Versus Systems, contact:
Matthew Pierce
press@versussystems.com

Disclaimer for Forward-Looking Information

This news release contains certain forward-looking information and forward-looking statements within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, 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", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward looking statements. In this news release, forward-looking statements relate, among other things, to: the proposed use of proceeds from the Offering. These forward-looking statements are based on reasonable assumptions and estimates of 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 which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Although the forward-looking statements contained in this news release are based upon 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 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 forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable law.

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Released October 17, 2019