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

Machinery and equipment 426,000 403,000 Furniture and fixtures 100,000 100,000 Leasehold improvements 420,000 420,000 ------- ------- 946,000 923,000 Less accumulated depreciation 641,000 594,000 ------- ------- Net property and equipment 305,000 329,000 Goodwill 1,533,000 1,533,000 Deposits 9,000 9,000 ----- ----- Total assets $4,825,000 $5,834,000 ========= ========= See accompanying report of management. VERSUS TECHNOLOGY, INC. AND SUBSIDIARY Consolidated Balance Sheets (Unaudited) 31-Jul-09 31-Oct-08 --------- --------- Liabilities and shareholders' equity Current Liabilities Short-term borrowings $- $400,000 Accounts payable 297,000 274,000 Accrued expenses 262,000 359,000 Deferred revenue from customer advance payments 374,000 256,000 ------- ------- Total liabilities (all current) 933,000 1,289,000 ------- --------- Shareholders' eq
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