|By Business Wire||
|February 14, 2014 03:32 PM EST||
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 is 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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