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Versus Systems Appoints Amanda Armour as Chief People Officer

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Versus Systems Inc. (Nasdaq: VS) announced the appointment of Amanda Armour as Chief People Officer, effective July 30, 2021. Armour, who has been with the company since 2016, aims to enhance the company's growth, culture, and organizational development, particularly following the recent acquisition of Xcite Interactive. CEO Matthew Pierce endorsed Armour's leadership, citing her contributions to team cohesion as vital during this expansion phase.

Positive
  • Amanda Armour's appointment is expected to strengthen the company's organizational infrastructure.
  • Armour has a solid track record at Versus Systems since 2016.
  • Her focus on growth and culture aligns with the company's recent acquisition strategy.
Negative
  • Concerns may arise regarding continuity and the experience gap in leadership post-acquisition.

LOS ANGELES, July 30, 2021 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) announced today the appointment of Amanda Armour to Chief People Officer. Armour, who has been with the company since 2016, will spearhead Versus’s rapid continued growth by maximizing the potential of the company’s organizational infrastructure. Armour’s focus on growth, culture, learning and development, and hiring will support the company in its recent acquisition of Xcite Interactive and into further expansion.

Armour’s work includes creating and implementing operations, hiring, and organization efforts for the inaugural 2016 Cedar Sinai-Techstars partnership and resulting technology companies, joining the Board of the Digital Diversity Network in 2019, and serving on the Advisory Board of Aeras Fog, a drone technology company that began operations in 2020. From 2012 through 2016, Ms. Armour led several NIH and Robert Wood Johnson Foundation-sponsored national research teams focused on initiatives concerning organizational behavior, ingroup establishment, and motivation of group buy-in as they relate to public health measures and medical access equity.

“My vision for the Versus experience of our team members is one that is simultaneously seamless, compassionate, and fulfilling,” said Armour. “We want to recruit and hire the best people possible while continuing to support our current teams. I am thrilled to be in this role and connect organizational health to the well-being and spirit of our workforce.”

“Amanda is absolutely the ideal person for this role,” Versus CEO Matthew Pierce said. “Her many contributions to Versus have resulted in a more cohesive, supported, successful team. We need her guidance now more than ever following our acquisition of Xcite Interactive and expanding our reach into TV and streaming. I can’t wait to see what she accomplishes next, and helps us to accomplish, as Chief People Officer.”

About Versus Systems

Versus Systems Inc. has developed a proprietary prizing and promotions engine that allows publishers, developers, and creators of streaming media, live events, broadcast TV, games, apps, and other content to offer real world prizes inside their content. Audiences can choose from among the offered prizes and then complete in-game or in-app challenges to win the prizes. The Versus platform can be integrated into streaming media, TV, mobile, console, and PC games, as well as mobile apps. For more information, please visit www.versussystems.com or visit the official Versus Systems YouTube channel.

Investor Contact:
Cody Slach and Sophie Pearson
Gateway Investor Relations
949-574-3860
IR@versussystems.com
or
press@versussystems.com

Disclaimer for Forward-Looking Information 
This news 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 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. 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. 


FAQ

What is Amanda Armour's new role at Versus Systems?

Amanda Armour has been appointed Chief People Officer at Versus Systems.

When was Amanda Armour appointed Chief People Officer?

Amanda Armour was appointed Chief People Officer on July 30, 2021.

How does Amanda Armour's appointment affect Versus Systems?

Her appointment is expected to improve organizational growth and support post-acquisition integration.

What previous experience does Amanda Armour bring to her new role?

Armour has been with Versus since 2016 and has led various initiatives in organizational behavior and public health.

Versus Systems Inc.

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