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June 21, 2012 at 16:13 PM EDT
Versatile Appointed a Splunk Powered Reseller

MECHANICSBURG, PENNSYLVANIA--(Marketwire - June 21, 2012) - Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS) announced today that it has signed a partnership agreement and been appointed a Powered Reseller of Splunk software in the Americas. Splunk Inc. (NASDAQ:SPLK) is the leading provider of software for real-time operational intelligence.

Generated by websites, applications, servers, networks, mobile devices and other systems, machine data is one of the fastest growing and most valuable segments of big data. Splunk is the engine for machine data, able to collect and index data from any source. Organizations using Splunk software to gain operational insights into their machine-generated data have experienced reduced website downtime, faster resolution of IT issues, identification of system abuse, and access to real-time and historical trends.

"By monitoring and analyzing everything from customer clickstreams and transactions, to network activity, to call records, Splunk software turns machine data into valuable information," said Vishal Rao, Vice President, Americas, Splunk Inc. "We're excited to have a partner like Versatile Systems that recognizes the value of machine data and the competitive business edge it provides."

"At Versatile we are always seeking innovative technologies to help our clients be more productive, efficient and gain more visibility into the IT infrastructure. It is that insight that drives business," said Bob Joyce, President, Versatile Systems. "Big data is a growing challenge for many of our clients and we are impressed with the speed, accuracy and quality of information that Splunk software provides as a solution to big data issues. We are pleased to count Splunk as a key partner."

Versatile will be hosting an introductory webinar for Splunk on Wednesday, June 27, 2012 at 1:00 PM EST. To register, visit http://www.versatile.com/splunk. For questions about Splunk integration or technology projects, please contact Versatile Professional Services at info@versatile.com.

About Splunk

Splunk(R) Inc. (NASDAQ:SPLK) provides the engine for machine data(TM). Splunk software collects, indexes and harnesses the massive machine data continuously generated by the websites, applications, servers, networks and mobile devices that power business. Splunk software enables organizations to monitor, search, analyze, visualize and act on massive streams of real-time and historical machine data. More than 4,000 enterprises, universities, government agencies and service providers in over 80 countries use Splunk Enterprise to gain operational intelligence that deepens business understanding, improves service and uptime, reduces cost and mitigates cyber-security risk. To learn more, please visit www.splunk.com/company.

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. These statements are not guarantees of future 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 forward-looking 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.

All amounts are expressed in U.S. dollars unless otherwise stated. (C) 2012 Versatile Systems Inc. All rights reserved.

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