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Versapay to Co-Present With Clients at InFocus 2019

Published on 4 min read

Denver, CO; Toronto, ON – August 19, 2019 – Versapay Corporation (TSXV: VPY) ("Versapay"), a leading provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, is pleased to announce that it will be co-presenting with two of its clients at InFocus 2019. The event is Oracle JDE’s annual users’ conference being hosted in Denver, Colorado, August 20 - 22, at Sheraton Denver Downtown.

Craig O’Neill, Versapay CEO will share the stage with Brad Hughart, VP of Information Technology at PREIT to discuss how accepting credit card payments can improve the tenant’s experience and help commercial real estate owners and managers get paid faster. This session takes place August 20th at 2:00 pm in Windows.

And from Boston Properties Tom Christophersen, Director of Applications will co-present with Craig on the benefits of moving the accounts receivable process online with a convenient self-service portal for tenants and an integrated suite of tools for AR staff. The session will begin at 3:15 pm August 20th in Tower Court D.

“We’re very fortunate to work with leading companies like Boston Properties and PREIT,” stated Craig O’Neill, CEO at Versapay. “I’m excited to be co-presenting with them as we showcase their success in automating their AR processes and improving their tenants’ experience.”

About Versapay

Versapay is a Fintech company and leading provider of cloud-based invoice-to-cash solutions, enabling businesses to provide a superior customer experience, get paid faster, streamline financial operations, and dramatically reduce DSO and costs. Versapay ARC is the new standard in accounts receivable and collections management with a customer self-service environment to view invoices online, collaborate on inquiries and disputes, and facilitate secure online payments (EFT/ACH and credit card). Businesses gain access to a suite of powerful tools that enable efficient collections, cash application and real-time insight into accounts receivable. Versapay ARC automatically reconciles payments and account information through integrations with a wide range of ERPs and accounting software providers.

More information about Versapay is available at www.versapay.com or under the Company's profile on SEDAR at www.sedar.com.

For additional information, please contact:

John McLeod

Vice President, Marketing

Versapay Corporation



Babak Pedram

Investor Relations

Virtus Advisory Group Inc.



Forward Looking and Other Cautionary Statements

This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as “plans,” “expects,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates,” or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved.

These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to the speculative nature of the Company’s business, the Company’s formative stage of development and the Company’s financial position.

Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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