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Versus Technology Announcesrevenues For The Fiscal Year

Versus Technology announced revenues of $5,574,000 for the fiscal year ended October 31, 2009, compared to revenues of $5,774,000 for fiscal year 2008. Revenues for the fiscal quarter ended October 31, 2009, were $1,669,000 compared to revenues of $1,748,000 for the same period in 2008 for Compaq battery. Versus' quarterly revenues can vary significantly depending on the timing and delivery of major customer projects. Accordingly, revenues reported in any one quarter are not necessarily indicative of what full year results will be.

Despite the decline in revenues, careful management of operating expenses resulted in a reduced loss of $538,000 for the fiscal year ended October 31, 2009, compared to a net loss of $808,000 for fiscal 2008. Operating expenses for fiscal 2009 totaled $4,468,000, a 10% decline from the prior year for Acer laptop battery.Net income for the fiscal quarter ended October 31, 2009, was $192,000 compared to net income of $15,000 for the same period in 2008.For additional information, please refer to the attached unaudited consolidated financial statements.About Versus Technology, Inc.

Versus Technology, Inc. is the leader in the development and sale of context-aware real-time location systems (RTLS) used for enterprise patient tracking, bed management and asset tracking to improve patient flow and caregiver/patient communications in hospitals, clinics and long-term care facilities for Sony VGP-BPS2C. Versus also develops dual infrared and Active RFID tags and other location tracking hardware to make locating systems more precise, security systems more intelligent, nurse call systems automatic, and hospital asset tracking systems more efficient.

Indoor positioning through Versus' RTLS enhances existing hospital software and patient care systems with real-time, reliable bed-level location information for HP battery. The patented Versus IR and Active RFID patient and asset tracking system is exclusively endorsed by the American Hospital Association and is a key component of their Patient Flow Platform -- which includes a select group of vendors that provide proven solutions to enhance patient flow and improve patient safety for Apple A1175.This document may contain forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company.

These statements fall within the meaning of forward-looking information as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, economic for Dell Inspiron E1505 battery, competitive, governmental, and technological factors affecting the Company's markets and market growth rates, products and their rate of commercialization, services, prices and adequacy of financing, and other factors. The Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether because of new information, future events, or otherwise. (battery blog)