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Versus Technology Announces Third Quarter Results
Date:8/25/2009

8, have been prepared by management.

Management has elected to omit the statement of shareholders' equity and substantially all of the footnote disclosures required by accounting principles generally accepted in the United States. If the omitted statement and disclosures were included in the financial statements, they might influence the user's conclusions about the Company's financial position, results of operations, and cash flows. Accordingly, these financial statements are not designed for those who are not informed about such matters.

The reader should refer to the Versus Technology, Inc. 2008 Annual Report which is available at www.versustech.com/annual_reports.htm for further details regarding the Company's financial position at October 31, 2008.

Joseph E. Winowiecki

Chief Financial Officer

August 25, 2009


                      VERSUS TECHNOLOGY, INC. AND SUBSIDIARY
                           Consolidated Balance Sheets
                                  (Unaudited)


                                            31-Jul-09        31-Oct-08
                                            ---------        ---------
    Assets
    Current assets
       Cash and cash equivalents           $1,621,000       $1,709,000
       Accounts receivable                    543,000        1,359,000
       Inventories                            630,000          720,000
       Prepaid expenses and other
        current assets                        184,000          175,000
                                              -------          -------

    Total current assets                    2,978,000        3,963,000
                                            ---------        ---------

    Property and equipment
    
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SOURCE Versus Technology, Inc.
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