|[February 14, 2014]
Global Artificial Intelligence Based Cloud Security Provider VersAi, Inc. Engages LCA to Facilitate First Step in Listing on the National Stock Exchange of Australia
NEW WESTMINSTER, British Columbia --(Business Wire)--
Canadian federal corporation VersAi, Inc. ("VersAi" or "the company")
would like to announce that it has recently engaged with London Capital
Associates Ltd (LCA) as the company's listing specialist. This
engagement marks the company's first step in facilitating the company's
listing application for the National Stock Exchange of Australia ("NSX"
or "the exchange").
"Engaging with LCA is an important first step for VersAi in ensuring our
company's listing application is completed to NSX standards and ready
for the review stage by an exchange approved Nominated Adviser (NOMAD),
prior to submission to the NSX," said Mr. Woodrow C. Young, Chairman of
the Board of Directors. "Our reason for listing VersAi i to debut our
Canadian and American developed cloud security technology as a resource
to our future ICT security providers worldwide, starting in Australia
and thereafter expanding in Europe."
In response to the company's choice of NSX, Mr. Young said, "We found
that our growth and expansion plans were best addressed by having
the NSX become our primary exchange. It is more properly balanced
between transparency and the requirements of disclosure compliance for a
company such as ours and allows us to gain exposure and recognition in
Australia to lead our partnership efforts."
Dr. J. Scott Smith, President of VersAi, stated, "To trade in Australia
first truly shows that our goal is to expand globally."
VersAi, Inc. is the next generation of predictive data security. We
have successfully commercially tested and have deployed a near
autonomic, self-aware, auto updating Unified threat management system
which has become a highly accurate, end user network behavioral
fingerprinting, predictive inbound and outbound threat detection and
proprietary IP protecting system which requires little to no human
intervention. Headquartered in Irvine, California with offices in
British Columbia, Canada and Sydney, Australia, we are fast becoming the
global leader and security solutions partner worldwide.
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