1558 West Hastings Street,
Vancouver |V6G 3J4 |Canada
T: 604.639.4457 | F: 604.639.4451
www.versussystems.com
U.S.
Patent Office Grants New Patent
Claims
for Versus
Systems' In-Game Rewards Platform
New
Patented
Claims
Cover
Dynamic Regulatory Compliance, Multiplayer
Balance, and
Real-World
Rewards in
Interactive Media
Los
Angeles, CA - September 9, 2020 - InvestorsHub NewsWire
- Versus
Systems, Inc. ("Versus" or the "Company") (CSE:VS) (OTCQB:VRSSF) (FRANKFURT:BMVA)
announces that,
pursuant to a Versus filing made in 2015, the U.S. Patent and
Trademark Office (USPTO) has allowed 20 new claims
associated with a patent filing titled "PROMOTING COMPETITIVE
BALANCE IN MULTIPLAYER GAMING."
The
patented
claims
protect a
number of proprietary systems and methods for architecting
multiplayer matches and competitions in such a way that they
maximize the level of skill required to win, rather than relying on
elements of chance. Promoting competitive balance using these
methods will allow content companies - including major game
publishers, video platforms, and fitness apps - to offer real-world
prizes in more states, territories, and countries than they could
previously – dramatically increasing the potential number of
participants in a sweepstakes, tournament, or reward-based
competition. Versus
will be
using these patented
technologies in Versus-enabled
systems like HP OMEN, Animoca games, and
Kast video streams going forward
- allowing players to
play for real-world prizes inside their favorite
games, and allowing
viewers to earn rewards as well.
Developers and
publishers that partner with Versus will have access to the full
suite of protected claims and patents that
Versus has been granted, addressing
legal and
regulatory compliance dynamically across federal, state, and local
law - allowing content partners to place prizes in-game, or in-app
for their players to earn as they play.
In
addition to these
new
claims
granted by the USPTO,
as
well as their other issued
patents, Versus has filed a
number of other claims related to their platform that are currently
pending in the United States, and in other Patent Cooperation
Treaty countries. Versus actively develops new technologies for
prizing and rewards inside interactive media and files for
intellectual property protection accordingly.
About
Versus Systems
Versus
Systems, Inc. has developed - a proprietary in-game prizing and
promotions engine that allows game publishers and developers to
offer in-game prizing across mobile, console, PC games, and
streaming media. Brands pay to place products in-game and gamers
compete for those prizes. For more information, please
visit www.versussystems.com
or
visit Versus Systems official YouTube
channel.
On behalf
of the Board of Directors,
Matthew
Pierce
Chief
Executive Officer
For
Versus Systems, contact:
press@versussystems.com
(424) 242-4150
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
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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.
The
Canadian Securities Exchange does not accept responsibility for the
adequacy or accuracy of this press release.
